The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - Specifically, from 2021 ‑22 (the year before MCS was revamped) to 2024 ‑25, resident undergraduate enrollment increased by 7.5  percent and 2.1  percent at UC and CSU, respectively. Average MCS Award Amount Increased by About Half Between Original and Revamped Program.
https://lao.ca.gov/Publications/Report/5127

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - Specifically, SIB is in the midst of spending the remaining $7.5  million in one-time state funds on a two-year marketing campaign in partnership with an external marketing firm. SIB has onboarded the firm, and primary marketing activities are set to begin in spring 2025.
https://lao.ca.gov/Publications/Report/5035

Third Round of Federal Higher Education Relief Funding

May 3, 2021 - . $3  billion (7.5  percent) for supplemental funds to minority-serving institutions. $198  million (0.5  percent) for supplemental funds to institutions with the greatest unmet need, as determined by ED after making other funding allocations.
https://lao.ca.gov/Publications/Report/4421

The 2022-23 Budget: Student Financial Aid

Feb 18, 2022 - State law limits participation in the program to 2,500 students at any one time —the maximum number that could receive the full award amount without exceeding the ongoing funding level of $7.5  million.
https://lao.ca.gov/Publications/Report/4548

The 2023-24 Budget: California Student Aid Commission

Feb 23, 2023 - Trailer legislation authorized CSAC to spend $7.5  million (1.5  percent) of these funds on program administration. The remaining amount was to be spread evenly over five years, equating to approximately $98  million annually through  2025 ‑26.
https://lao.ca.gov/Publications/Report/4702

The 2021-22 Spending Plan: Higher Education

Oct 11, 2021 - Includes $7.5 million for the Dreamer Service Incentive Grant Program, which was authorized in 2019 ‑20 but suspended until 2021 ‑22. b Less than $500,000. c The budget agreement includes an additional $300 million one ‑time General Fund for this purpose in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4461