Modifying students' share of the education costs at institutions of higher education.
What changed between versions
Establishes a new funding formula where grants for private four-year and two-year not-for-profit institutions will be 50% of the average awards given to public research universities and community colleges, starting in the 2026-27 academic year.
Sets a fixed annual award of $4,150 for Western Governors University-Washington students starting in the 2026-27 academic year.
Restores eligibility for four-year private for-profit institutions and Western Governors University-Washington to receive Washington College Grant funds, reversing a previous exclusion.
Extends the temporary fixed funding rates for private for-profit institutions and WGU-Washington until the end of the 2025-26 academic year before the new percentage-based formula takes effect.
Adds a formal certification of enrollment page to the bill text, documenting the final passage by the Senate and House with specific vote counts.