The bill establishes the Foster-to-College Scholarship Program in Ohio, which aims to support students who have been placed in foster care. It enacts sections 3301.96 and 3333.89 of the Revised Code, defining key terms such as "school of origin" and "student placed in foster care." The program will provide scholarships to qualifying students based on their federal need analysis, covering the cost of attendance after accounting for various forms of financial aid. Additionally, the bill mandates the Department of Education and Workforce to hire a full-time school foster care liaison to assist students in maintaining their school of origin or facilitating their transfer to a new school when necessary.

The bill also includes an appropriation of $7.5 million for the Foster-to-College Scholarship Program for fiscal years 2025 and 2026, with provisions for the employment of four full-time foster care student navigators to help students navigate the scholarship application process and enroll in higher education institutions. The Chancellor of Higher Education is tasked with administering the program and ensuring that the scholarships are awarded based on the remaining cost of attendance after all other financial aid has been applied. The bill emphasizes the importance of supporting students in foster care as they transition to higher education.