BILL ANALYSIS Ó SENATE COMMITTEE ON APPROPRIATIONS Senator Ricardo Lara, Chair 2015 - 2016 Regular Session AB 1449 (Lopez) - Student financial aid: California Community College Transfer Cal Grant Entitlement Program ----------------------------------------------------------------- | | | | | | ----------------------------------------------------------------- |--------------------------------+--------------------------------| | | | |Version: June 20, 2016 |Policy Vote: ED. 9 - 0 | | | | |--------------------------------+--------------------------------| | | | |Urgency: No |Mandate: No | | | | |--------------------------------+--------------------------------| | | | |Hearing Date: August 11, 2016 |Consultant: Jillian Kissee | | | | ----------------------------------------------------------------- *********** ANALYSIS ADDENDUM - SUSPENSE FILE *********** The following information is revised to reflect amendments adopted by the committee on August 11, 2016 Bill Summary: This bill exempts a student from the high school graduation requirement of the California Community College (CCC) Transfer Cal Grant Entitlement Program, if the student was a California resident on his or her 18th birthday. Fiscal Impact: According to the California Student Aid Commission (Commission) costs are about $1.4 million in the first year, growing to $2.5 million General Fund by full implementation (the fourth year) and out years, to provide a CCC Transfer Cal AB 1449 (Lopez) Page 1 of ? Grant Entitlement to students that would have otherwise been denied due to not fulfilling the high school graduation requirement. This estimate assumes 177 new recipients would be paid each year. Estimated one-time administrative costs of $183,000 General Fund to contract out to update applicable recipient forms and to update the grant delivery system to accommodate this change. Author Amendments: Delays implementation to the 2017-18 academic year. -- END --