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Sen. Padilla’s bill would index Cal Grant B access award to CPI to preserve purchasing power
Summary
SB 1006 would set the Cal Grant B access award at a new minimum and require annual increases tied to the California Consumer Price Index; sponsors said the change would benefit more than 300,000 students and cost roughly $21 million in year one (informal estimate).
Sen. Padilla presented SB 1006 to index the Cal Grant B access award to the California Consumer Price Index so that the award—which helps low‑income students pay for non‑tuition expenses—keeps pace with inflation. Padilla said the maximum Cal Grant B access award has remained fixed at $1,648 per year despite rising non‑tuition costs.
Laura Zabelkiewicz, senior…
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