Governor's May Revision methodology to reduce Cal Grant award amounts

Last Updated:	5/30/2012
Budget Issue:	Governor's May Revision methodology to reduce Cal Grant award amounts
Program:	Student Aid Commission
Finding or Recommendation:	Reject Governor's May Revision proposal to prorate Cal Grant amounts based on students' eligibility for federal Pell Grants. The Governor's proposal uses too crude a measure of financial need. Instead direct that an independent study be completed by January 2013 with recommendations for comprehensive reform of the state's financial aid programs, which may include differential award amounts.