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January 2018
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. |
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TANF = Temporary Assistance for Needy Families. |