Higher education: financial aid; Michigan achievement scholarship; provide for. Creates new act. TIE BAR WITH: SB 0383'25
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill creates the "Michigan Achievement Scholarship Act," establishing a financial aid program for eligible Michigan residents attending postsecondary institutions. The program provides last-dollar scholarship assistance for tuition, fees, and related expenses, including housing and books, for community colleges and eligible universities. It also guarantees tuition-free attendance at eligible community colleges and aims to support students with the skills needed for Michigan's workforce.
Key provisions
- Creates the "Michigan Achievement Scholarship Act" to provide last-dollar scholarship assistance.
- Guarantees tuition-free community college attendance for eligible students.
- Expands scholarship assistance to public and private universities.
- Defines key terms such as ‘cost of attendance,’ ‘eligible institution,’ and ‘gift aid.’
- Establishes eligibility criteria for students, including graduation requirements, enrollment status, and financial aid application.
- Sets a maximum award period of 5 years for scholarship recipients.
- Requires eligible institutions to report on their tuition and fee restraint rates.
- Mandates the Department of Lifelong Education, Advancement, and Potential to administer the scholarship program.
Who is affected
- Michigan residents attending postsecondary education.
- Public universities and community colleges in Michigan.
Bill text
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Document of record
- Version
- Senate Introduced Bill
- Published
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Sponsors
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No sponsors are on record.
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