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GA HB700
Bill
Status
Passed
5/3/2018
Primary Sponsor
Dave Belton
Click for details
AI Summary
- Expands service cancelable educational loans for Georgia National Guard members from undergraduate-only to all degree programs, including graduate degrees
- Requires applicants to complete a FAFSA and apply for all other available grants, scholarships, tuition assistance, and VA educational benefits before seeking the loan
- Changes the loan eligibility cap from five academic years to 120 semester hours of study and extends eligibility to part-time students (previously limited to half-time)
- Establishes a two-year service requirement following the last period of study for loan cancellation, requiring recipients to maintain good standing in the Georgia National Guard; the adjutant general may waive this requirement for good cause
- Loans combined with other aid may not exceed actual tuition or the highest tuition charged by a Board of Regents postsecondary institution, whichever is less; loans must be repaid with interest if the recipient fails to maintain good military or academic standing
Legislative Description
Georgia Student Finance Authority; service cancelable educational loans; include graduate degree programs
Last Action
Effective Date
7/1/2018
Full Bill Text
No bill text available