California Ban on Scholarship Displacement Act of 2020.

Existing law establishes the California Community Colleges, under the administration of the Board of Governors of the California Community Colleges, the California State University, under the administration of the Trustees of the California State University, the University of California, under the administration of the Regents of the University of California, independent institutions of higher education, and private postsecondary educational institutions as the segments of postsecondary education in this state. This bill would establish the California Ban on Scholarship Displacement Act of 2020, which would prohibit each public and private institution of higher education that receives, or benefits from, state-funded financial assistance or enrolls students who receive state-funded student financial assistance from reducing a student's institution-based financial aid award below the student's financial need, as specified. The bill would make its provisions severable, as specified.