SAN FRANCISCO (AP) — Gov. Arnold Schwarzenegger has signed legislation that guarantees community college graduates admission to California State University.

The Student Transfer Achievement Reform Act allows students who earn an associate’s degree at one of California’s two-year colleges to complete a bachelor’s degree at a Cal State campus with an additional 60 credits. It takes effect in the fall of 2011.

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CSU and community college officials believe the change will help save millions of dollars by making the transfer process more efficient.

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The governor also signed a companion bill Wednesday that calls on the University of California to develop a similar transfer system.

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