HB 6583 Summary

• Allocates $25,500,000 for the Michigan Talent Pledge Scholarship Program administered by the Department of Treasury, with $20,000,000 designated for scholarships and stipends to low-income individuals pursuing high-demand field credentials.

• Provides $750 scholarship plus $250 stipend for 1-year credential programs, and $500 annual scholarship plus $250 annual stipend for 2-year credential programs, distributed across 3 cohorts over 4 years.

• Requires eligible applicants to be Michigan residents age 16-45 with high school diploma, annual income at or below 133% of federal poverty guidelines, full-time enrollment in qualifying programs using competency-based instruction, and maintain 2.5 GPA or equivalent progress.

• Allocates $2,440,000 for coaching/mentoring grants to postsecondary institutions and $2,300,000 for district grants ($500 per student) for students earning in-demand workforce certificates in high-demand fields during 2019-2020.

• Modifies grant distribution requirements for talent pledge funds under sections 297a, 297b, and 297d, changing minimums from fixed percentages (50%-30%-20%) to "at least" thresholds (45%-25%-15%) for tier 1, 2, and 3 districts respectively.