The 2024-25 Budget: California Student Aid Commission

Feb 29, 2024 - The department released the new application form for the 2024 ‑25 award year about three months later than usual (on December 30 rather than October 1, 2023). The department also is months behind schedule in sharing the resulting student records that campuses use to make financial aid offers to students.
https://lao.ca.gov/Publications/Report/4865

The 2025‑26 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 20, 2024 - State income tax receipts have followed this trend, with withholding collections up nearly 10  percent this year relative to 2023 levels. Most of this increase appears linked with special forms of pay for high ‑income workers, such as bonuses and stock compensation.
https://lao.ca.gov/Publications/Report/4940

Update on Student Housing Assistance

May 7, 2024 - Figure 5 25 Community Colleges Currently Are Receiving Rapid Rehousing Funds 2023 ‑24 Allocations (In Thousands) Campus
https://lao.ca.gov/Publications/Report/4898

The 2026-27 Budget: University of California

Feb 26, 2026 - In 2023 ‑24 (the most recent year for which UC has reported data), UC reserves declined from 17  percent to 15  percent of annual core fund expenditures —equating to just under two months of reserves.
https://lao.ca.gov/Publications/Report/5143

The 2024-25 California Spending Plan: Higher Education

Sep 11, 2024 - The state postponed the 2024-25 application deadline for most Cal Grant awards from March 2 to May 2 due to implementation issues with the new FAFSA form. This resulted in CSAC receiving key application data after preparing its original spring estimates.
https://lao.ca.gov/Publications/Report/4926

The 2026-27 Budget: California State University

Feb 24, 2026 - Growth in health care costs has been particularly notable the past three years (with the highest growth in 2023‑24 at 10 percent). Pension Contribution Rates Have Remained Relatively Flat in Recent Years.
https://lao.ca.gov/Publications/Report/5142

The 2023-24 California Spending Plan: Higher Education

Oct 19, 2023 - In a May early action budget decision, the state enacted Chapter  5 of 2023 (AB  111, Committee on Budget) related to how certain forms of financial aid are treated for state personal income tax purposes.
https://lao.ca.gov/Publications/Report/4809

The 2025-26 Budget: California Community Colleges

Mar 5, 2025 - Collectively, these documents form a comprehensive plan for implementing the proposed project. These documents can give the Legislature a better understanding of—and more confidence in—the project cost, schedule, and scope prior to approving funding for project implementation through the annual budget process.
https://lao.ca.gov/Publications/Report/5005

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - In 2022 ‑23, award coverage was 26  percent, followed by 36  percent in 2023 ‑24, and 35  percent in 2024 ‑25. Using this approach, CSAC could not finalize the percentage of award coverage until August when it received enrollment rosters from campuses.
https://lao.ca.gov/Publications/Report/5127

The 2025-26 Budget: College of the Law, San Francisco

Mar 10, 2025 - In addition, the school receives noncore funding from the federal government in the form of grants and contracts. It also receives noncore funding from private donations as well as other external grants and contracts.
https://lao.ca.gov/Publications/Report/5014