July 2019

Financial Aid

California Student Aid Commission Budget

(Dollars in Millions)

  2017-18
Actual
2018-19
Revised
2019-20
Enacted
Change From 2018-19
Amount Percent
Spending          
Local assistance          
Cal Grants $2,105 $2,266 $2,557 $291 13%
Middle Class Scholarships 100 107 110 3 3
Golden State Teacher Grant Program 90a 90 ⁠—
Child Savings Account Grant Programb 25a 25 ⁠—
Student Opportunity and Access Program 8 8 18c 10 127
Chafee Foster Youth Program 13 18 18 d d
Other programse 8 8 4 -4 -49
Subtotals ($2,234) ($2,407) ($2,822) ($415) (17%)
State operations $16 $21 $23 $1 6%
Totals $2,249 $2,428 $2,844 $416 17%
Funding          
General Fund $1,185 $1,336 $1,757 $422 32%
Federal TANF 1,043 1,066 1,060 -6 -1
Other federal funds and reimbursements 16 21 21 d 1
College Access Tax Credit Fund 5 6 6
           
a One time.
The 2019-20 budget also provides $25 million to the Scholarshare Investment Board for the California Kids Investment and Development Savings Program. 
c Consists of $8 million ongoing and $10 million one time.
d Less than $500,000 or 0.5 percent.
e Includes Assumption Program of Loans for Education, California Military Department GI Bill Awards, Cash for College, Child Development Teacher/Supervisor Grants, Every Kid Counts, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, and State Nursing Assumption Program of Loans for Education.
TANF = Temporary Assistance for Needy Families.