Higher education: financial aid; qualified educational expenses under the promise zone authority act; modify. Amends sec. 3 of 2008 PA 549 (MCL 390.1663).

This bill amends the Michigan Promise Zone Authority Act to update the definitions of key terms used in the program. It clarifies who qualifies as an eligible entity, such as local school districts in areas with high poverty rates, and expands what counts as qualified educational expenses to include costs like housing, food, and computer equipment. The changes ensure that local governments have a clearer framework for committing financial resources to help students from these specific communities pay for postsecondary education and vocational training.