HB 5212
Relating to financial aid for post-secondary education.
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Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill makes changes to financial aid programs for post-secondary education in West Virginia. It primarily adjusts the Learn and Earn Grant Program, the Medical Student Loan Program, and the Higher Education Grant Program. Key changes include allowing block grants for the Learn and Earn Grant Program, redefining administrative costs, and modifying requirements for the Medical Student Loan Program. The bill also renames and reorganizes the Higher Education Adult Part-Time Student Grant Program into the Higher Education Workforce Grant Program, and adjusts requirements for the PROMISE scholarship program and the WV Invests grant program.
Key provisions
- Repeals a section of the West Virginia Code related to financial aid.
- Modifies the Learn and Earn Grant Program to allow block grants and redefine administrative costs.
- Revises the Medical Student Loan Program, clarifying award amounts, service commitments, and interest rate determinations.
- Reorganizes the Higher Education Adult Part-Time Student Grant Program into the Higher Education Workforce Grant Program.
- Adjusts requirements for the PROMISE scholarship program and the WV Invests grant program.
- Provides for funding for community and technical colleges to implement workforce development initiatives.
- Establishes a special revolving fund for medical student loan repayment.
- Requires medical students who receive loans to practice medicine in West Virginia for a specified period.
Who is affected
- Students pursuing post-secondary education in West Virginia
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