May 2026

Financial Aid

May Revision Has Cal Grant Spending Slightly Higher in 2025-26, Slightly Lower in 2026-27

(In Millions)

  2025-26 2026-27
Governor's Budget May
Revision
  Governor's Budget May
Revision
Total Spending $2,898 $2,903   $3,235 $3,204
By Segment:          
California Community Colleges $1,232 $1,216   $1,365 $1,337
California State University 1,026 1,022   1,188 1,165
University of California 362 382   388 405
Private nonprofit institutions 247 247   261 258
Private for-profit institutions 30 36   33 39
Other public institutions 1 a   a a
By Program:          
High School Entitlement $2,044 $2,040   $2,317 $2,263
CCC Expanded Entitlement 515 523   562 583
Competitive 150 151   155 158
Transfer Entitlement 167 166   180 176
Cal Grant C 21 23   22 24
By Award Type:          
Cal Grant B $1,379 $1,406   $1,558 $1,558
Cal Grant A 1,498 1,473   1,656 1,622
Cal Grant C 21 23   22 24
By Renewal or New:          
Renewal $1,940 $1,961   $2,219 $2,206
New 958 942   1,016 998
Data reflect California Student Aid Commission (CSAC) estimates. 
a Less than $500,000.