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The 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - MCS = Middle Class Scholarships and COLA = cost-of-living adjustment. Cal Grant Spending Continues to Grow at Historically High Rate. The Cal Grant program is the state ’s largest and longest ‑standing financial aid program.
https://lao.ca.gov/Publications/Report/5112

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - COLA = cost ‑of ‑living adjustment. Governor ’s CCC Budget Plan Includes Proposition   98 Reserve Funding. The Proposition   98 Reserve is an account designated for school and community college programs.
https://lao.ca.gov/Publications/Report/5150