BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                            Senator Kevin de Le�n, Chair


          AB 1285 (Fong) - Cal Grant B Entitlement Awards
          
          Amended: June 25, 2014          Policy Vote: Education 6-1
          Urgency: No                     Mandate: No
          Hearing Date: August 4, 2014                                 
          Consultant: Jacqueline Wong-Hernandez                       
          
          This bill meets the criteria for referral to the Suspense File. 
          
          Bill Summary: This bill would delete the 2% limit for receipt of  
          payments for tuition and/or fees for new Cal Grant B Entitlement  
          award recipients in their first academic year of attendance, and  
          instead provides that, for the 2015-16, 2016-17, and 2017-18  
          academic years, respectively, 25%, 50%, and 75% of the Cal Grant  
          B recipients would be eligible for payments for tuition and/or  
          fees in their first academic year of attendance. In 2018-19, and  
          each academic year thereafter, all new Cal Grant B recipients  
          enrolling for the first time in an institution of postsecondary  
          education would be eligible for payments for tuition and/or  
          fees. The bill also provides that a student who receives a Cal  
          Grant B that includes tuition costs in the first year shall have  
          an amount of institutional aid the student receives that is  
          equal to that award used to offset the highest interest rate  
          loans extended to the student as part of his or her financial  
          aid award, as specified. 

          Fiscal Impact: 
              Cal Grant B: Increased award costs of approximately $35.5  
              million in 2015-16; $38.6 million in 2016-17; $38.7 million  
              in 2017-18; $38.8 million in 2018-19, and annually  
              thereafter (General Fund).
              Institutional aid: Potentially substantial costs to the  
              University of California (UC) and California State  
              University (CSU) to provide increased institutional aid for  
              particular students, in order to match the new Cal Grant B  
              tuition and fees assistance award levels, as required by  
              this bill.
              Administration: Significant ongoing workload for the UC and  
              CSU to implement the provisions of this bill ensuring that  










          AB 1285 (Fong)
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              the UC and CSU apply institutional aid to a Cal Grant B  
              recipient's  student loans (or another Cal Grant B award  
              recipient, as specified). See staff comments.

          Background: Existing law authorizes the Cal Grant Program,  
          administered by the California Student Aid Commission (CSAC), to  
          provide grants to financially needy students to attend college.  
          The Cal Grant programs include both the entitlement and the  
          competitive Cal Grant awards. The program consists of the Cal  
          Grant A, Cal Grant B, and Cal Grant C programs, and eligibility  
          is based upon financial need, grade point average, California  
          residency, and other eligibility criteria, as specified.
          (Education Code 69430-69433.9)

          The Cal Grant B Program 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 $1,551 for books and living expenses for  
          the first year and each year following for up to four years (or  
          equivalent of four full-time years).  After the first year, the  
          award also provides tuition fee funding at qualifying  
          postsecondary institutions. Currently, up to 2% of new Cal Grant  
          B recipients can be eligible for payment of tuition or fees or  
          both in their first academic year of attendance. (Education Code  
          � 69435.3)

          Existing law provides that the Cal Grant B award amount cannot  
          exceed $1,551, but provides that this amount may be adjusted in  
          the annual Budget Act. (EC � 69435) 

          "Access costs," for purposes of the Cal Grant Program, are  
          defined as living expenses and expenses for transportation,  
          supplies, and books. (EC � 69432.5)

          Proposed Law: This bill deletes the 2% cap on the number of new  
          Cal Grant B recipients who are required to be eligible for the  
          payment of tuition or fees or both in their first academic year  
          of attendance. This bill also establishes a phased in expansion  
          of eligibility for the payment of tuition or fees or both in  
          their first academic year of attendance for new Cal Grant B  
          recipients as follows:

         1) For the 2015-16 academic year, up to 25% of new Cal Grant B  









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              recipients will be eligible for payment of fees and tuition  
              in their first year of attendance.

         2) For the 2016-17 academic year, up to 50% of new Cal Grant B  
              recipients will be eligible for payment of fees and tuition  
              in their first year of attendance.

         3) For the 2017-18 academic year, up to 75% of new Cal Grant B  
              recipients will be eligible for payment of fees and tuition  
              in their first year of attendance.

         4) For the 2018-19 academic year and every year thereafter, all  
              new Cal Grant B recipients will be eligible for payment of  
              fees and tuition in their first year of attendance.

          This bill also requires that students who receive a Cal Grant B  
          that includes tuition costs in the first year shall have an  
          amount of institutional aid he or she receives that is equal to  
          that award used to offset the highest interest rate loans  
          extended to the student as part of his or her financial aid  
          award. If no such student loans are part of the award, the  
          institution shall use these institutional need-based funds to  
          offset the highest interest rate loan awards for other Cal Grant  
          recipient students.

          Staff Comments: The most substantial cost of this bill is to  
          provide additional award funding to Cal Grant B recipients for  
          the payment of tuition or fees or both in their first academic  
          year of attendance. At full implementation in 2018-19, annual  
          costs will likely be $38.8 million (General Fund). 

          This bill also places new requirements on UC and CSU, in terms  
          of how they calculate and process financial aid awards.  
          Specifically, this bill also requires that students who receive  
          a Cal Grant B that includes tuition costs in the first year also  
          be given institutional aid equal to the amount of the award  
          "used to offset the highest interest rate loans extended to the  
          student as part of his or her financial aid award." Essentially,  
          this bill entitles the same student to get an additional  
          institutional award of equal or greater value than the tuition  
          and fees funding, and presumably the campus would apply that  
          amount of money toward the highest rate interest loan. 










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          For example, if a UC student who is Cal Grant B eligible  
          received an additional $12,192 in tuition assistance for the  
          first year of attendance, the UC would also have to contribute  
          at least $12,192 in institutional aid toward that student's  
          loans. If that student did not have loans, or (more likely) did  
          not have loans of more than $12,192 in his or her first year,  
          the UC would need to apply the full amount or balance of the  
          $12,192 in institutional aid toward the student loans of "other  
          Cal Grant recipient students."

          This requirement would, at a minimum, require substantial  
          upfront work for the UC to develop internal regulations to  
          implement a complicated financial aid dynamic, particularly  
          during the phase-in years in which every Cal Grant B award  
          recipient is not entitled to the additional tuition assistance.  
          The UC would have to produce a preliminary financial aid  
          package, and revise it if the student was one to receive the  
          additional tuition assistance and needed to have loans cancelled  
          or reduced. Then, if there was excess institutional aid "owed",  
          the UC would have to determine which Cal Grant recipients would  
          receive that money applied toward his or her loans; this bill  
          does not specify a priority system for the excess funds, and the  
          bill allows for the money to be applied to any other Cal Grant  
          recipient.

          The UC estimates that it would cost $100,000 per campus,  
          ongoing, to implement this change. The CSU, which has a more  
          automated award system, would incur annual costs of $300,000  
          statewide. Administrative costs could rise for both segments,  
          depending on the prevalence of having to apply one student's  
          excess "owed" institutional aid to other students' financial aid  
          packages.