Student financial aid: Cal Grants: qualifying institutions: financial aid offer letter template.
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Majority
Fiscal committee
No
Appropriation
No
Current location
Appropriations
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill directs the Student Aid Commission to develop a standard template for financial aid offer letters sent by California colleges and universities to prospective students. The commission will convene a workgroup including representatives from various educational segments, student organizations, and experts to identify common terms and structure. By the 2028-29 academic year, all qualifying institutions will be required to use this template for conditional offers of attendance. The bill also makes minor changes to existing provisions regarding student loan defaults and grant repayment.
Key provisions
- Requires the Student Aid Commission to create a financial aid offer letter template.
- Establishes a workgroup to develop the template, including representatives from various educational segments and student organizations.
- Mandates the use of the template for all conditional offers of attendance by qualifying institutions starting in the 2028-29 academic year.
- Requires the commission to submit a report to the Legislature including the template by July 1, 2027.
- Amends existing law regarding student loan defaults and grant repayment requirements.
- Sets a deadline of April 1, 2026, for the commission to convene the workgroup.
Who is affected
- Students applying for financial aid
- California colleges and universities
- The Student Aid Commission
- California Community Colleges
- University of California System
Bill text
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