The California State University system announced today that it will put off sending bills to students whose state-backed scholarship funding is delayed due to the budget crisis in Sacramento.
The state has told California universities and colleges that there may be a delay in sending out Cal Grants in the coming spring semester, CSU said in a press release today.
CSU will not seek payment for the State University Fee ($3,048 for the 2008-09 school year) until the Cal Grants are released.
One variety of state funding to students -- called Cal Grant B's -- provide a stipend to students. Cal State will seek to provide " short-term emergency loans to needy students on a case-by-case basis," the release said.
CSU is not in a position to automatically cover these cash stipends to students until the (California Student Aid Commission) actually distributes the funds.
About 65,500 CSU students -- about 14.5 percent of the student population at the 23-campus system-- get Cal Grant funds, the release stated.
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