Changes in California Student Aid Commission General Fund Spending [EdBudget]

January 2024

Changes in California Student Aid Commission General Fund Spending

Reflects Governor's Budget Proposals, 2024-25 (In Millions)

2023-24 Revised Spending	$3,055
Ongoing Spending
Cal Grant baseline adjustments	$148
Middle Class Scholarship baseline adjustment	16
Employee compensation adjustments	—^a
Subtotal	($164)
One-Time Initiatives
Golden State Teacher Grants	$128^b
Subtotal	($128)
Remove 2023-24 one-time funding	-$401
Total	-$108
2024-25 Proposed Spending	$2,947
^a Less than $500,000.
^b The 2021‑22 Budget Act appropriated $500 million General Fund to be spent annually from 2021‑22 through 2025‑26. Amount shown reflects anticipated General Fund spending in 2024-25. The Governor's budget also includes $6 million in reimbursement authority for the program in 2024-25.