Plain English Breakdown
The official source does not specify how much funding will be available in the College Access for All Fund.
College Access for All Fund
This law creates the College Access for All Fund in the state's treasury to help make college more affordable at UC and CSU by reducing tuition or helping pay back loans.
What This Bill Does
- Creates a new fund called the College Access for All Fund in the State Treasury.
- Uses this fund to give money to UC and CSU to lower costs for undergraduate students, either through tuition reductions or loan repayment programs.
Who It Names or Affects
- Students attending UC and CSU
- The University of California and California State University
Terms To Know
- undergraduate attendance
- Going to college for the first time, usually before getting a bachelor's degree.
- tuition reductions
- Lowering how much students have to pay to go to school.
Limits and Unknowns
- The exact details of how UC and CSU will use the fund are not decided yet.
- It is unclear how much money will be in the College Access for All Fund.