July 2017
Financial Aid
California Student Aid Commission Budget
(Dollars in Millions)
| 2015-16 Actual | 2016-17 Revised | 2017-18 Enacted | Change from 2016-17 | ||
| Amount | Percent | ||||
| Expenditures | |||||
| Local Assistance | |||||
| Cal Grants | $1,861 | $1,986 | $2,111 | $125 | 6% |
| Middle Class Scholarships | 44 | 74 | 96 | 22 | 30 |
| Assumption Program of Loans for Education | 14 | 10 | 7 | -3 | -27 |
| Chafee Foster Youth Program | 11 | 14 | 14 | — | — |
| Student Opportunity and Access Program | 8 | 8 | 8 | — | — |
| National Guard Education Assistance Awards | 2 | 2 | 2 | — | — |
| Other programsa | 1 | 1 | 1 | —b | -7 |
| Subtotals | ($1,941) | ($2,095) | ($2,240) | ($144) | (7%) |
| State Operations | $14 | $17 | $15 | -$2 | -11% |
| Totals | $1,955 | $2,112 | $2,255 | $143 | 7% |
| Funding | |||||
| General Fund | $1,419 | $1,163 | $1,188 | $25 | 2% |
| Federal TANF | 521 | 926 | 1,043 | 118 | 13 |
| Otherc | 16 | 23 | 23 | —b | —b |
| aIncludes Cash for College, Child Development Teacher and Supervisor Grants, Graduate Assumption Program of Loans for Education, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, and State Nursing Assumption Program of Loans for Education for Nursing Faculty. bLess than $500,000 or 0.5 percent. cIncludes College Access Tax Credit Fund, Student Loan Authority Fund, and other federal funds. TANF = Temporary Assistance for Needy Families. |
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