Education (Student Financial Aid)

This bill adjusts Washington State's financial aid program for students attending private four-year colleges. It sets specific maximum grant amounts for private non-profit institutions ($9,739 through 2025-26, then 50% of public research institution awards starting 2026-27) and for private for-profit institutions (similar fixed amounts through 2025-26, transitioning to 50% of public awards in 2026-27). The policy directly affects students enrolled at eligible private four-year colleges in Washington, including both non-profit and for-profit institutions. The key change is shifting from fixed annual amounts to a formula tied to public institution awards beginning in 2026-27.

HB 2567 updates Washington's college grant program to adjust funding for students attending private four-year non-profit institutions. Starting in the 2026-27 academic year, the maximum grant amount for these students will be set at 50% of the average award given to students at public four-year institutions, replacing the previous fixed amount of $9,739 (adjusted annually for tuition growth). This change directly affects students enrolled at eligible private non-profit universities in Washington state who qualify for financial aid. The bill amends existing grant formulas to align private institution funding more closely with public institution awards, effective after the 2025-26 academic year.

SB 5789 restores the maximum state financial aid eligibility for the Washington College Grant program to 125 percent of the credits required to graduate, replacing a previous higher limit. This change directly affects eligible students pursuing postsecondary credentials who receive state aid, ensuring support aligns with standard program credit requirements. The bill amends key statutes to set this 125% cap, meaning aid will no longer cover credits beyond 125% of a program’s published length. It applies to students meeting financial need criteria and enrolled in Washington institutions or apprenticeships, maintaining existing eligibility rules for low-income residents. The policy update aims to streamline aid usage while preserving access for qualifying students.