Pennsylvania HB1799 amends tuition account programs, establishes the Keystone Scholars Grant Program, and repeals certain provisions.
Pennsylvania HB1799 amends existing tuition account programs by establishing the Tuition Account Programs Bureau within the Treasury Department. It creates two programs: a Tuition Account Guaranteed Savings Program and a Tuition Account Investment Program. The bill also establishes the Keystone Scholars Grant Program to provide grants for eligible children's higher education expenses. It mandates the department to institute safeguards against excess contributions and allows for the conversion of tuition credits for qualified education loans and registered apprenticeship programs.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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