May 2025

Financial Aid

Estimates of Cal Grant Spending Are Higher Under May Revision

(In Millions)

  2024-25 2025-26
  Governor's Budget May Revision   Governor's Budget May Revision
Total Spending $2,453 $2,548   $2,562 $2,791
By Segment:          
University of California $1,091 $1,107   $1,170 $1,234
California State University 817 863   841 956
California Community Colleges 274 319   277 344
Private nonprofit institutions 233 230   236 229
Private for-profit institutions 37 29   37 28
Other public institutions 1 —a   1 —a
By Program:          
High School Entitlement $1,762 $1,819   $1,874 $1,971
CCC Expanded Entitlement 374 415   339 478
Competitive 159 158   161 157
Transfer Entitlement 139 140   166 165
Cal Grant C 19 16   22 21
By Award Type:          
Cal Grant B $1,116 $1,199   $1,112 $1,309
Cal Grant A 1,318 1,333   1,428 1,461
Cal Grant C 19 16   22 21
By Renewal or New:          
Renewal $1,692 $1,726   $1,759 $1,924
New 761 822   803 867
a Less than $500,000