AZ SB1195

Amends section 15-1877 of Arizona Revised Statutes to correct the reference from "Subsection A" to "Subsection A of this section" in subsection B for clarity and proper statutory citation.

Corrects grammatical language in subsection C by changing "conditions exist" to "conditions exists" to match proper verb-subject agreement.

Removes an unnecessary comma after "the financial aid trust fund" in subsection B to improve punctuation consistency.

Maintains existing law that college savings plan account balances are not considered assets or scholarships when determining student financial need for state financial assistance programs.

Preserves exceptions allowing different treatment of account balances when required by federal law, federal benefits provisions, or specific grant requirements.