Plain English Breakdown
The official metadata states the bill was 'Senate Tabled,' meaning it did not become law at that time.
HB1413: Needs-Based Scholarship Program for Georgia Students
This bill proposes to create a needs-based scholarship program managed by the Georgia Student Finance Authority for students at eligible public and private colleges.
What This Bill Does
- Establishes a new needs-based scholarship program under the Georgia Student Finance Authority.
- Creates a specific fund to pay for these scholarships.
- Sets rules that define which students are allowed to receive money based on their financial need.
- Allows both public and private postsecondary institutions in Georgia to participate if they meet eligibility requirements.
Who It Names or Affects
- Students attending eligible colleges or universities who demonstrate a financial need.
- Public and private higher education schools that qualify under the new program rules.
- The Georgia Student Finance Authority, which will manage the scholarship fund and distribution.
Terms To Know
- Needs-based
- A method of giving money where eligibility depends on how much financial help a student requires to pay for school.
- Postsecondary institutions
- Schools that students attend after high school, such as colleges and universities.
Limits and Unknowns
- The bill text provided does not state the specific dollar amount of money available for scholarships.
- The exact date when this program will start is listed in the summary but not defined with a calendar date in the excerpt.
- Detailed rules about how much income or assets a student can have to qualify are mentioned as being established, but the numbers are not included here.