ERIC Number: ED483680
Record Type: Non-Journal
Publication Date: 2004-Dec
Student Financial Aid in California Postsecondary Education. Commission Fact Sheet 04-03
California Postsecondary Education Commission
This fact sheet discusses student financial aid in California postsecondary education. It indicates California student financial aid is increasing significantly: (1) in 2002-03, California students received over $8 billion in financial aid; (2) financial aid funding increased by over 30%, from $5.9 billion in 1998-99 to $8.1 billion in 2002-03; (3) over half of all financial aid comes from the federal government in the form of loans; (4) the Cal Grant Program accounts for about 7% of total funding; and (5) institutional support totals almost three times the level of funding for the Cal Grant Program.
Descriptors: Financial Support, Postsecondary Education, Grants, State Aid, Federal Aid, Student Financial Aid, Student Loan Programs
California Postsecondary Education Commission, 1303 J Street, Suite 500, Sacramento, CA 95814-2938. Tel: 916-322-9268; Web site: http://www.cpec.ca.gov.
Publication Type: Information Analyses
Education Level: Higher Education
Authoring Institution: California State Postsecondary Education Commission, Sacramento.