January 2018

Financial Aid

California Student Aid Commission Budget

(Dollars in Millions)

   2016-17 Revised 2017-18 Revised 2018-19 Proposed Change From 2017-18
Amount Percent
Local Assistance          
Cal Grants $1,948 $2,090 $2,162 $71 3.4%
Middle Class Scholarships 74 100 102 2 2.2
Assumption Program of Loans for Education 10 7 7 -1 -6.8
Chafee Foster Youth Program 13 14 15 a 2.0
Student Opportunity and Access Program 8 8 8 a 2.3
National Guard Education Assistance Awards 2 2 2
Other programsb 1 1 1 a -26
Subtotals ($2,056) ($2,223) ($2,297) ($73) (3.3%)
State Operations $16 $16 $22 $7 44%
Totals $2,072 $2,239 $2,319 $80 3.6%
Funding          
State General Fund $1,126c $1,172c $1,201 $28 2.4%
Federal TANF 926 1,043 1,095 52 5.0
Other federal funds and reimbursements 17 18 18 a 0.2
College Access Tax Credit Fund 4 6 6 a 1.5
a Less than $500,000.
b Includes Cash for College, Child Development Teacher/Supervisor Grants, Graduate Assumption Program of Loans for Education, John R. Justice Program, Law Enforcement Personnel Dependents Scholarships, and State Nursing Assumption Program of Loans for Education for Nursing Faculty.
c Reflects correction to remove double-counting of College Access Tax Credit funding.
TANF = Temporary Assistance for Needy Families.