3726.07  STATE UNIVERSITY GRANT PROGRAM, NO. 948/422

References:  Education Code, Sections 89721 and 89722; Executive Order 397; 
Memorandum SA 82-47/BP 82-56.

The State University Grant Program was established by the State of California 
under the Budget Act of 1982, Chapter 326.  Its creation was consistent with 
legislative intent and recommendations contained in the Report of the 
Chancellor's Task Force on a New Student Fee and Financial Aid Program 
(December, 1981).  Allocations are based on the actual number of Pell Grant 
recipients reported to the federal government.  The intent of the Program is 
to help students offset the impact of the fee increase beginning with the 1982-
83 Budget Act.

The State University grant program is first budgeted in the General Fund, 
based on the amount of State funds available.  Later, funds are transferred to 
the applicable trust fund for final distribution to students.

 1.	Trust Projects

	See General Guidelines, SUAM Paragraph 3710.01.

 2.	Trust Agreements

	See General Guidelines, SUAM Paragraph 3710.02.

 3.	Working Capital

	See General Guidelines, SUAM Paragraph 3710.03.

 4.	Budgets

	See General Guidelines, SUAM Paragraph 3710.04.

 5.	General Accounting

	See General Guidelines, SUAM Paragraph 3710.05 et seq.

 6.	Receipts

	See General Guidelines, SUAM Paragraph 3710.06.

 7.	Disbursements

See General Guidelines, SUAM Paragraph 3710.07.

 8.	Purchasing

	See General Guidelines, SUAM Paragraph 3710.08.

 9.	Personnel/Payroll

	See General Guidelines, SUAM Paragraph 3710.09.

10.	Investments

	See General Guidelines, SUAM Paragraph 3710.10.

11.	Insurance

	See General Guidelines, SUAM Paragraph 3710.11.

12.	Reimbursement to General Fund

	See General Guidelines, SUAM Paragraph 3710.12.