BILL ANALYSIS                                                                                                                                                                                                    �



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          ASSEMBLY THIRD READING
          AB 1364 (Ting)
          As Amended  May 24, 2013
          Majority vote 

           HIGHER EDUCATION    9-3         APPROPRIATIONS      12-0        
           
           ----------------------------------------------------------------- 
          |Ayes:|Williams, Bloom, Fong,    |Ayes:|Gatto, Bocanegra,         |
          |     |Fox,                      |     |Bradford,                 |
          |     |Jones-Sawyer, Levine,     |     |Ian Calderon, Campos,     |
          |     |Medina, Quirk-Silva,      |     |Eggman, Gomez, Hall,      |
          |     |Weber                     |     |Ammiano, Pan, Quirk,      |
          |     |                          |     |Weber                     |
           ----------------------------------------------------------------- 
           -------------------------------- 
          |Nays:|Waldron, Olsen, Wilk      |
          |     |                          |
           -------------------------------- 
           SUMMARY  :  Reverses a budget-related 5% reduction (from $1,551 to  
          $1,473) to the Cal Grant B access award-resulting from a  
          Governor's veto-and instead increases this stipend to $1,710  
          (the most recent estimated average cost of books and supplies)  
          and requires adjustment of the stipend annually thereafter based  
          on changes in the California Consumer Price Index for All Urban  
          Consumers (CPI-U), as specified.  Specifically,  this bill  :  

          1)Increases the Cal Grant B access award amount to $1,710.

          2)Annually adjusts the minimum amount of the Cal Grant B access  
            award to include the percentage increase in the CPI-U, as  
            determined by the Department of Industrial Relations,  
            commencing with the 2014-15 academic year.

          3)Specifies that no later than January 15, 2014, for the 2014-15  
            academic year, no later than September 1, 2014, for the  
            2015-16 academic year, and no later than September 1 of the  
            year prior to each academic year thereafter, the commission  
            (or a qualifying institution) shall calculate and certify the  
            percentage change using the data from the two most recent June  
            indices.

          4)Specifies that in the event that the CPI-U decreases from the  
            prior academic year, the award amount shall remain at its most  








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            recently certified level. 

           EXISTING LAW  : Defines "access costs" in the Cal Grant B Program  
          to include books, supplies, living expenses and transportation  
          and provides that the maximum grant for such costs shall be in  
          an annual amount not to exceed $1,551.  Statute provides this  
          amount may be adjusted in the annual Budget Act. 

           FISCAL EFFECT  :   According to the Assembly Appropriations  
          Committee, General Fund costs of about $37 million in 2014-15,  
          with similar ongoing costs that will depend on changes in the  
          number of Cal Grant B recipients and the annual inflation  
          adjustment.

           COMMENTS  :   The Cal Grant B program began as the "College  
          Opportunity Grant" (COG) in the late 1960s.  At that time  
          policymakers acknowledged that the lowest income students needed  
          assistance with other college costs, such as living expenses,  
          textbooks, and supplies.  In 1969-70, the first stipend was set  
          at $900.  The stipend was approximately 20% of the indirect  
          costs in 1989-90, as determined by the California Student Aid  
          Commission (CSAC).  Since that time it has declined in relative  
          terms each year; last year the Governor used his veto authority  
          to reduce the access award by 5% to $1,473.  The most recent  
          estimated average cost of books and supplies is $1,710.  

          As a result of recent budget deficits 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.  Combined with actions taken in the 2011-12 Budget  
          Act, these cuts affected more than 170,000 students and reduced  
          the Cal Grant program by almost $200 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 










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