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Cal Grant and Middle Class Scholarship caseload increases create current‑year shortfalls, Student Aid Commission says
Summary
The California Student Aid Commission told lawmakers the May Revision reflects substantially higher Cal Grant and Middle Class Scholarship caseloads, creating combined current‑year shortfalls the administration proposes to augment so award obligations are met.
The Senate Budget Subcommittee heard that updated caseload and application data produced significantly higher projected costs for the state’s largest financial aid programs.
Aman (Amrit) Singh of the Department of Finance said the May Revision reflects updated caseloads provided by the California Student Aid Commission. The administration proposes increasing the current‑year appropriation to meet Cal Grant and Middle Class Scholarship award obligations after the commission reported sharply higher demand:…
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