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AZ HB2752
Bill
Status
2/10/2025
Primary Sponsor
Mariana Sandoval
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AI Summary
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Establishes a $300 annual surcharge on tuition paid by out-of-state students at Arizona universities and community colleges, with collected funds deposited into a new Arizona Higher Education Financial Aid Program Fund.
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Creates the Arizona Higher Education Financial Aid Program administered by the Arizona Board of Regents to provide financial aid to Arizona resident students enrolled in regents universities or community college districts.
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Requires qualifying students to be state residents, maintain a minimum 2.0 grade point average, and be enrolled in eligible institutions; funds distributed annually on or before August 1 to cover full tuition and fees.
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Allocates $500,000 from the state general fund in fiscal year 2025-2026 to the program fund, with the board authorized to retain up to 5 percent of fund monies annually for administrative costs.
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Requires a two-thirds vote in both legislative chambers for enactment and becomes effective immediately upon the governor's signature.
Legislative Description
Financial aid program; tuition surcharge
Education - Title 15
Last Action
House read second time
2/11/2025