May 2022
California Student Aid Commission Spending Proposals Under Governor’s Budget and May Revision
2022-23 (In Millions)
Governor's Budget | May Revision | Change | |
Ongoing Spending | |||
Middle Class Scholarship revamp | $515 | $515 | — |
Cal Grant baseline adjustmentsa | 188 | -141 | -$329 |
New positions | —b | 1 | —b |
Other baseline adjustmentsa | -6 | -6 | —b |
Subtotals | ($697) | ($368) | (-$328) |
One-Time Initiatives | |||
Learning-Aligned Employment program | $300 | $300 | — |
Golden State Teacher Grantsc | 98 | 98 | —b |
Cash for College expansion | 1 | 1 | — |
Subtotals | ($399) | ($399) | —b |
Totals | $1,095 | $767 | -$328 |
a Adjustments are relative to 2021-22 spending as reflected in Governor's January budget. | |||
b Less than $500,000. | |||
c The 2021‑22 Budget Act appropriated $500 million to be spent annually from 2021‑22 through 2025‑26. Amount shown reflects anticipated spending in year two. |