This bill establishes the Graduate Student Supplemental Revolving Loan Fund to provide supplemental financial aid to certain graduate students. This bill: - defines terms; - establishes the Graduate Student Supplemental Revolving Loan Fund (fund) to provide supplemental financial aid to certain graduate students for whom the cost of graduate programs exceeds new federal financial aid limits; - requires the Utah Board of Higher Education to:administer the fund;make rules to provide the supplemental loans; andannually report to the governor and the Higher Education Appropriations Subcommittee; - adds the fund to a list of revolving loan funds for Division of Finance rulemaking; and - makes technical changes.

Statutes affected:
Substitute #1: 63A-3-205