SPONSOR: Shields
Beginning in the 2025-26 academic year, this bill specifies an increase for eligible recipients of the Access Missouri Financial Assistance Program.
For public two-year institutions the maximum increases by $400 to $1700 and the minimum by $200 to $500.
For public four-year institutions and the State Technical College, and approved private and virtual institutions, the maximum increases by $700 to $3500 and the minimum by $250 to $1750.
The bill replaces the phrase "expected family contribution" with "student aid index" which is the amount of money a student and family should pay to the cost of postsecondary education as calculated by the US Department of Education.
This bill is similar to HB 2326 (2024).
Statutes affected: