California bills · 2025-2026 Regular Session
California AB 681
California DREAM Loan Program: limits.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Elhawary (Democratic)
Summary
Official abstract published by the California legislature· summary
Existing law establishes the California DREAM Loan Program, which authorizes a student attending a participating campus of the University of California or California State University to receive a loan, referred to as a DREAM loan, if the student satisfies certain requirements. Existing law prohibits a student from borrowing more than $4,000 within a single academic year and more than $40,000 in the aggregate under the program. Existing law prohibits a student enrolled in an undergraduate program from borrowing more than $20,000 as an undergraduate student and prohibits a student enrolled in a graduate program from borrowing more than $20,000 as a graduate student.
This bill would instead prohibit a student enrolled in an undergraduate program from borrowing more than $4,000 within a single academic year, and a student enrolled in a graduate program from borrowing more than $20,500 within a single academic year. The bill would increase the aggregate limit under the program for a student enrolled in a graduate program to $118,500 as a graduate student, while maintaining the $20,000 aggregate limit under the program for a student enrolled in an undergraduate program, thereby increasing the overall aggregate limit under the program for a student who receives a DREAM loan for both undergraduate and graduate enrollment to $138,500.
Text versions
- 10/13/25 - Chaptered· Oct 13, 2025
- 09/08/25 - Enrolled· Sep 8, 2025
- 02/14/25 - Introduced· Feb 14, 2025
- AB681
Roll-call votes
State vote data last updated Oct 17, 2026, 12:22 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Sep 4, 2025 Senate | 3rd Reading AB681 Elhawary By Pérez | pass | Set your home in California to see |
| Aug 29, 2025 Senate | Do pass | pass | Set your home in California to see |
| Jun 23, 2025 Senate | Placed on suspense file | pass | Set your home in California to see |
| Jun 11, 2025 Senate | Do pass, but first be re-referred to the Committee on [Appropriations] | pass | Set your home in California to see |
| May 5, 2025 House | AB 681 Elhawary Assembly Third Reading | pass | Set your home in California to see |
| Apr 9, 2025 House | Do pass. | pass | Set your home in California to see |
| Mar 18, 2025 House | Do pass and be re-referred to the Committee on [Appropriations] | pass | Set your home in California to see |
Actions
- Oct 13, 2025 · Legislature
Chaptered by Secretary of State - Chapter 702, Statutes of 2025. - Oct 13, 2025 · Legislature
Approved by the Governor. - Sep 11, 2025 · Legislature
Enrolled and presented to the Governor at 4 p.m. - Sep 4, 2025 · House
In Assembly. Ordered to Engrossing and Enrolling. - Sep 4, 2025 · Senate
Read third time. Passed. Ordered to the Assembly. (Ayes 30. Noes 9. Page 2516.). - Aug 29, 2025 · Senate
Read second time. Ordered to third reading. - Aug 29, 2025 · Senate
From committee: Do pass. (Ayes 5. Noes 2.) (August 29). - Jun 23, 2025 · Senate
In committee: Referred to suspense file. - Jun 11, 2025 · Senate
From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 1.) (June 11). Re-referred to Com. on APPR. - May 14, 2025 · Senate
Referred to Com. on ED. - May 6, 2025 · Senate
In Senate. Read first time. To Com. on RLS. for assignment. - May 5, 2025 · House
Read third time. Passed. Ordered to the Senate. (Ayes 61. Noes 10. Page 1419.) - Apr 10, 2025 · House
Read second time. Ordered to third reading. - Apr 9, 2025 · House
From committee: Do pass. (Ayes 10. Noes 4.) (April 9). - Mar 19, 2025 · House
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (March 18). Re-referred to Com. on APPR. - Mar 3, 2025 · House
Referred to Com. on HIGHER ED. - Feb 15, 2025 · House
From printer. May be heard in committee March 17. - Feb 14, 2025 · House
Read first time. To print.