EdBudget Figures
May 2024
Financial Aid
May Revision Adjustments to Cal Grant Spending by Segment
(Dollars in Millions)
| Governor's Budget | May Revision | Change | ||
| Amount | Percent | |||
| 2023-24 | ||||
| University of California | $1,078 | $1,046 | -$32 | -2.9% |
| California State University | 780 | 760 | -20 | -2.6 |
| California Community Colleges | 270 | 260 | -11 | -3.9 |
| Private nonprofit institutions | 232 | 238 | 6 | 2.4 |
| Private for-profit institutions | 32 | 28 | -4 | -12.0 |
| Other public institutions | —a | —a | —a | 123.0 |
| Totals | $2,393 | $2,333 | -$61 | -2.5% |
| 2024-25 | ||||
| University of California | $1,185 | $1,153 | -$32 | -2.7% |
| California State University | 798 | 790 | -7 | -0.9 |
| California Community Colleges | 294 | 275 | -20 | -6.8 |
| Private nonprofit institutions | 232 | 236 | 4 | 1.9 |
| Private for-profit institutions | 33 | 27 | -6 | -17.4 |
| Other public institutions | —a | —a | —a | 214.9 |
| Totals | $2,541 | $2,481 | -$61 | -2.4% |
| Notes: | ||||
| Data reflect California Student Aid Commission (CSAC) estimates. | ||||
| a Less than $500,000 or 0.5 percent. | ||||