July 2021
California Student Aid Commission Budget
(Dollars in Millions)
2019-20 Actual |
2020-21 Revised |
2021-22 Enacted |
Change From 2020-21 | ||
Amount | Percent | ||||
Spending | |||||
Local assistance | |||||
Cal Grants | $2,281 | $2,390 | $2,656 | $266 | 11% |
Golden State Teacher Grantsa | — | 15 | 500 | 485 | 3,233 |
Golden State Education and Training Grantsa | — | — | 500 | 500 | — |
Learning-Aligned Employment Programa | — | — | 200 | 200 | — |
Middle Class Scholarships | 117 | 117 | 117 | —b | —b |
Other programsc | 49 | 35 | 29 | -6 | -17 |
Subtotals | ($2,446) | ($2,556) | ($4,001) | ($1,445) | (57%) |
State operations | $24 | $23 | $20 | -$3 | -13% |
Totals | $2,471 | $2,579 | $4,021 | $1,442 | 56% |
Funding | |||||
General Fund | $1,386 | $2,136 | $3,128 | $992 | 46% |
Federal American Rescue Plan | — | — | 473 | 473 | — |
Federal TANF | 1,060 | 400 | 400 | — | — |
College Access Tax Credit Fund | 4 | 2 | —b | -1 | -72 |
Other funds and reimbursements | 21 | 42 | 21 | -21 | -50 |
a One-time initiatives. | |||||
b Less than $500,000 or 0.5%. | |||||
c Includes Assumption Program of Loans for Education, California Military Department GI Bill Awards, Cash for College, Chafee Foster Youth Program, Child Savings Account Grant Program, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, State Nursing Assumption Program of Loans for Education, and Student Opportunity and Access Program. | |||||
TANF = Temporary Assistance for Needy Families. |