July 2024

Financial Aid

Cal Grant Spending

(Dollars in Millions)

  2022-23 Actual 2023-24 Revised 2024-25 Enacted Change From 2023-24
Amount Percent
Total Spending $2,211 $2,333 $2,481 $148 6.3%
By Segment:          
University of California $967 $1,046 $1,153 $106 10.1%
California State University 756 760 790 30 3.9
California Community Colleges 230 260 275 15 5.8
Private nonprofit institutions 230 238 236 -2 -0.7
Private for-profit institutions 28 28 27 -1 -3.8
Other public institutions a a a a -33.6
By Program:          
High School Entitlement $1,619 $1,708 $1,786 $78 4.6%
CCC Expanded Entitlement 220 312 389 78 25.0
Competitive 206 175 168 -8 -4.3
Transfer Entitlement 161 134 134 a a
Cal Grant C 5 4 4 a -6.2
By Award Type:          
Cal Grant A $1,161 $1,268 $1,393 $125 9.9%
Cal Grant B 1,045 1,061 1,084 23 2.2
Cal Grant C 5 4 4 a -6.2
By Renewal or New:          
Renewal $1,522 $1,580 $1,705 $126 8.0%
New 689 753 776 22 3.0
           
Data reflect California Student Aid Commission (CSAC) estimates as of the May Revision. For 2024-25, the final budget assumes Cal Grant spending will be $42 million lower than these estimates based on more recent program data.
a Less than $500,000 or 0.5 percent.