Second Round of Higher Education Federal Relief Funds

Jan 20, 2021 - About 170 institutions in California are eligible for federal programs supporting minority-serving institutions —most commonly the Developing Hispanic-Serving Institutions program. The U.S. Department of Education will allocate supplemental funds to minority-serving institutions using a statutory process.
https://lao.ca.gov/Publications/Report/4315

The 2021-22 Budget: California Community Colleges

Feb 16, 2021 - Apprenticeships and Work‑Based Learning In this section, we provide background on ( 1)  t raditional apprenticeships, ( 2)  a state ‑funded apprenticeship program focusing on nontraditional sectors, and ( 3)  C CC initiatives that incorporate work ‑based leaning.
https://lao.ca.gov/Publications/Report/4372

The 2022-23 Budget: Overview of the Governor's Higher Education Budget Proposals

Jan 26, 2022 - Though the state’s pension boards will not adopt final rates until spring 2022, we expect CCC will need to use approximately 40 percent (roughly $170 million) of the proposed apportionment COLA to cover higher pension costs.
https://lao.ca.gov/Publications/Report/4499

The 2021-22 Budget: California Institutes for Science and Innovation

Mar 2, 2021 - When the state authorized UC to develop the institutes in 2000, it provided $ 170  m illion in one ‑time General Fund over two years to support the construction of the institutes ’ facilities. Beginn ing in 2002‑03, the state provided $4.8 million General Fund to support the institutes’ annual operations.
https://lao.ca.gov/Publications/Report/4394

The 2023-24 Budget: Scholarshare Investment Board

Mar 7, 2023 - The state is providing $170  million ongoing General Fund to support deposits for low-income first graders beginning in 2022-23. (Previously, the 2021-22 Budget Act provided $1.8  billion one time for deposits to low-income students enrolled in grades 1 through 12 in that year.)
https://lao.ca.gov/Publications/Report/4731

The 2022-23 California Spending Plan: Higher Education

Oct 4, 2022 - Consistent with the 2021-22 budget agreement, the 2022-23 budget provides $170  million ongoing General Fund to SIB to add at least $500 to the college savings account of each low-income first grader (as identified under LCFF).
https://lao.ca.gov/Publications/Report/4632

The 2022-23 Budget: Student Financial Aid

Feb 18, 2022 - The  2021 ‑22 budget agreement also included $170  million ongoing General Fund beginning in 2022 ‑23 to provide deposits for each incoming cohort of first graders. The Governor ’s 2022 ‑23 budget includes these funds.
https://lao.ca.gov/Publications/Report/4548

The 2021-22 Spending Plan: Higher Education

Oct 11, 2021 - The budget provides Scholarshare with $170  million ongoing General Fund beginning in 2022 ‑23 to add $500 to the college savings account of each low-income first grader (as identified under LCFF). Students who are foster youth or homeless receive an additional $500 college savings account deposit (for a maximum deposit of $1,500).
https://lao.ca.gov/Publications/Report/4461

The 2020-21 Budget: Analyzing UC and CSU Cost Pressures

Dec 18, 2019 - Though better estimates likely will be available in the coming months, our preliminary estimate is that annual debt service to finance all 29 p rojects across the two systems would be about $ 210 m illion ($ 40 m illion for UC projects and $ 170 m illion for CSU projects).
https://lao.ca.gov/Publications/Report/4127