Bill > SB1340

This bill modifies the Oklahoma Higher Learning Access Program (OHLAP) by increasing income eligibility limits for students to qualify for higher education financial benefits. Starting in the 2027-2028 school year, the bill raises the annual federal adjusted gross income thresholds for families to participate in the program, with different limits based on the number of dependent children: for families with two or fewer children, the limit increases from $60,000 to $100,000; for families with three or four children, from $70,000 to $110,000; and for families with five or more children, from $80,000 to $120,000. Additionally, the bill increases the income limit for receiving OHLAP benefit awards from $100,000 to $130,000 per year. The program aims to help students from lower and middle-income families access higher education by providing financial assistance, and participants must meet certain behavioral and academic requirements, such as attending school regularly, avoiding substance abuse, and maintaining good academic records. The changes are designed to expand access to the program for more Oklahoma families by acknowledging rising living costs and the need to support students' educational opportunities.

Education

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1340&Session=2600