2023 House Bill 4407

Higher education: financial aid; written disclosure from individuals who distributes FAFSA applications of potential payback situations for federal higher education tuition assistance that one might benefit from by filling out the FAFSA; require.

A bill to amend 1979 PA 94, entitled “The state school aid act of 1979,” by amending section 260 (MCL 388.1860), as amended by 2022 PA 144.

AI Analysis – Experimental

This bill aims to enhance the "Paying for College in Michigan" online resource, developed in collaboration with the Department of Treasury and various educational groups. Designed to aid students in grades 9-12, along with prospective and current students and their families, it offers a comprehensive guide on financial aid, student loans, and college cost estimation tools within Michigan. The resource features information on support centers, financial aid programs, promise zone websites, federal student loan benefits, direct links to net price calculators, and definitions and guidance on scholarships, grants, loans, borrowing, and repayment. The bill mandates universities and colleges receiving state appropriations to link to this resource on their websites and requires an annual update by November 1.

Introduced in the House

April 13, 2023

Introduced by Rep. Brad Paquette (R-37)

Referred to the Committee on Education