July 2021

Financial Aid

California Student Aid Commission Budget

(Dollars in Millions)

  2019-20
Actual
2020-21
Revised
2021-22
Enacted
Change From 2020-21
Amount Percent
Spending          
Local assistance          
Cal Grants $2,281 $2,390 $2,656 $266 11%
Golden State Teacher Grantsa 15 500 485 3,233
Golden State Education and Training Grantsa 500 500
Learning-Aligned Employment Programa 200 200
Middle Class Scholarships 117 117 117 b b
Other programsc 49 35 29 -6 -17
Subtotals ($2,446) ($2,556) ($4,001) ($1,445) (57%)
State operations $24 $23 $20 -$3 -13%
Totals $2,471 $2,579 $4,021 $1,442 56%
           
Funding          
General Fund $1,386 $2,136 $3,128 $992 46%
Federal American Rescue Plan 473 473
Federal TANF 1,060 400 400
College Access Tax Credit Fund 4 2 b -1 -72
Other funds and reimbursements 21 42 21 -21 -50
           
a One-time initiatives.
Less than $500,000 or 0.5%.        
c Includes Assumption Program of Loans for Education, California Military Department GI Bill Awards, Cash for College, Chafee Foster Youth Program, Child Savings Account Grant Program, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, State Nursing Assumption Program of Loans for Education, and Student Opportunity and Access Program.
TANF = Temporary Assistance for Needy Families.