In this brief, we analyze the Governor’s higher education May Revision proposals. In the first section, we provide an overview of funding for higher education. In the next three sections, we describe and assess the Governor’s major proposals for the University of California (UC), the California State University (CSU), and the Awards for Innovation program, respectively. We discuss proposals for the California Community Colleges (CCC) in our companion Proposition 98 budget brief. The Appendix to the brief contains seven figures that have detailed higher education budget data.