Kansas SB50 establishes uniform interest rates for scholarship repayment, authorizes the state board of regents to recover collection costs, and.
Kansas SB50 sets a uniform interest rate for repayment obligations in scholarship programs administered by the Kansas board of regents. It authorizes the board to recover collection costs and charge fees for administering financial aid programs. Eligible students must enter into agreements with the board as a condition to receive grants. The bill also sunsets the low-income family postsecondary savings accounts incentive program in 2028 and reduces the number of required audits for the program.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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