Prepared as testimony to the California Assembly Special Committee on Community Colleges, this report provides information on community college student income levels, financial aid, and estimates of unmet financial need and ensuing consequences for students and the colleges. First, questions raised by the committee regarding family income levels are addressed, indicating that the community colleges serve, proportionately, 96% more students from low-income families than does the University of California, and 55% more than the California State University system serves; and that two-thirds of the families of dependent children attending community colleges fell below the median family income. Next, information is provided on financial aid in the community colleges. The following section discusses unmet financial need among community college students, estimating that there is between $88 million and $183 million in explicit unmet need (i.e., the dollars needed over and above the aid received) and between $117 million and $204 million in implicit unmet need (i.e., the dollars needed by students who do not receive aid). Finally, possible consequences of unmet need are discussed; e.g., students taking fewer units, spending more time working, adopting shorter-range goals, getting lower grades, taking longer to complete programs, and having more interruptions in college attendance. Tables provide statistics on student income levels, financial aid, and need estimates. (HB)