Great news. For more than a year we have been working to find new ways to make college more affordable. Last year, thanks to students and their families from around the state, the Assembly passed the Middle Class Scholarship Act, which closed a loophole for out of state corporations to help fund college affordability. Unfortunately, the State Senate was unable to come up with the 2/3 vote required to pass the bill.
I'm pleased to announce today that the Middle Class Scholarship is back as part of Assembly Democrats Blueprint for a Responsible Budget.
Our plan dedicates the General Fund portion of revenues from Proposition 39, which voters passed to close the same loophole for out of state corporations, to fund the Middle Class Scholarship and slash fees by 40%.
Under our budget proposal, which can be achieved by a simple majority vote, UC students will see their annual fees drop from $12,200 to $7,300 – a savings of $4,900 per year or nearly $20,000 for a four year education. CSU students will see their annual fees drop from $5,500 to $3,300 – a savings of $2,200 per year or nearly $9,000 for a four year education. The Middle Class Scholarship will be part of an overall budget plan that will include additional Proposition 98 funding for community colleges to improve programs and affordability.
The Governor will announce his annual May budget revision on May 14, and the Assembly and Senate must craft the final state budget by June 15. Please contact your legislators and the Governor and let them know you support the Middle Class Scholarship.
Also please make sure to spread the word by texting, tweeting and posting. Time is short, so we need to generate as much support as possible as quickly as possible.
With your help we can slash college fees by 40% and help more families once again afford higher education in California.
JOHN A. PÉREZ
Speaker of the Assembly