Maryland SB207 delays the decentralization of the Guaranteed Access Grant Program until the 2029-2030 financial aid award year.

Maryland SB207 amends the Guaranteed Access Grant Program by postponing the decentralization of the program until the 2029-2030 financial aid award year. The Office of Higher Education will compile and certify lists ranking applicants by financial need, which institutions will use to determine who receives the grant. Institutions must submit lists of awarded students to the Office for reimbursement. The Office will also provide lists of students eligible for renewal awards to institutions, which will then offer these students a Guaranteed Access Grant renewal award.

Maryland SB207 delays the decentralization of the Guaranteed Access Grant Program until the 2029-2030 financial aid award year.

Maryland SB207 amends the Guaranteed Access Grant Program by postponing the decentralization of the program until the 2029-2030 financial aid award year. The Office of Higher Education will compile and certify lists ranking applicants by financial need, which institutions will use to determine who receives the grant. Institutions must submit lists of awarded students to the Office for reimbursement. The Office will also provide lists of students eligible for renewal awards to institutions, which will then offer these students a Guaranteed Access Grant renewal award.