Bill > HB4693

This bill aims to expand the PROMISE scholarship program by providing full tuition, room, and board coverage for students enrolled in STEM (science, technology, engineering, and mathematics) majors at state institutions of higher education. The bill maintains the existing PROMISE scholarship provisions for non-STEM majors, which cover the lesser of tuition costs or $4,750 per year. The bill also requires the Higher Education Policy Commission to promulgate a legislative rule to implement these changes and ensure the financial stability of the PROMISE scholarship program.