New Hampshire SB407 appropriates $300 per full-time in-state tuition-eligible student in the university system.
New Hampshire SB407 provides an appropriation of $300 for each full-time student eligible for the in-state tuition rate enrolled in the university system of New Hampshire. The number of eligible students is calculated annually on October 1. The total appropriation for each fiscal year is capped at $5,400,000. These funds are designated as non-lapsing, meaning they cannot expire unused. The governor is authorized to draw warrants for these sums from the treasury. The act is set to take effect on July 1, 2026.
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