The 2026-27 California Spending Plan: Higher Education

Sep 28, 2026 - Specifically, the 2026 ‑27 budget provides $13  million in 2027 ‑28, $22  million in 2028 ‑29, $24  million in 2029 ‑30, $25  million in 2030 ‑31, and $26  million in 2031 ‑32 for the anticipated increase in Cal Grant spending.
https://lao.ca.gov/Publications/Report/5202

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - Under this time line, the administration estimates BPPE would make annual payments of $1.9  million from 2026-27 through 2031-32, with those payments totaling $11.5  million (including interest) across the six-year period.
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: California State University

Feb 24, 2026 - Since then, rates have generally stabilized around 32 percent. Spending Increases for Financial Aid Are Primarily Due to Tuition Increases. CSU sets aside a portion of its tuition revenue to provide financial aid to students, also known as institutional financial aid.
https://lao.ca.gov/Publications/Report/5142