10/08/2011 07:06 pm ET Updated Dec 08, 2011

DREAM Act In California Signed Into Law; Undocumented Immigrant Students Will Be Eligible For Financial Aid

Los Angeles (CNN) -- Undocumented immigrant students in California will be able to receive state-funded financial aid in 2013 to attend college under a new law signed Saturday by Gov. Jerry Brown.

The law allows top students who are on a path to citizenship to apply and receive the state aid, the governor said.

About 2,500 students are projected to receive Cal Grants totaling $14.5 million, according to the California Department of Finance. That averages out to $5,800 per student.