Third Round of Federal Higher Education Relief Funding

May 3, 2021 - . $36  billion (91  percent) for base funds to public and private nonprofit institutions. $396  million (1  percent) for base funds to private for-profit institutions. $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 2023-24 Budget: University of California

Feb 15, 2023 - At UCLA, 74  percent of transfer students graduate within two years, increasing to 91  percent graduating within three years —compared to 63  percent and 85  percent, respectively,  systemwide. No Compelling Justification for Singling Out UCLA.
https://lao.ca.gov/Publications/Report/4684

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - Second, SIB provides a deposit of $500 to first graders who are low income (as defined under the Local Control Funding Formula). First graders qualify for an additional $500 deposit if they are foster youth and an additional $500 deposit if they are experiencing homelessness (for a maximum deposit of $1,500).
https://lao.ca.gov/Publications/Report/5035

The 2025-26 California Spending Plan: Higher Education

Nov 14, 2025 - The $50  million is in addition to the $500  million one-time General Fund appropriation provided in the 2021-22 Budget Act for this program. Along with the additional funding, trailer legislation extends the program by one year, through June 30, 2026.
https://lao.ca.gov/Publications/Report/5089

The 2024-25 California Spending Plan: Higher Education

Sep 11, 2024 - Most of the original $500  million appropriation was unspent as of June 2024 and the state reverted the remaining funds to help address its budget deficit. Financial Literacy Outreach Program Is Discontinued.
https://lao.ca.gov/Publications/Report/4926

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 2023-24 Budget: Scholarshare Investment Board

Mar 7, 2023 - Under the second component of the CalKIDS program, SIB is to provide a deposit of $500 to each first grader who is low-income (as defined under the Local Control Funding Formula). First graders qualify for an additional $500 deposit if they are foster youth and an additional $500 deposit if they are homeless, leading to a maximum deposit of $1,500.
https://lao.ca.gov/Publications/Report/4731

The 2021-22 Spending Plan: Higher Education

Oct 11, 2021 - Students who are foster youth or homeless receive an additional $500 college savings account deposit (for a maximum deposit of $1,500). In 2021 ‑22, Low-Income Students in Grades 1 Through 12 Get $500 Special Deposits.
https://lao.ca.gov/Publications/Report/4461

The 2023-24 Budget: Student Housing

Mar 9, 2023 - Together, these projects are requesting a total of $280 million in state grant funding (less than the $500 million available under the Governor’s budget). (Approving the UC San Diego project, however, would put UC above its statutory program funding cap.)
https://lao.ca.gov/Publications/Report/4733

The 2022-23 Budget: Student Financial Aid

Feb 18, 2022 - The eligibility criteria and award amounts will be the same as for public school students in 2021 ‑ 22 —meaning each low ‑income first grader will receive a deposit of $500, and first graders who are foster youth or homeless will receive additional $500 deposits.
https://lao.ca.gov/Publications/Report/4548