BILL ANALYSIS Ó SENATE COMMITTEE ON APPROPRIATIONS Senator Ricardo Lara, Chair 2015 - 2016 Regular Session AB 2506 (Thurmond) - Student financial aid: Chafee grant awards ----------------------------------------------------------------- | | | | | | ----------------------------------------------------------------- |--------------------------------+--------------------------------| | | | |Version: June 29, 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 requires postsecondary education institutions to meet eligibility requirements to receive Chafee funds, similar to existing provisions of the Cal Grant program. Fiscal Impact: The California Student Aid Commission (Commission) indicates that verifying institutions' eligibility for the use of Chafee grant awards by its students would impose minor and absorbable costs to the Commission. AB 2506 (Thurmond) Page 1 of ? Author Amendments: Deletes the requirement that an eligible current or former foster youth is entitled to receive a Chafee grant award. Deletes the exemption of the institutional eligibility standards from applying to out of state institutions where an eligible Chafee grant recipient is attending. Deletes the requirement that the Commission provide Chafee grant recipients seeking to attend, or attending, an ineligible institution based on standards established by this bill, with a complete list of all California postsecondary institutions at which the student would be eligible to receive an award. Committee Amendments: Makes conforming changes to Legislature findings and declarations regarding the removal of the entitlement. -- END --