July 2024
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. |