AB 2506: Student financial aid: Chafee grant awards.

Existing law establishes the Student Aid Commission as the state agency primarily responsible for the administration and coordination of student financial aid programs at California postsecondary educational institutions. Existing federal law establishes the Chafee Educational and Training Voucher program for the purposes of providing financial aid to current and former foster youth who are attending qualifying postsecondary educational institutions.

This bill, commencing with the 201718 academic year, would make a new Chafee grant award to a student only if the student attends a qualifying institution that is eligible for participation in the Cal Grant Program pursuant to a specified provision of the Cal Grant Program enabling act or if the student attends an institution that is not located in California that satisfies a specified provision of the Cal Grant Program enabling act.