The bill amends the State School Aid Act of 1979, specifically section 248, to enhance the Michigan achievement scholarship program. It introduces new definitions and eligibility criteria for students seeking financial aid, including the concept of "last-dollar payment amount" and "minimum payment." The bill specifies that eligible institutions include public universities, community colleges, and certain nonprofit colleges, and it outlines the types of costs covered under the scholarship, such as tuition, fees, and living expenses. Additionally, it establishes reporting requirements for the Department of Lifelong Education, Advancement, and Potential to track scholarship distribution and student success metrics.

Significantly, the bill adds provisions for students enrolled in specific postsecondary transition programs for young adults with intellectual and developmental disabilities, allowing them to qualify for scholarships under certain conditions. The maximum duration for receiving these scholarships is set at five consecutive academic years for most students, while those in the specialized programs may receive support for up to four years. The bill also emphasizes the importance of outreach and awareness programs to ensure that potential applicants are informed about available financial aid options.

Statutes affected:
Senate Introduced Bill: 388.1848