Increases the phase-out threshold for tuition assistance program awards from $7,000 to $18,000.
This bill amends the education law to increase the phase-out threshold for tuition assistance program awards from $7,000 to $18,000. This change affects the income-based reduction of base amounts for tuition assistance. The new threshold will apply to students receiving tuition assistance, impacting their eligibility based on income. The act will take effect 180 days after it becomes law.
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