Bill
Bill > HB695
GA HB695
Georgia Student Finance Authority; establish a needs based financial aid program to award grants to eligible students who have not yet received their financial aid award
summary
Introduced
02/28/2025
02/28/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To amend Part 3 of Article 7 of Chapter 3 of Title 20 of the Official Code of Georgia Annotated, relating to the Georgia Student Finance Authority, so as to establish a needs based financial aid program to award grants to eligible students who have not yet received their financial aid award so that such students can obtain the essential materials they need to begin classes; to provide a maximum award amount; to provide definitions; to provide for eligibility; to provide for applications; to provide for rules, regulations, and procedures; to provide for related matters; to repeal conflicting laws; and for other purposes.
AI Summary
This bill establishes a new needs-based financial aid program through the Georgia Student Finance Commission to help eligible students obtain essential course materials when they have not yet received their financial aid award. Eligible students must have a low family income, meet academic standards set by the commission, have completed the Free Application for Federal Student Aid (FAFSA), be enrolled in a qualified postsecondary institution, and have applied for but not received financial aid within two weeks of the semester's start. The program will provide grants up to $5,000 directly to students to purchase books, materials, or other items identified by course instructors as essential for their studies. Students must submit an application detailing the specific materials they need and their estimated cost. The commission is authorized to create rules and procedures for the program, with an emphasis on expediting application processing and grant disbursement. The goal is to help economically disadvantaged students quickly access the materials they need to begin their coursework.
Committee Categories
Education
Sponsors (6)
Arlene Beckles (D)*,
Eric Bell (D)*,
Bryce Berry (D)*,
Robert Flournoy (D)*,
Teddy Reese (D)*,
Mary Ann Santos (D)*,
Last Action
House Higher Education (13:00:00 3/26/2025 606 CLOB) (on 03/26/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.ga.gov/legislation/71050 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/234676 |
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