The 2025-26 California Spending Plan: Higher Education

Nov 14, 2025 - Chapter  622 of 2024 (AB  2508, McCarty) authorizes accounts for all foster youth in first through twelfth grade, whereas accounts previously were authorized only for foster youth in first grade. Deposits for foster youth remain set at $1,000.
https://lao.ca.gov/Publications/Report/5089

The 2024-25 Budget: California Student Aid Commission

Feb 29, 2024 - In most cases, students must also meet a grade point average (GPA) requirement. The specific GPA requirement varies by award type. Most award types require a minimum high school GPA of 2. 0 or 3.0 or a minimum community college GPA of 2.0 or 2.4.
https://lao.ca.gov/Publications/Report/4865

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - Additionally, the 2021-22 Budget Act temporarily expanded the program, with SIB providing CalKIDS deposits to all low-income students enrolled in grades 1 through 12 in that year. SIB Has Four Positions Dedicated to the CalKIDS Program.
https://lao.ca.gov/Publications/Report/5035

The 2023-24 Budget: Scholarshare Investment Board

Mar 7, 2023 - (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.) First-Grader Deposits Are Costing Less Than Originally Budgeted.
https://lao.ca.gov/Publications/Report/4731

The 2023-24 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 16, 2022 - The measure allocates 70  percent of its funding to school districts, charter schools, and county offices of education through a formula based on prior ‑year enrollment of students in preschool, transitional kindergarten, kindergarten, and grade 1 through grade 12.
https://lao.ca.gov/Publications/Report/4648

The 2021-22 Spending Plan: Higher Education

Oct 11, 2021 - In 2021 ‑22, Low-Income Students in Grades 1 Through 12 Get $500 Special Deposits. The budget provides $1.8  billion one-time federal American Rescue Plan Act funds and $92  million one-time General Fund to open college savings accounts for low-income students enrolled in grades 1 through 12 in the 2021 ‑22 school year.
https://lao.ca.gov/Publications/Report/4461

The 2023-24 Budget: University of California

Feb 15, 2023 - Under comprehensive review, when reviewing an applicant, campuses may consider courses, grades, honors classes, completion of special projects, and academic accomplishments in light of the student ’s life experiences, among other factors.
https://lao.ca.gov/Publications/Report/4684

Evaluation of the California Community College Teacher Credentialing Partnership Pilot Program

Mar 29, 2023 - As with traditional fifth ‑year programs, there are internship programs that allow interns to teach various grades levels and subject areas. Though most intern programs provide coursework on an in ‑person basis, some intern programs are  online.
https://lao.ca.gov/Publications/Report/4755

The 2022-23 Budget: Student Financial Aid

Feb 18, 2022 - Under this new component, the state is to open a college savings account for every low ‑income public school student (as identified under the Local Control Funding Formula) in grades 1 through 12 and provide a deposit of $500 in each account.
https://lao.ca.gov/Publications/Report/4548

The 2022-23 California Spending Plan: Higher Education

Oct 4, 2022 - Third, whereas the current program requires students to have a minimum grade point average (GPA), the new program will not have a GPA requirement for CCC students. These program changes are projected to lead to a net increase of 150,000 award offers in 2024-25, at an estimated additional net cost of $365  million.
https://lao.ca.gov/Publications/Report/4632