California Education Code 69969 – (a) Funds appropriated in the annual Budget Act or another …
(a) Funds appropriated in the annual Budget Act or another statute for purposes of the program shall be provided to the commission for allocation to participating public postsecondary educational institutions based on their share of students receiving a federal Pell Grant in the most recent prior fiscal year for which data is available for all program participants.
(b) A participating public postsecondary educational institution may use no more than 5 percent of the funds it receives under the program on its administrative costs of participating in the program.
Terms Used In California Education Code 69969
- commission: means the Student Aid Commission created by this article. See California Education Code 69515
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- institution: means a campus of the University of California, the California State University, or the California Community Colleges. See California Education Code 69950
- Program: means the Learning-Aligned Employment Program created pursuant to this article. See California Education Code 69950
- Statute: A law passed by a legislature.
(c) The commission may use up to one-half of 1 percent of the funds appropriated for purposes of this article on the costs of administering the program.
(d) (1) Funds appropriated in the annual Budget Act or another statute for purposes of the program shall be available for encumbrance and expenditure until June 30, 2031.
(2) (A) For the 2021-22 fiscal year, participating campuses of a participating public postsecondary educational institution are expected to collaborate with local employers to identify learning-aligned employment positions pursuant to section 69958.
(B) Commencing no later than the 2022-23 fiscal year, participating campuses of a participating public postsecondary educational institution are expected to enable participating eligible students to access available learning-aligned employment opportunities identified pursuant to the requirements of this article.
(Amended by Stats. 2022, Ch. 54, Sec. 19. (AB 183) Effective June 30, 2022.)