January 2025
Financial Aid
California Student Aid Commission Budget
(Dollars in Millions)
2023-24 Actual |
2024-25 Revised |
2025-26 Proposed |
Change from 2024-25 | ||
| Amount | Percent | ||||
| Spending | |||||
| Local Assistance | |||||
| Cal Grants | $2,295 | $2,453 | $2,562 | $109 | 4.5% |
| Middle Class Scholarships | 803 | 925a | 527 | -398 | -43 |
| Golden State Teacher Grantsb | 178 | 116 | 50 | -66 | -57 |
| California College of the Artsb | — | 3 | 20 | 18 | 700 |
| Other programs | 50 | 39 | 38 | -0.1 | -0.3 |
| Subtotals | ($3,326) | ($3,535) | ($3,198) | ($337) | (-9.5%) |
| State operations | $25 | $23 | $26 | $2 | 9.3% |
| Totals | $3,351 | $3,558 | $3,223 | -$335 | -9.4% |
| Funding | |||||
| General Fund | $2,875 | $3,135 | $2,802 | -$333 | -11% |
| Ongoing | (2,468) | (2,729) | (2,730) | (1) | (—)c |
| One-time | (407)d | (406) | (72) | (-334) | (-82) |
| Federal TANF | 400 | 400 | 400 | — | — |
| Other funds and reimbursements | 28 | 23 | 21 | -2 | -7 |
| a Includes $289 million in one-time funds. b One-time initiatives. c Below 0.1 percent. d Does not include carryover funds used to support 2023-24 spending. TANF = Temporary Assistance for Needy Families. |
|||||