The bill amends the title and provisions of the "Rhode Island Hope Scholarship Pilot Program Act," changing it to the "Rhode Island Hope Scholarship Program Act." It establishes a continuing scholarship program at Rhode Island College, similar to the Rhode Island Promise Scholarship at the Community College of Rhode Island.

Key changes include the removal of the term "pilot" from the program's title and provisions, indicating a shift from a temporary initiative to a permanent scholarship program. The bill mandates annual reporting by Rhode Island College on student participation and program costs, with reports due on or before November 10 and May 10 of each fiscal year following fiscal year 2024. Additionally, it repeals a section that previously limited funding to a specific timeframe, allowing for ongoing financial support for the scholarship program.

The act aims to enhance educational opportunities for Rhode Island students and ensure continued support for the scholarship program. It will take effect upon passage.

Statutes affected:
8336: 16-113-10