Michigan SB0056 allocates funds for education, including public schools, higher education, and scholarships, for the fiscal year ending September 30.

Michigan SB0056 amends sections 11 and 236 of the 1979 PA 94, adding section 201i, to allocate funds for the fiscal year ending September 30, 2025. The bill appropriates funds for public schools, higher education institutions, and scholarships. Key allocations include $17,769,551,300.00 from the state school aid fund, $78,830,600.00 from the general fund, and $330,000,000.00 from the postsecondary scholarship fund. Specific allocations are made for initiatives like the FAFSA completion incentive, Michigan Transfer Pathways, and the Martin Luther King, Jr. - Cesar Chavez - Rosa Parks program.

Michigan SB0056 allocates funds for education, including public schools, higher education, and scholarships, for the fiscal year ending September 30.

Michigan SB0056 amends sections 11 and 236 of the 1979 PA 94, adding section 201i, to allocate funds for the fiscal year ending September 30, 2025. The bill appropriates funds for public schools, higher education institutions, and scholarships. Key allocations include $17,769,551,300.00 from the state school aid fund, $78,830,600.00 from the general fund, and $330,000,000.00 from the postsecondary scholarship fund. Specific allocations are made for initiatives like the FAFSA completion incentive, Michigan Transfer Pathways, and the Martin Luther King, Jr. - Cesar Chavez - Rosa Parks program.