July 2026
Financial Aid
California Student Aid Commission Budget
(Dollars in Millions)
| 2024-25 Actual |
2025-26 Revised |
2026-27 Enacted | Change From 2025-26 | ||
| Amount | Percent | ||||
| Spending | |||||
| Local assistance | |||||
| Cal Grants | $2,496 | $2,903 | $3,204 | $301 | 10.4% |
| Middle Class Scholarshipsa | 1,009 | — | 959 | 959 | — |
| Golden State Teacher Grants | 92 | 80 | 28 | -52 | -65.1 |
| California College of the Artsb | 3 | 20 | — | -20 | -100.0 |
| California Indian Nations Collegeb | — | 10 | — | -10 | -100.0 |
| Other programs and adjustments | 40 | 41 | 40 | —c | —c |
| Technical adjustmentd | -117 | 7 | 8 | 1 | 10.2 |
| Subtotals | ($3,522) | ($3,061) | ($4,239) | ($1,179) | (38.5%) |
| State operations | $26 | $26 | $28 | $2 | 5.8% |
| Totals | $3,548 | $3,087 | $4,267 | $1,180 | 38.2% |
| Funding | |||||
| General Fund | $3,128 | $2,665e | $3,828 | $1,163 | 43.6% |
| Ongoing | (2,662) | (2,553) | (3,372) | (818) | (32.1) |
| One-timef | (465) | (112) | (457) | (344) | (307.1) |
| Federal TANF | 400 | 400 | 400 | — | — |
| Other funds and reimbursements | 20 | 22 | 39 | 18g | 81.3 |
| a Starting in 2025-26, the Middle Class Scholarship (MCS) program is funded one year in arrears. | |||||
| b One-time initiatives. | |||||
| c Less than $500,000 or 0.5 percent. | |||||
| d Reflects discrepancy in the administration's back-up between total spending and total funding. | |||||
| e Includes technical correction that revises CSAC's local assistance funding upward by $21 million. | |||||
| f Includes one-time funding for MCS program. | |||||
| g Includes $16 million in federal Individuals with Disabilities Education Act funds and $1.6 million in federal Elementary and Secondary School Act, Title II, Part A funds that flow through the California Department of Education to reimburse Golden State Teacher Grant program costs. Also includes $10,000 in one-time General Fund reimbursements from the Scholarshare Investment Board for data-sharing related to college savings accounts. | |||||
| TANF = Temporary Assistance for Needy Families. | |||||