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Governor’s budget assumes $2.6 billion for Cal Grant; LAO and segments flag uncertainties and data limits
Summary
The Department of Finance and Legislative Analyst Office briefed the subcommittee on Cal Grant and system institutional aid projections, noting the governor’s budget assumes $2.6 billion for Cal Grant and a $3.1 billion total aid package and that CSAC and segments face data limitations affecting projections and reform planning.
The subcommittee received an update on Cal Grant and broader state financial aid assumptions in the governor’s proposed budget and from nonpartisan analysts.
Amin Singh of the Department of Finance told the panel the governor’s budget assumes roughly $3.1 billion in total financial aid spending for 2025–26, of which $2.6 billion is allocated to Cal Grant. Finance also listed $527.2 million for the Middle Class Scholarship in the proposal and $50 million one‑time for the Golden State Teacher Grant program.
Natalie Gonzales of the Legislative Analyst’s Office said the budget increases Cal Grant spending by about $109 million…
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