AB 1224: Postsecondary education: Cal Grant awards.
- Session Year: 2015-2016
- House: Assembly
- Latest Version Date: 2015-02-27
The Cal Grant Program establishes the Cal Grant A and B Entitlement awards, the California Community College Transfer Entitlement awards, the Competitive Cal Grant A and B awards, the Cal Grant C award, and the Cal Grant T award under the administration of the Student Aid Commission, and establishes eligibility requirements for awards under these programs for participating students attending qualifying institutions.
This bill would require, for the 201617 academic year, and every year thereafter, the commission to cap individual Cal Grant A and B Entitlement awards, California Community College Transfer Entitlement awards, and Competitive Cal Grant A and B awards at a specified amount, and would authorize the commission to annually adjust that amount to reflect changes in the Consumer Price Index, as calculated by the United States Bureau of Labor Statistics.
(a)For the 201617 academic year, and every academic year thereafter, the commission shall cap each Cal Grant recipients award under the Cal Grant A Entitlement Program pursuant to Article 2 (commencing with Section 69434), the Cal Grant B Entitlement Program pursuant to Article 3 (commencing with Section 69435), the California Community College Transfer Cal Grant Entitlement Program pursuant to Article 4 (commencing with Section 69436), and Competitive Cal Grant A and B awards pursuant to Article 5 (commencing with Section 69437) at an amount not to exceed the lesser of the following:
(1)The total cost of the recipients tuition at a qualified institution.
(2)Ten thousand dollars ($10,000).
(b)The California Student Aid Commission may annually adjust the amount determined pursuant to subdivision (a) to reflect changes in the Consumer Price Index, as calculated by the United States Bureau of Labor Statistics.
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Date
|
Status
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|---|---|
| Feb 27, 2015 | Introduced. To print. |
| Mar 1, 2015 | From printer. May be heard in committee March 31. |
| Mar 2, 2015 | Read first time. |
| Mar 23, 2015 | Referred to Com. on HIGHER ED. |
| Jan 31, 2016 | Died pursuant to Article IV, Sec. 10(c) of the Constitution. |
| Feb 1, 2016 | From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. |
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