An Act to modernize financial aid access
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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 establishes the MassGrant program, a new financial aid initiative in Massachusetts designed to provide assistance to eligible residents pursuing higher education. The program aims to make college more accessible by offering financial support to students. It’s intended to modernize the state’s approach to financial aid and increase access to post-secondary education for qualified residents.
Key provisions
- Creates the MassGrant program.
- Provides financial assistance to eligible Massachusetts residents enrolled in higher education.
- Defines eligibility criteria for receiving MassGrant funds.
- Specifies the types of educational institutions that can participate in the program.
- Establishes a process for distributing and managing the funds.
- Requires the Board of Higher Education to oversee the program’s implementation.
Who is affected
- Massachusetts residents
- Students enrolled in higher education institutions
- Higher education institutions in Massachusetts
- The Board of Higher Education
Notable changes
- Introduces a new state-funded financial aid program.
- Potentially expands access to higher education for low- and middle-income students.
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
James B. Eldridge
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