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7980 Student Aid Commission
Major Program Changes
- The Budget proposes $111.5 million in reductions by setting the Cal Grant award amount for independent school students at the CSU award amount.
- The Budget proposes $59.1 million in reductions by setting the award amount for private, for-profit school students at $4,000.
- The Budget proposes $131.2 million in reductions by raising the minimum grade point average requirement for all Cal Grant applicants.
- The Budget proposes $6.6 million in reductions by eliminating new loan assumption warrants for teachers and nurses.
- The Budget proposes to shift $736.4 million of Cal Grant Program costs from the General Fund to federal Temporary Assistance for Needy Families Program funds available from the Department of Social Services.
- The Budget proposes to shift $30 million of Cal Grant Program costs from the General Fund to the Student Loan Operating Fund.
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