An Act expanding access to the Higher Education Endowment Matching Program

This bill expands the Higher Education Endowment Matching Program in Massachusetts to include non-profit colleges that offer free, two-year accredited associate degree programs specifically for low-income women. Under the new provisions, the state will match private donations made to these institutions' endowments or capital projects at a rate of one dollar for every two dollars contributed, subject to annual budget approval. The legislation aims to increase financial support for these targeted educational programs by leveraging private funding through state matching funds.