> (2) “Independent institution of higher education” means a nonpublic higher education institution that grants undergraduate degrees, graduate degrees, or both, that is formed as a nonprofit corporation in this state, that is accredited by an agency recognized by the United States Department of Education, and that receives, or benefits from, state-funded student financial assistance or that enrolls students who receive state-funded student financial assistance.
That's kind of a weird distinction because my understanding is that the Cal Grants go to the student. The intent of the program is that it goes to the student's choice of qualifying institution. The state is free to rewrite their eligibility requirements however they want.
I'm not sure if the intended outcome here is that Standford stops accepting low income students on financial assistance.
> (2) “Independent institution of higher education” means a nonpublic higher education institution that grants undergraduate degrees, graduate degrees, or both, that is formed as a nonprofit corporation in this state, that is accredited by an agency recognized by the United States Department of Education, and that receives, or benefits from, state-funded student financial assistance or that enrolls students who receive state-funded student financial assistance.
https://leginfo.legislature.ca.gov/faces/billCompareClient.x...
Seems like an institution is free to be fully private (not take state funded financial aid) and do whatever they want.