FL S1484

Expands eligibility for Florida Private Student Assistance Grant Program to include full-time degree-seeking students at competency-based nonprofit virtual postsecondary institutions, in addition to existing baccalaureate-degree-granting independent nonprofit colleges and universities.

Requires eligible virtual postsecondary institutions to be accredited by a member of the Council of Regional Accrediting Commissions and created by governors of several states.

Requires virtual postsecondary institutions to maintain a location of operation in Florida and establish a governing body or advisory board in the state.

Maintains existing grant requirements including demonstrated unmet need of at least $200, maximum award amounts per the General Appropriations Act, and limitation of 9 semesters or 14 quarters of full-time enrollment.

Takes effect July 1, 2021.