Missouri 2024 Regular Session

Missouri House Bill HB2326

Introduced
1/8/24  

Caption

Modifies provisions governing certain postsecondary education financial assistance awards

Impact

Under the new provisions, financial assistance will be categorized based on whether a student is at a public two-year institution, a public four-year institution, or a private institution. The updated framework sets specific award amounts for each category, which are adjusted for future academic years, reflecting changes in financial needs and educational costs. This reform is expected to enhance access to higher education by providing clearer guidelines on financial support for students, particularly in light of rising tuition costs.

Summary

House Bill 2326 aims to modify the provisions governing financial assistance awards for postsecondary education in Missouri. It repeals the existing statute, section 173.1105, and enacts a new section that outlines eligibility criteria and the amounts of financial aid awarded to undergraduate students attending approved institutions. This bill establishes a minimum and maximum award amount depending on the type of educational institution the student is attending, ensuring a structured approach to scholarship disbursement.

Contention

One notable point of contention surrounding HB 2326 may arise from the adjustments made to the financial aid structure, particularly how these changes impact students with varying expected family contributions. For students with a higher family contribution, awards may be reduced, which could potentially lead to disparities in accessibility to financial support. Additionally, concerns could be raised about the adequacy of funding for this program, particularly if appropriated funds are insufficient to meet the needs of all eligible students, as adjustments will be made across all sectors in response to any shortfalls.

Companion Bills

No companion bills found.

Previously Filed As

MO HB1318

Increases the maximum and minimum amounts awarded under the Access Missouri Financial Assistance Program

MO HB1319

Removes the requirement that certain financial awards for higher education students be reduced by the amount of any A+ program moneys received

MO HB743

Changes provisions governing educational services costs

MO HB577

Modifies provisions governing workforce development in elementary and secondary education

MO HB1257

Modifies provisions governing fertilizer control

MO HB909

Modifies provisions governing solid waste disposal area permits

MO HB1346

Modifies provisions governing the compensation of student athletes

MO HB1352

Modifies provisions relating to the awarding of fees in certain proceedings

MO HB586

Modifies provisions relating to financial affairs

MO HB719

Modifies provisions relating to public assistance

Similar Bills

No similar bills found.