Expands Michigan achievement scholarship eligibility and funding.

The bill expands eligibility for the Michigan achievement scholarship, a financial aid program for students attending eligible institutions. It increases the maximum award amount to the lesser of $3,000 or the student's last-dollar payment amount, and mandates a minimum payment of $2,500. The bill also requires institutions to report on student success metrics and maintains tuition restraint requirements. It allocates funds for outreach programs and establishes a workgroup to advise on the scholarship program's administration.

Expands Michigan achievement scholarship eligibility and funding.

The bill expands eligibility for the Michigan achievement scholarship, a financial aid program for students attending eligible institutions. It increases the maximum award amount to the lesser of $3,000 or the student's last-dollar payment amount, and mandates a minimum payment of $2,500. The bill also requires institutions to report on student success metrics and maintains tuition restraint requirements. It allocates funds for outreach programs and establishes a workgroup to advise on the scholarship program's administration.