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WI SB1031

WI SB1031
Creating an undergraduate assistance grant program for students enrolled in private nonprofit postsecondary institutions and making an appropriation. (FE)


summary

Introduced
02/17/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

This bill creates an undergraduate assistance grant program administered by the Higher Educational Aids Board. Under the bill, a student is eligible for a grant under the program if the student 1) is enrolled in an undergraduate program at a private nonprofit postsecondary institution headquartered in this state; 2) is a resident of this state; 3) has completed the federal Free Application for Federal Student Aid and does not qualify for a federal Pell grant; and 4) has a household income of less than $60,000. The bill provides $2,500,000 annually in funding for HEAB to award grants to eligible students for up to 10 semesters. For further information see the state fiscal estimate, which will be printed as an appendix to this bill.

AI Summary

This bill establishes an undergraduate assistance grant program, administered by the Higher Educational Aids Board (HEAB), to provide financial aid to students attending private nonprofit colleges and universities headquartered in Wisconsin. To be eligible for a grant, a student must be enrolled in an undergraduate program at one of these institutions, be a resident of Wisconsin, have completed the Free Application for Federal Student Aid (FAFSA) but not qualify for a federal Pell grant (a need-based grant from the federal government), and have a household income below $60,000. The bill allocates $2,500,000 annually for HEAB to award these grants, which can be received by a student for up to 10 semesters of full-time enrollment or its equivalent.

Committee Categories

Education

Sponsors (6)

Last Action

Read first time and referred to Committee on Universities and Technical Colleges (on 02/17/2026)

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