BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1241
                                                                  Page  1


          ASSEMBLY THIRD READING
          AB 1241 (Weber)
          As Amended  May 24, 2013
          Majority vote 

           HIGHER EDUCATION    12-0        APPROPRIATIONS      13-0        
           
           ----------------------------------------------------------------- 
          |Ayes:|Williams, Ch�vez, Bloom,  |Ayes:|Gatto, Bocanegra,         |
          |     |Fong, Fox, Jones-Sawyer,  |     |Bradford,                 |
          |     |Levine, Medina, Olsen,    |     |Ian Calderon, Campos,     |
          |     |Quirk-Silva, Weber, Wilk  |     |Eggman, Gomez, Hall,      |
          |     |                          |     |Ammiano, Linder, Pan,     |
          |     |                          |     |Quirk, Weber              |
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :   Extends the Cal Grant Entitlement program period of  
          eligibility from one to two years, effective January 1, 2015,  
          allowing an applicant for Cal Grant A and B Entitlement Awards  
          to submit a complete financial aid application no later than  
          March 2 of the third academic year after his or her high school  
          graduation.

           EXISTING LAW  :  Provides a variety of student financial aid grant  
          and loan programs, administered by the California Student Aid  
          Commission (CSAC), to provide awards to needy and academically  
          eligible students, including the Cal Grant Entitlement Programs  
          for California residents who graduated from high school within  
          one year.    

           FISCAL EFFECT  :   According to the Assembly Appropriations  
          Committee, General Fund (GF) costs would depend on the numbers  
          of these students accepting awards but would range from $65  
          million to $135 million beginning in 2015-16.  This bill may  
          increase access to the Competitive Cal Grant program (for older  
          students not currently eligible for the Entitlement program) as  
          some students receiving these awards would now be eligible for  
          Entitlement awards, freeing up Competitive awards for other  
          students.  (The Competitive program is limited to 22,500 awards  
          annually, however, and receives over 150,000 applications each  
          year.)  The CSAC also anticipates ongoing GF administrative  
          costs of $140,000 for two positions to process additional  
          applications and awards and respond to phone and email  
          inquiries, and one-time information technology costs of  








                                                                  AB 1241
                                                                  Page  2


          $120,000.

           COMMENTS  :   The Cal Grant Entitlement Program guarantees  
          financial aid awards to recent high school graduates and  
          community college transfer students who meet financial,  
          academic, and other eligibility requirements.  Applicants must  
          apply within one year of high school graduation.  The state also  
          provides a relatively small number of competitive Cal Grants to  
          students who do not qualify for entitlement awards, half of  
          which are set aside for community college students; these awards  
          are capped at 22,500, and demand far exceeds supply.  Cal Grants  
          cover full systemwide tuition at the public universities for up  
          to four years and partly contribute to tuition costs at  
          nonpublic institutions.  About 269,000 students received new or  
          renewed Cal Grant awards in 2012-13, totaling about $1.6  
          billion. 

          Pertinent to this bill, Cal Grant programs include the  
          following:

          1)Cal Grant A high school entitlement award provides tuition fee  
            funding for the equivalent of four full-time years at  
            qualifying postsecondary institutions to eligible lower and  
            middle income high school graduates who have at least a 3.0  
            grade point average (GPA) on a four-point scale and apply  
            within one year of graduation.

          2)Cal Grant B high school entitlement award provides funds to  
            eligible low-income high school graduates who have at least a  
            2.0 GPA on a four-point scale and apply within one year of  
            graduation.  The award provides up to $1,473 for book and  
            living expenses for the first year and each year following for  
            up to four years (or equivalent for four full time years).   
            After the first year, the award also provides tuition fee  
            funding at qualifying postsecondary institutions. 

          The maximum tuition awards for Cal Grant A and B are equal to  
          the mandatory systemwide tuition fees at the University of  
          California ($12,192) and the California State University  
          ($5,472), and $9,223 at private for-profit and independent  
          non-profit institutions (until 2013-14 when these award amounts  
          will be reduced per the Budget Act of 2012). 

          Recent budget actions.  As a result of recent budget deficits  








                                                                  AB 1241
                                                                  Page  3


          and growing costs to the program, several changes to the Cal  
          Grant program over recent years reduced eligibility and  
          benefits, including annual student needs assessments to maintain  
          eligibility, a reduction in the Cal Grant B stipend amount,  
          institutional graduation and student loan default rate  
          thresholds for program eligibility, and a reduction in the award  
          amount for students attending private institutions.  These cuts,  
          combined with actions taken in the 2011-12 Budget Act, impacted  
          more than 170,000 students and reduced the Cal Grant program by  
          at least $194.5 million.  Several measures have been introduced  
          to restore these cuts and/or expand access to the Cal Grant  
          program.

           
          Analysis Prepared by  :    Jeanice Warden / HIGHER ED. / (916)  
          319-3960 


                                                                FN: 0000929