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7980 Student Aid Commission
Major Program Changes
- The Budget proposes an increase of $26.7 million over the revised 2007-08 level for anticipated growth in the Cal Grant Program. The Budget also includes an increase of $80 million to the Cal Grant Program as a placeholder for potential fee increases by the University of California and the California State University systems.
- The Budget proposes a $57.4 million reduction by eliminating new awards for the Competitive component of the Cal Grant Program.
- The Budget proposes a net state operations increase of $981,000 due to the anticipated sale of EdFund that results in additional workload for the Commission.
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