May 2023
Financial Aid
May Revision Adjustments to Cal Grant Spending by Segment
(Dollars in Millions)
| Governor's Budget | May Revision | Change | ||
| Amount | Percent | |||
| 2022-23a | ||||
| UC | $986 | $986 | —b | —b |
| CSU | 764 | 778 | 14 | 2 |
| CCC | 255 | 239 | -15 | -6 |
| Private nonprofit | 235 | 235 | —b | —b |
| Private for-profit | 29 | 30 | 1 | 4 |
| Other public | —b | —b | —b | -21 |
| Totals | $2,268 | $2,267 | -$1 | —b |
| 2023-24a | ||||
| UC | $1,023 | $1,040 | $17 | 2% |
| CSU | 713 | 752 | 39 | 5 |
| CCC | 269 | 258 | -12 | -4 |
| Private nonprofit | 226 | 231 | 4 | 2 |
| Private for-profit | 27 | 29 | 2 | 7 |
| Other public | —b | —b | —b | -22 |
| Totals | $2,259 | $2,310 | $51 | 2% |
| a Excludes College Access Tax Credit. | ||||
| b Less than $500,000 or 0.5 percent. | ||||