July 2024
Financial Aid
Changes in California Student Aid Commission General Fund Spending
2024-25 (In Millions)
| 2023-24 Revised Spending | $2,984 |
| Ongoing Spending | |
| Cal Grant baseline adjustment | $106 |
| Middle Class Scholarship baseline adjustment | 61a |
| Other | —b |
| Subtotal | ($167) |
| One-Time Initiatives | |
| Middle Class Scholarship one-time augmentation | $289 |
| Golden State Teacher Grants | 110c |
| Subtotal | ($399) |
| Remove 2023-24 one-time funding | -$435 |
| Total | $132 |
| 2024-25 Enacted Spending | $3,116 |
| a This adjustment brings the program back to its ongoing base funding level of $637 million. | |
| b Consists of $152,000 increase for employee compensation and $31,000 increase for the Law Enforcement Personnel Dependents program. | |
| c The 2021‑22 Budget Act appropriated $500 million to be spent annually from 2021‑22 through 2025‑26. Amount shown reflects anticipated spending in year four. Because program participation has been higher than originally anticipated, all program funding is expected to be spent by the end of 2024-25. | |