SB416 amends the Education Code to revise Cal Grant eligibility and appeal processes.

SB416 amends the Education Code to revise the Cal Grant Program, affecting student financial aid eligibility and appeal processes. It sets income and asset ceiling amounts for Cal Grant participants, defines "satisfactory academic progress," and outlines appeal processes for students who lose financial aid eligibility. The bill also mandates the creation of a financial aid offer letter template by a workgroup, to be used by all institutions starting in the 2028–29 academic year.

SB416 amends the Education Code to revise Cal Grant eligibility and appeal processes.

SB416 amends the Education Code to revise the Cal Grant Program, affecting student financial aid eligibility and appeal processes. It sets income and asset ceiling amounts for Cal Grant participants, defines "satisfactory academic progress," and outlines appeal processes for students who lose financial aid eligibility. The bill also mandates the creation of a financial aid offer letter template by a workgroup, to be used by all institutions starting in the 2028–29 academic year.