Bill > S681

This bill establishes a "No pay for higher education law program" designed to provide Massachusetts residents with access to higher education at no cost, covering application fees and tuition. The program will involve a study of the current application process to identify ways to eliminate fees for eligible students, particularly those with low incomes, and will also address the reimbursement of past student loan payments and educational expenses incurred by students or their contributors. Higher education institutions and student loan lenders are encouraged to inform applicants about this program, and a record of all applications and payments made through the program will be maintained and accessible to state committees. A newly appointed "commissioner of the 'No pay for higher education law'" will oversee a trust account to manage these funds, with appropriations authorized by the Massachusetts General Court.