This bill amends the Hope Scholarship Program in West Virginia by establishing a cap on the combined federal adjusted gross income of parents to qualify for the scholarship. Specifically, it states that to be eligible for the Hope Scholarship, a parent or parents must have a combined income of less than $150,000 for the taxable year in which they apply. This new provision is intended to ensure that the scholarship is targeted towards families with lower income levels.

In addition to the income cap, the bill maintains existing provisions regarding the application process, eligibility criteria for students, and the confidentiality of personal information related to scholarship applicants. The board is tasked with processing applications year-round and must issue award letters within 45 days of receiving completed applications. Overall, the bill aims to refine the eligibility requirements for the Hope Scholarship to better serve families in need.

Statutes affected:
Introduced Version: 18-31-5