January 2021
California Student Aid Commission Budget
(Dollars in Millions)
2019-20 Actual |
2020-21 Revised |
2021-22 Proposed |
Change From 2020-21 | ||
Amount | Percent | ||||
Spending | |||||
Local assistance | |||||
Cal Grants | $2,282 | $2,483 | $2,561 | $79 | 3.2% |
Middle Class Scholarships | 117 | 117 | 117 | —a | —a |
Golden State Teacher Grants | — | 15 | 100 | 85 | 567 |
Student Opportunity and Access Program | 18 | 8 | 8 | — | — |
Emergency aid for undocumented studentsb | — | 15 | — | -15 | -100 |
Child Savings Account Grantsc | 10 | — | — | — | — |
Other programsd | 21 | 21 | 21 | —a | —a |
Subtotals | ($2,448) | ($2,658) | ($2,807) | ($149) | (5.6%) |
State operations | 27 | 23 | 20 | -3 | -13% |
Totals | $2,474 | $2,681 | $2,827 | $146 | 5.4% |
Funding | |||||
General Fund | $1,388 | $2,244 | $2,406 | $161 | 7.2% |
Federal TANF | 1,060 | 400 | 400 | — | — |
College Access Tax Credit Fund | 6 | 1 | —a | —a | -52 |
Other funds and reimbursements | 21 | 36 | 21 | -15 | -42 |
a Less than $500,000 or 0.05%. | |||||
b Supported by unspent 2019-20 and 2020-21 funds redirected from California Dreamer Service Incentive Grants. | |||||
c The 2019-20 Budget Act also provided $25 million one time to the Scholarshare Investment Board for the California Kids Investment and Development Savings Program. | |||||
d Includes Assumption Program of Loans for Education, California Military Department GI Bill Awards, Cash for College, Chafee Foster Youth Program, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, and State Nursing Assumption Program of Loans for Education For Nursing Faculty. | |||||
TANF = Temporary Assistance for Needy Families. |