Concerning state financial aid.

Summary

The bill revises the legal definitions of terms like "financial aid," "financial need," and "institution" in the state financial aid code. It also establishes specific maximum grant amounts for students attending various types of public, private non‑profit, and for‑profit colleges, as well as apprenticeship programs, with growth limits tied to a tuition growth factor. These changes aim to standardize aid levels across the state’s higher‑education landscape.

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