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NH SB407
Bill
Status
11/18/2025
Primary Sponsor
James Gray
Click for details
AI Summary
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Appropriates $300 per full-time student eligible for in-state tuition at the University System of New Hampshire, beginning in fiscal year 2027
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Caps the total annual appropriation at $5,400,000 per year of the biennium
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Requires enrollment counts to be calculated every October 1 to determine funding amounts
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Funds are designated as non-lapsing and must be used to reduce in-state tuition costs for qualifying students
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Estimated expenditures are $2,988,300 in FY 2027, $3,012,300 in FY 2028, and $3,036,300 in FY 2029, based on projected enrollment of approximately 9,961-10,121 students
Legislative Description
Making an appropriation for each full-time student eligible for the in-state tuition rate enrolled in the university system of New Hampshire.
Last Action
Refer to Interim Study, Motion Adopted, Voice Vote; 02/19/2026; Senate Journal 4
2/12/2026