This bill proposes to phase out State tuition aid grants for students attending proprietary institutions, which are private educational establishments licensed to award academic degrees. Starting with the first full academic year following the enactment of the bill, only students who have previously received a State tuition aid grant before that academic year will be eligible to continue receiving these grants. The eligibility for these grants will remain in effect for the number of academic years as specified in existing law.

The legislation effectively limits new recipients of State tuition aid grants at proprietary institutions, thereby restricting financial support to those who were already awarded grants prior to the bill's enactment. This change aims to gradually eliminate State funding for students enrolled in proprietary institutions, while still allowing current recipients to maintain their grants until they no longer qualify. The bill is set to take effect immediately upon enactment.