The proposed bill would update current statutes by establishing a new Financial Aid Awareness Program within the Arizona Department of Education (ADE) to recognize schools that promote financial aid awareness and support for completing the Free Application for Federal Student Aid (FAFSA). This program would begin in the 2027-2028 school year and would allow schools to voluntarily participate by notifying ADE and meeting specific eligibility requirements, such as designating a point of contact for FAFSA and implementing a FAFSA awareness strategy.

Additionally, the bill modifies existing statutes by removing outdated language related to school safety and replacing it with provisions focused on financial aid awareness. It clarifies that the prohibition on releasing student transcripts does not prevent schools from partnering with postsecondary institutions to provide information about educational opportunities. The new language emphasizes the importance of communicating essential FAFSA information to students and their parents, thereby enhancing financial aid awareness and support for students seeking federal financial assistance.

Statutes affected:
Senate Engrossed Version: 15-249.20
House Engrossed Version: 15-142, 15-249.20