Bill > HB2888

This bill modifies the Oklahoma Tuition Equalization Grant program by making several changes to the existing law. Specifically, the bill removes Bacone College and St. Gregory's University from the list of eligible institutions, while maintaining the grant's core eligibility requirements. Students can still receive a $2,000 annual grant (or $1,000 per semester) if they meet certain criteria, including being an Oklahoma resident, enrolling as a full-time undergraduate student, having a household income not exceeding $50,000, paying tuition higher than at comparable public institutions, and maintaining academic performance standards. The grant is available for students attending approved private, non-profit colleges in Oklahoma that are fully accredited and meet specific institutional requirements. The bill preserves the existing provisions regarding grant prioritization, with students who have previously received the grant having priority over first-time applicants. The changes will take effect on November 1, 2025, and the State Regents will continue to manage the program, including reviewing applications, allocating funds, and providing annual reports to state leadership about grant recipients and outcomes.

Budget and Finance, Education

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb2888&Session=2500