Rethinking California's Reserve Policy

Apr 10, 2025 - In March of 2004, on the heels of the dot ‑com bust, voters passed Proposition  58, which created the Budget Stabilization Account (BSA). In the 2006 ‑07 budget, the Legislature deposited $472  million into the BSA and in 2007 ‑08 deposited $1.5  billion.
https://lao.ca.gov/Publications/Report/5028

The 2025-26 Budget: Governor’s Office of Service and Community Engagement

Mar 11, 2025 - California also already has an extensive network of state and campus financial aid offices that administer federal, state, and campus-based financial aid programs. CSAC regularly interacts with campus financial aid offices in the administration of state fin ancial aid programs.
https://lao.ca.gov/Publications/Report/5015

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

Mar 10, 2025 - Financial Aid Costs Are Largest of Remaining Operating Costs. CLSF faces various operating costs beyond employee salary and benefits. In 2024 ‑25, CLSF estimates that financial aid costs account for nearly 20  percent of its operating expenditures.
https://lao.ca.gov/Publications/Report/5014

The 2025-26 Budget: Educator Workforce

Mar 7, 2025 - The California Student Aid Commission (CSAC) is required to conduct an evaluation of the Golder State Teacher Grant Program, in partnership with CTC, and report to the administration and the Legislature every two years, beginning December 31, 2025.
https://lao.ca.gov/Publications/Report/5012

The 2025-26 Budget: Understanding Recent Increases in the Medi-Cal Senior Caseload

Mar 6, 2025 - Figure  8 shows caseload in the three senior aid categories from April 2021 through December 2024. Senior caseload grew by about 320,000 individuals over the period, with growth occurring almost exclusively in the Medically Needy category.
https://lao.ca.gov/Publications/Report/5010

The 2025-26 Budget: California Community Colleges

Mar 5, 2025 - These funds are to support up to 65 colleges in providing various services, including academic advising, tutoring, financial aid application assistance, and assistance accessing other campus and community resources.
https://lao.ca.gov/Publications/Report/5005

The 2025-26 Budget: California Student Aid Commission [Publication Details]

Feb 28, 2025 - The 2025-26 Budget: California Student Aid Commission [Publication Details] Description: In this brief, we provide an update on Cal Grant and Middle Class Scholarship cost estimates, as well as analyze the Governor’s budget proposals for California College of the Arts and California Student Aid Commission’s state operations.
https://lao.ca.gov/Publications/Detail/4994

The 2025-26 Budget: California Student Aid Commission

Feb 28, 2025 - Background CSAC ’s Mission Is to Administer State Financial Aid Programs. CSAC administers certain state financial aid programs and provides related technical assistance. As discussed earlier in the brief, the largest of these programs are the Cal Grant and MCS programs.
https://lao.ca.gov/Publications/Report/4994

The 2025-26 Budget: University of California

Feb 27, 2025 - UC designates a portion of new student tuition revenue generated by tuition and enrollment increases to its institutional aid programs. In 2024‑25, UC reports spending an estimated $1.2 billion on its largest institutional aid program, which provides gift aid for undergraduates with financial need.
https://lao.ca.gov/Publications/Report/4998

Changes in California Student Aid Commission General Fund Spending [EdBudget]

Feb 26, 2025 - Changes in California Student Aid Commission General Fund Spending [EdBudget] 2025-26 Proposed Spending $2,802 a The Governor's budget provides $230,000 for a Chief Information Security Officer position and $65,000 for employee compensation adjustments. b Reflects proposed $50 million in additional one-time General Fund funding for the program.
https://lao.ca.gov/Education/EdBudget/Details/924