Funding cut to Cal Grants for Private & Profit schools

Paying for College
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<p>For the California students:</p>

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Among Brown's reductions are a 5 percent cut in Cal Grants for students at private and for-profit universities this year, lowering the grant to $9,223, and much deeper cuts the following two years. Lawmakers had already reduced that program under the budget act they sent to Brown on June 15.</p>

<p>Students at private non-profit institutions will see a 6 percent cut in their Cal Grant next year, followed by an additional 10 percent cut in 2014. Students at for-profit schools face a 50 percent cut in their grant in 2013.

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<p>Reprieve</a> for Calif. parks bright spot amid cuts - SFGate</p>

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<p>This has been predicted for awhile. There’s even been talk of eliminating all Cal Grants to privates. While the smaller, poorer privates probably need the “help” of Cal Grants for its needy students, giving the money to Stanford and USC bound students is kind of nutty.</p>