HB 1812 Summary

• Modifies eligibility requirements for Access Missouri financial assistance by requiring applicants to be U.S. citizens or permanent residents, Missouri residents, full-time undergraduate students, and not pursuing theology or divinity degrees.

• Adjusts academic progress standards for renewal: students with fewer than 60 semester hours must maintain at least a 2.0 GPA, while students with 60 or more semester hours must maintain a 2.5 GPA.

• Changes award amounts for 2010-2014: public two-year institutions ($300-$1,000), public four-year institutions ($1,000-$2,150), and private institutions ($2,000-$4,600).

• Increases award amounts for 2014-2015 and beyond: public two-year institutions ($300-$1,300) and public four-year or private institutions ($1,500-$2,850).

• Removes the automatic sunset provision that would have ended the Access Missouri program and makes the repeal and reenactment of eligibility requirements effective immediately as an emergency measure.