Bill

Bill > SB0382


MI SB0382

MI SB0382
Higher education: financial aid; Michigan achievement scholarship; provide for. Creates new act. TIE BAR WITH: SB 383'25


summary

Introduced
06/10/2025
In Committee
09/26/2025
Crossed Over
09/25/2025
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to create a financial aid program for certain residents of this state who attend certain postsecondary educational institutions in this state; to provide for the administration of the financial aid program; to provide for the promulgation of rules; and to provide for the powers and duties of certain state officers and entities.

AI Summary

This bill establishes the Michigan Achievement Scholarship, a comprehensive financial aid program designed to provide last-dollar scholarship assistance to Michigan residents attending eligible postsecondary institutions in the state. The scholarship aims to create a tuition-free pathway for community college students and provide financial support for students attending public and private universities, with the ultimate goal of helping students access education and develop skills needed for Michigan's evolving workforce. Eligible students must be Michigan residents who graduated high school or obtained a high school equivalency certificate in 2023 or later, enroll full-time at an eligible institution, and meet specific financial criteria (such as having a student aid index of 30,000 or less). Students can receive the scholarship for up to 5 consecutive academic years, with no more than 3 years at community colleges, and must maintain satisfactory academic progress, apply for all available gift aid, and not be in default on federal student loans. The scholarship amount varies depending on the type of institution and the student's gift aid, with community college students potentially receiving full tuition coverage and university students receiving a prescribed amount. The Department of Lifelong Education, Advancement, and Potential will administer the program, create annual reports, and develop an online dashboard to track student success, while participating institutions must comply with tuition and fee restraint requirements to remain eligible for the scholarship funding.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred To Committee On Appropriations (on 09/26/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...