May 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 | $2,267 | $2,310 | $43 | 1.9% |
| By Segment: | |||||
| University of California | $957 | $986 | $1,040 | $54 | 5.5% |
| California State University | 791 | 778 | 753 | -$25 | -3.3 |
| California Community Colleges | 222 | 239 | 257 | $18 | 7.6 |
| Private nonprofit institutions | 233 | 235 | 231 | -$4 | -1.6 |
| Private for-profit institutions | 29 | 30 | 29 | -$1 | -2.2 |
| Other public institutions | 0 | 0 | 0 | -$0 | -26.4 |
| By Program: | |||||
| High School Entitlement | $1,665 | $1,675 | $1,715 | $40 | 2.4% |
| CCC Expanded Entitlement | 119 | 198 | 257 | 59 | 29.5 |
| Competitive | 247 | 223 | 200 | -23 | -10.4 |
| CCC Transfer Entitlement | 193 | 165 | 134 | -31 | -19.0 |
| Cal Grant C | 8 | 5 | 4 | -1 | -17.0 |
| By Award Type: | |||||
| Cal Grant A | $1,160 | $1,210 | $1,287 | $77 | 6.4% |
| Cal Grant B | 1,065 | 1,051 | 1,018 | -33 | -3.2 |
| Cal Grant C | 8 | 5 | 4 | -1 | -17.0 |
| By Renewal or New: | |||||
| Renewal | $1,522 | $1,575 | $1,568 | -$7 | -0.4% |
| New | 711 | 692 | 741 | 50 | 7.2 |