The proposed bill establishes the "Michigan Achievement Skills Scholarship Act," aimed at providing financial aid to residents of Michigan who enroll in specific occupational training programs within the state. The scholarship program is designed to enhance access to career training and equip individuals with the necessary skills to thrive in Michigan's evolving economy. The administration of the scholarship will be overseen by the Department of Lifelong Education, Advancement, and Potential, which will also be responsible for developing application processes for training institutions and ensuring compliance with eligibility criteria.

To qualify for the scholarship, applicants must meet several requirements, including being a resident of Michigan for at least one year, having a high school diploma or equivalency, and being a first-time enrollee in a qualified training program. The bill outlines the responsibilities of the department, including maintaining a list of eligible training programs, awarding scholarships that cover tuition costs, and providing annual reports on the program's participation and funding. Additionally, the legislation prohibits training institutions from altering their financial aid structures in a way that shifts costs to the scholarship program.