Mississippi Resident Promise Grant Program; create to provide financial assistance to community college students.

SB 2527 establishes the Mississippi Resident Promise Grant Program to cover tuition and required fees at Mississippi community colleges after other financial aid is applied. It directly affects Mississippi residents who graduated high school with a 2.5 GPA or equivalent, require full-time enrollment, maintain a 2.5 cumulative GPA, and complete their program within four semesters. Renewal depends on steady academic progress, continuous enrollment (with limited exceptions), and meeting GPA requirements each term. The bill also mandates fraud penalties (including fines and repayment) for false statements and requires institutions to report student eligibility status to the administering board. Note: This bill passed the Senate in February 2025 but died in committee on March 4, 2025, and is not yet law.