WV HB5362

Establishes income-based eligibility tiers for Hope Scholarship awards: families earning $75,000 or less receive full awards, $75,000-$100,000 receive 75%, $100,000-$125,000 receive 50%, $125,000-$150,000 receive 25%, and families earning over $150,000 are ineligible

Restricts Hope Scholarship tuition payments to in-state schools only, eliminating the ability to use funds for out-of-state educational institutions

Requires Hope Scholarship students to use standardized test preparation and exam services provided by local public schools when available, rather than paying for private alternatives

Mandates that county boards of education be reimbursed for services and activities provided to Hope Scholarship recipients, with the Department of Education establishing fee schedules to ensure proportionate repayment from scholarship funds

Requires parents to submit tax documents annually to verify income eligibility for continued participation in the Hope Scholarship Program