Loading chat...
CA AB3240
Bill
Status
Passed
9/28/2024
Primary Sponsor
Lisa Calderon
Click for details
AI Summary
- Extends scholarship displacement protections to students eligible for Cal Grant awards, effective July 1, 2025
- Prohibits institutions of higher education from reducing institutional gift aid offers due to private scholarship awards unless total gift aid exceeds the student's annual cost of attendance
- Prevents institutions from considering receipt or anticipated receipt of private scholarships when determining qualification for institutional gift aid
- Limits any reduction in institutional gift aid to only the amount by which gift aid exceeds the student's annual cost of attendance
- Repeals the previous version of Section 70048 (covering Pell Grant and California Dream Act recipients) on January 1, 2026, replacing it with the new section that includes Cal Grant recipients
Legislative Description
California Ban on Scholarship Displacement Act of 2021: Cal Grant awards.
Last Action
Chaptered by Secretary of State - Chapter 851, Statutes of 2024.
9/28/2024
Committee Referrals
Appropriations6/26/2024
Education5/29/2024
Rules5/16/2024
Appropriations4/24/2024
Higher Education3/11/2024
Full Bill Text
No bill text available