Student financial aid: Cal Grant Program: cost of attendance.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Appropriations
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill requires colleges and universities in California to develop and implement a cost of attendance (COA) policy and adjustment process that aligns with federal standards. Specifically, it mandates that institutions estimate and adjust COA information to accurately reflect a student's expenses, considering factors like housing, food, transportation, and books. The goal is to ensure that students receive financial aid amounts that truly cover their educational costs and avoid needing to supplement with personal funds or loans.
Key provisions
- Institutions must develop and implement a COA policy and adjustment process.
- COA adjustments must align with federal standards.
- COA policies must include allowances for housing, food, transportation, books, and other expenses.
- Institutions must prominently display COA data and assumptions on their websites.
- Institutions must consider adjustments for specific circumstances like disability expenses or dependent care.
- Institutions must comply with federal ‘satisfactory academic progress’ standards.
- Institutions must establish a process for students to request COA adjustments.
- Institutions must provide a second review process for denied adjustment requests.
Who is affected
- Students receiving Cal Grants
- California colleges and universities
- The Student Aid Commission
- Financial aid administrators
Bill text
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Sponsors
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1 on record
Primary sponsor
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