An Act ENROLLED SENATE BILL NO. 1624 By: Seifried of the Senate and Vancuren and Deck of the House An Act relating to higher education; amending 70 O.S. 2021, Section 626.7, which relates to the Oklahoma Higher Education Tuition Aid Act; providing eligibility for certain programs; updating statutory language; updating statutory reference; providing an effective date; and declaring an emergency . SUBJECT: Higher education BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 70 O.S. 2021, Section 626.7, is amended to read as follows: Section 626.7. A college tuition aid grant may be awarded annually to each eligible, qualified full -time or part-time undergraduate or graduate student enrolled in a cur riculum leading to a degree or certificate in an institution of collegiate grade or postsecondary institution providing a program of training to prepare students for employment in a recognized occupation in Oklahoma approved or accredited by the Oklahoma S tate Regents for Higher Education or appropriate postsecondary agency . Eligible programs of training shall include comprehensive transition and postsecondary programs approved by the United States Department of Education. College tuition aid grants shall be awarded in accordance with the following: ENR. S. B. NO. 1624 Page 2 1. Eligibility. Each full -time or part-time resident student will shall be eligible to receive a grant in an amount as provided in paragraph 2 of this section. The Oklahoma State Regents for Higher Education shall determine by rules and regulations the maximum number of semesters a student may be eligible for grants. No student shall be eligible for grants unless the student maintains such minimum standards of academic performance as are required by the institution in which the student is enrolled. In the event a student for any reason ceases to continue to be enrolled during the course of an academic year, the student shall cease to be eligible for tuition aid .; and 2. Amount of grant. The amount of tui tion aid grant to any student under this act the Oklahoma Higher Education Tuition Aid Act for any semester shall represent a percentage not greater than seventy-five percent (75%) of the tuition and enrollment fees normally charged to residents of the State of Oklahoma this state by the institution of attendance. The Oklahoma State Regents for Higher Education shall determine by rules the annual maximum award amount based on an annual assessment of funds availability. Financial assistance received under this act the Oklahoma Higher Education Tuition Aid Act will shall be considered as part of a student’s financial aid package. SECTION 2. This act shall become effective July 1, 2024. SECTION 3. It being immediately neces sary for the preservation of the public peace, health, or safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. ENR. S. B. NO. 1624 Page 3 Passed the Senate the 4th day of March, 2024. Presiding Officer of the Senate Passed the House of Representatives the 24th day of April, 2024. Presiding Officer of the House of Representatives OFFICE OF THE GOVERNOR Received by the Office of the Governor this _______ _____________ day of _________________ __, 20_______, at _______ o'clock _______ M. By: _________________________________ Approved by the Governor of the State of Oklahoma this _______ __ day of _________________ __, 20_______, at _______ o'clock _______ M. _________________________________ Governor of the State of Oklahoma OFFICE OF THE SECRETARY OF STATE Received by the Office of the Secretary of State this _______ ___ day of _________________ _, 20 _______, at _______ o'clock _______ M. By: ____________________________ _____