May 2022

Financial Aid

California Student Aid Commission Total Funding Under Governor's Budget and May Revision

Ongoing Funding (In Millions)

      2022-23
  2021-22 Revised   Governor's Budget May Revision Change
General Fund $2,140   $3,059 $2,730 -$329
Federal TANF 400   400 400
Other funds and reimbursements 27   21 21 a
Totals $2,567   $3,480 $3,151 -$328
Change from prior year          
Amount     $912 $584  
Percent     36% 23%  
a Less Than $500,000
TANF = Temporary Assistance for Needy Families