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Publication Summary

Report FS/04-3: Student Financial Aid in California Postsecondary Education

Published by The California Postsecondary Education Commission

December 2004

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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

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