The bill modifies the Washington college grant program by adjusting eligibility criteria and introducing a new bridge grant for qualifying students. It amends RCW 28B.92.205 to increase the income threshold for maximum grant eligibility from 55% to 70% of the state median family income, effective from the 2023-24 academic year. Additionally, it revises the proration percentages for students with incomes between 71% and 100% of the state median family income, significantly lowering the percentages compared to previous guidelines. The bill also removes specific provisions related to the 2022-23 academic year, streamlining the eligibility requirements.

Furthermore, the bill establishes a new section that introduces an annual bridge grant for Washington college grant recipients who qualify for the maximum award. Starting in the 2023-24 academic year, eligible students will receive a $1,000 bridge grant if they are not part of the college bound scholarship program, or a $500 grant if they are. The bridge grant aims to provide additional financial support for expenses beyond tuition and fees, such as books and housing, and will be prorated for students enrolled less than half-time.

Statutes affected:
Original Bill: 28B.92.205
Substitute Bill: 28B.92.205