January 2024
Financial Aid
California Student Aid Commission Budget
(Dollars in Millions)
| 2022-23 Actual | 2023-24 Revised | 2024-25 Proposed | Change From 2023-24 | ||
| Amount | Percent | ||||
| Spending | |||||
| Local assistance | |||||
| Cal Grants | $2,211 | $2,393 | $2,541 | $148 | 6.2% |
| Middle Class Scholarships | 568 | 847a | 636 | -211 | -25 |
| Learning-Aligned Employment Programb | 300 | — | — | — | — |
| Golden State Teacher Grantsb | 137 | 177 | 134 | -43 | -24 |
| Other programs | 56 | 38 | 39 | 1 | 1.6 |
| Subtotals | ($3,272) | ($3,456) | ($3,351) | (-$105) | -3.0% |
| State operations | $28 | $26 | $24 | -$3 | -10% |
| Totals | $3,300 | $3,482 | $3,374 | -$108 | -3.1% |
| Funding | |||||
| General Fund | $2,881 | $3,055 | $2,947 | -$108 | -3.5% |
| Ongoing | (2,416) | (2,655) | (2,819) | (164) | (6.2) |
| One-time | (464) | (401) | (128) | (-272) | (-68) |
| Federal TANF | 400 | 400 | 400 | — | — |
| Other funds and reimbursements | 19 | 27 | 28 | 1 | 2.3 |
| a Includes $227 million in one-time funds. | |||||
| b One-time initiatives. | |||||
| TANF = Temporary Assistance for Needy Families. | |||||