K thru 12 Education
0954 Scholarshare Investment Board

The ScholarShare Investment Board is the administrator for the Golden State ScholarShare College Savings Trust Program (ScholarShare), the Governor's Scholarship Program (GSP) and the California Memorial Scholarship Program (CMS). These programs encourage California citizens to pursue higher education by making education more affordable. ScholarShare encourages families to save for higher education costs, while GSP granted scholarships to students for use at eligible higher education institutions. CMS provided scholarships to surviving dependents of California residents killed in the terrorist attacks on September 11, 2001.
MAJOR PROGRAM CHANGES Back to Top
  • The Budget proposes $1.1 million from the Scholarshare Administrative Fund to initiate a new outreach and public education program focused on young families and state employees that promotes systemic saving for college through the Golden State Scholarshare College Savings Trust Program.
PROGRAMS Back to Top
The following table presents total proposed budget year positions and expenditures for each budgeted program area. These expenditures include all funding sources that support the state agency's programs.
Code Program
 Proposed
2009-10*
Positions
Dollars
10 Golden State Scholarshare Trust Program
9
$2,440
20 Governor's Scholarship Program
1
695
Totals, Positions and Expenditures (excluding Infrastructure)
10
$3,135
 
 Infrastructure Expenditures
-
-
Totals, Positions and All Expenditures
10
$3,135

Refer to the Program Descriptions for a description of programs operated by this state agency.

Refer to the 3-Yr Expenditures & Positions for expenditures, positions, and funding detail.
PRINTABLE BUDGET DOCUMENTS Back to Top
The following identifies budget documents for this state agency that are available in a printable (pdf) format.

Entire Scholarshare Investment Board Budget (pdf * - 11K) in pdf format.
This document provides a printable format (pdf) of all budget information for this state agency. Note: Along with other information, this document includes the documents listed below.

 Fund Condition Statements ONLY (pdf * - 2K)
This document provides a printable format (pdf) of only the fund condition statements for each fund administered by this state agency.

 Detail of Appropriations and Adjustments ONLY (pdf * - 2K)
This document provides a printable format (pdf) of only the detail of appropriations and adjustments for this state agency.

ADDITIONAL INFORMATION Back to Top
Legal Citations and Authority
Includes the legal citations (state statutes, federal statutes, and court orders) for operation of department programs and activities.