SB 15: Postsecondary education: financial aid: Graduation Incentive Grant program.

Session Year: 2015-2016
House: Senate

Version:

The

(1)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 awards, and the Cal Grant T awards under the administration of the Student Aid Commission, and establishes eligibility requirements for awards under these programs for participating students attending qualifying institutions. Existing law establishes the total number of Competitive Cal Grant A and B awards granted annually at 22,500 and the maximum tuition award amount for each Cal Grant A and B award for new students attending private nonprofit postsecondary educational institution at $9,084 for the 201415 award year and $8,056 for the 201516 award year and each award year thereafter.

This bill would increase the total number of Competitive Cal Grant A and B awards granted annually to 30,000 and would increase the maximum tuition award amount for Cal Grant A and B for students at private nonprofit postsecondary schools educational institutions to $9,084 for the 201516 award year and each award year thereafter.

(2)Existing law establishes the California State University, under the administration of the Trustees of the California State University, and the University of California, under the administration of the Regents of the University of California, as 2 of the segments of public postsecondary education in this state.

This bill would establish, commencing with the 201516 academic year, the Competitive Graduation Incentive Grant Award program to provide eligible matriculating undergraduate students of California State University with financial need attending a campus of the California State University with additional financial aid over a 3-year period, for up to 3 college years, as specified. The bill would specify the eligibility criteria and the award amounts of the Graduation Incentive Grant program. The bill would require the California State University to make an annual report, containing specified data about the program, to the Legislature. The program would only be operative in a fiscal year if the Trustees of the California State University determine that sufficient funding has been provided for purposes of the program for that fiscal year in the annual Budget Act or another statute.

The bill would express the intent of the Legislature to appropriate funds, for the 201516 fiscal year, to the University of California to eliminate a specified tuition increase and to appropriate funds to both the University of California and the California State University to provide additional course offerings and support services for students.

Discussed in Hearing