May 2025

Financial Aid

CSAC Spending Up Total of $409 Million Compared to Governor's Budget

(In Millions)

  2023-24 2024-25 2025-26
Governor's Budget      
Cal Grants $2,295 $2,453 $2,562
Middle Class Scholarships 803 925 527
California College of the Arts 3 20
All other programs 228 154 88
Totals $3,326 $3,535 $3,198
May Revision      
Cal Grants $2,295 $2,548 $2,791
Middle Class Scholarships 803 1,002 513
California College of the Arts 3 20
All other programs 243 147 104
Totals $3,341 $3,699 $3,428
Change From Governor's Budget      
Cal Grants $— $95 $229
Middle Class Scholarship 77 -14
California College of the Arts 0
All other programs 14 -8 15
Totals $14 $164 $230
CSAC = California Student Aid Commission.