Senate Bill 437 Summary

• Establishes a state postsecondary attainment goal for North Carolina to have 2,000,000 residents between ages 25-44 complete a high-quality credential or degree by 2030.

• Appropriates $43.6 million for University of North Carolina summer course enrollment and $10 million for summer scholarships to reduce time to degree and increase graduation rates.

• Provides $4 million for scholarships to community college transfer students and $300,000 for open educational resources to reduce textbook costs.

• Appropriates $11.5 million to eliminate funding disparity for short-term workforce training programs leading to state or industry-recognized credentials in community colleges.

• Increases funding for NC Career Coach Program by $2.8 million to place additional career coaches in public high schools and establishes tier-based local matching fund requirements based on county economic development status.