July 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  $2,548 $2,791  $243  9.5%
Middle Class Scholarships 803 1,004a 0 -1,004 -100.0
Golden State Teacher Grantsb 192 107 68  -39 -36.3
California College of the Artsb 3 20  18 700.0
California Indian Nations Collegeb 10 10
Other programs and adjustments 51 40 48 9 21.8 
Subtotals ($3,341) ($3,701) ($2,937) (-$763) (-20.6%)
State operations $25 $23 $26 $2 9.3%
Totals $3,366 $3,724 $2,963 -$761 -20.4%
Funding          
General Fund $2,890 $3,302 $2,542 -$760 -23.0%
Ongoing (2,471) (2,905) (2,442) (-463) (-15.9)
One-time (419)c (397) (100) (-297) (-74.8)
Federal TANF 400 400   400
Other funds and reimbursements 28 22  21 -1 -4.6
 
a Includes $368 million in one-time funds.
b One-time initiatives.
c Does not include carryover funds used to support 2023-24 spending.
TANF = Temporary Assistance for Needy Families.