Ed. Code, § 70035.5 · Article 23. California DREAM Loan Program
Ed. Code, § 70035.5
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) It is the intent of the Legislature to establish the DREAM grant program.
(b) Commencing with the 2024–25 academic year, a grant-eligible student attending a participating institution may receive a DREAM grant pursuant to this section.
(c) Each participating institution may award DREAM grants to grant-eligible students if that institution has unawarded funds in the institution’s DREAM revolving fund that were new state, institutional matching, or loan repayment funds deposited during the previous academic year pursuant to Section 70035.
(d) DREAM grants shall be provided during the academic year immediately following the academic year in which there was an unawarded DREAM revolving fund balance.
(e) In a given academic year, a DREAM grant shall not exceed a student’s financial need.
(f) The amount of a DREAM grant offered to an individual student by a participating institution shall be determined by the institution. Priority shall be given to DREAM grants for instructional programs.
(g) A DREAM grant awarded pursuant to this section shall not count towards the annual and aggregate borrowing limits described in subdivision (a) of Section 70034.
Notes and commentary — not statutory text
History
Added by Stats. 2023, Ch. 622, Sec. 2. (SB 633) Effective January 1, 2024.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=70035.5.
- Text hash
- sha256 b652d979dd38787ab50efbe5e3dc2b5c2c2768a91cb62a8c0e7f6235f6328b19
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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