California Postsecondary Education Commission

Publication Summary

California student financial aid is increasing significantly:

In 2002-03, California students re-ceived over $8 billion in financial aid;
Financial aid funding increased by over 30%, from $5.9 billion in 1998-99 to $8.1 billion in 2002-03;
Over half of all financial aid comes from the federal government in the form of loans;
The Cal Grant Program accounts for about 7% of total funding;
Institutional support totals almost three times the level of funding for the Cal Grant Program.

Related Topics: Fees, Tuition, Costs and Financial Aid

Further information may be obtained from the Commission's Research Staff
(916) 445-1000 or via e-mail at Research_Staff@cpec.ca.gov.

A copy of any publication may be requested from the Commission's Publications Unit
(916) 445-1000 or via e-mail at Publication_Request@cpec.ca.gov.

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