July 2022

Financial Aid

California Student Aid Commission Budget

(Dollars in Millions)

  2020-21 Actual 2021-22 Revised 2022-23 Enacted Change From 2021-22
Amount Percent
Spending          
Local assistance          
Cal Grants $2,256 $2,403 $2,486 $83 3%
Middle Class Scholarships 114 110 632 522 475
Learning-Aligned Employment Programa — 200 300 100 50
Golden State Teacher Grantsa 8 105 98 -7 -7
Golden State Education and Training Grantsa — 500 — -500 -100
Other programs 28 35 37 2 6
Subtotals ($2,406) ($3,353) ($3,553) ($200) (6%)
State operations $23 $21 $21 —b 2%
Totals $2,428 $3,373 $3,574 $200 6%
Funding          
General Fund $2,000 $2,466 $3,153 $686 28%
Ongoing (1,994) (2,140) (2,748) (608) (28)
One-time (6) (327) (405) (78) (24)
Federal American Rescue Plan — 473 — -473 -100%
Federal TANF 400 400 400 — —
Other funds and reimbursements 28 34 21 -13 -39%
a One-time initiatives.
b Less than $500,000.
TANF = Temporary Assistance for Needy Families.