Bill > HB133

This bill modifies the eligibility criteria for the Two-Year College Transfer Grant Program in Virginia, which provides grants to eligible Virginia residents who have earned an associate degree from a Virginia two-year public institution and enroll in a four-year institution. The key change is that students will now have until the spring following the award of their associate degree to enroll in a four-year institution and remain eligible for the grant, whereas current law requires enrollment by the fall semester immediately after receiving the degree. The bill also clarifies that an "Expected Family Contribution" (EFC) of no more than $8,000, as determined by the federal government through the Free Application for Federal Student Aid (FAFSA) form, is the threshold for demonstrating financial need. Other eligibility requirements, such as maintaining a 3.0 grade point average and making satisfactory academic progress, remain in place.