Plain English Breakdown
Checked against official source text during the last sync.
Higher Education Scholarship Timeline Change
This bill changes the deadline for selecting scholarship winners and notifying the college savings trust fund program from 30 days to 45 days before the start of an academic term.
What This Bill Does
- Changes the time limit for choosing scholarship recipients who use educational investment plans.
- Extends the notification period to the board of trustees of the college savings trust fund program by fifteen days.
Who It Names or Affects
- State government entities that manage scholarship programs using educational investment plans.
- The beneficiaries of these scholarship programs who are notified later than before.
Terms To Know
- scholarship beneficiary
- A student chosen to receive a scholarship for higher education.
- college savings trust fund program
- A state-run program that helps save money for college expenses.
Limits and Unknowns
- The bill does not specify what happens if the deadline is missed.
- It's unclear how this change will affect scholarship recipients or funding processes.