Financial Aid Finally Reaches Community College Students

California college students are finally finding financial relief as a result of the Oct. 8 signing of the Budget Act, which authorized the release of more than $1.2 billion in Cal Grant funds. 

This is particularly important to African-American students who receive more than $140 million in financial aid annually at the community college level.

One month ago, a budgetary stalemate left more than 60 percent of community college Cal Grant recipients, or roughly 41,000 students, without funding for the Fall 2010 semester. 

The signing of the Budget Act provides some financial relief to the 112 California community colleges that, as a result of current state budget delays, have been forced to cut course selection options, limit enrollment and borrow money at a system-wide cost estimated in excess of $5 million.