Fostering Success in Higher Education Act of 2023

The Fostering Success in Higher Education Act of 2023 creates a federal grant program to improve higher education access and success for foster youth and homeless youth. It authorizes $150 million annually for states to use 25% of funds for direct outreach and support services (including financial aid guidance, career exploration, and summer preparation programs) and at least 70% for subgrants to colleges to improve services for these students. The bill requires states to develop plans for identifying and supporting these students, coordinate with child welfare and homeless services, and submit annual reports on program outcomes. This legislation directly affects foster youth (those who were in state or tribal care) and homeless youth (as defined by the McKinney-Vento Act), aiming to address barriers they face in accessing and completing postsecondary education.