Bill > S3871

This bill directs the Higher Education Student Assistance Authority to increase the income protection allowance, which is a portion of a student's income that is not considered when determining their financial need for aid, for independent adult students applying for the Tuition Aid Grant Program. Specifically, the bill mandates that this allowance be set equal to the amount used by the U.S. Department of Education for independent adult students applying for a federal Pell Grant, a need-based grant from the federal government that helps undergraduate students with no prior bachelor's degree pay for college. This change aims to make more independent adult students eligible for tuition aid by effectively allowing them to have a higher income while still qualifying for the grant. The act takes effect immediately and will apply to tuition aid grants awarded for the academic year following its enactment.