The bill establishes the Montana Foster Youth Higher Education Assistance Program, aimed at providing support for foster youth pursuing higher education. It outlines the eligibility criteria, application process, and the types of assistance available to foster youth, ensuring they have access to the resources necessary for their educational advancement.

Additionally, the bill includes a termination date for the program, which will require periodic review and assessment of its effectiveness. This provision aims to ensure that the program remains relevant and beneficial to the foster youth it serves, allowing for adjustments based on changing needs and circumstances.