January 2023

Financial Aid

Cal Grant Spending

(Dollars in Millions)

  2021-22 Actual 2022-23 Revised 2023-24 Proposed Change From 2022-23
Amount Percent
Total Spending $2,233 $2,268 $2,259 -$10 -0.4%
By Segment:          
University of California $957 $986 $1,023 $36 3.7%
California State University 791 764 713 -51 -6.7
California Community Colleges 222 255 269 15 5.8
Private nonprofit institutions 233 235 226 -8 -3.5
Private for-profit institutions 29 29 27 -1 -4.7
Other public institutions —a —a —a —a -26.5
By Program:          
High School Entitlement $1,665 $1,673 $1,691 $18 1.0%
CCC Expanded Entitlement 119 192 221 30 15.5
Competitive 247 233 207 -25 -10.9
Transfer Entitlement 193 165 134 -31 -18.7
Cal Grant C 8 6 5 -1 -9.6
By Award Type:          
Cal Grant B $1,065 $1,056 $993 -63 -6.0%
Cal Grant A 1,160 1,206 1,260 54 4.5
Cal Grant C 8 6 5 -1 -9.6
By Renewal or New:          
Renewal $1,522 $1,583 $1,528 -$54 -3.4%
New 711 686 731 45 6.6
           
Notes:
Data reflect California Student Aid Commission estimates.
Figure does not include spending from the College Access Tax Credit (CATC) Fund. The Governor's budget provides $385,000 in CATC funding for Cal Grants in 2023-24.
a Less than $500,000 or 0.5 percent.     
TANF = Temporary Assistance for Needy Families.