The bill introduces a new section to chapter 28B.92 RCW, mandating the tracking of state financial aid awarded to students who apply through the Washington application for state financial aid, starting with the 2025-26 academic year. The office responsible for this tracking is required to make the total award amounts publicly available on its website, ensuring transparency regarding state aid distribution.

Additionally, beginning December 1, 2026, the office must provide an annual report to the relevant legislative committees. This report will include data on the total number of students who applied for and received state financial aid through the Washington application, as well as the total amount of aid disbursed to each higher education institution on behalf of these students. This initiative aims to enhance oversight and accountability in the allocation of state financial aid.