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Tuesday, December 24, 2019

Comparative Costs

...Historically, the UC and CSU received the majority of their funding from the state’s General Fund. However, years of budget cuts have shifted the cost of public higher education from the state to the student, as universities raised tuition and fees to make up for lost revenues. While the increased price tag is alarming, California’s state financial aid program is tied primarily to tuition costs, so many low- and middle-income students have not felt the financial burden of rising tuition. The Cal Grant A and B tuition and fee award cover up to $5,742 at CSU and $12,570 at UC. In addition, the CSU and UC have their own institutional need-based grants that help cover tuition and fees...

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