Debt-Free College Act: State-Federal Partnership for Affordable Higher Education.
This law establishes State-Federal partnerships aimed at ensuring eligible students can attend in-State public colleges without incurring debt. It provides significant federal grants to states that commit to covering the unmet financial need of students and cap tuition increases. Crucially, it also extends eligibility for federal financial aid to 'Dreamer students'.
Key points
Debt Elimination: Eligible students attending participating public institutions will have their full unmet financial need covered, potentially eliminating the need for student loans.
Tuition Cap: Public college tuition and fees in participating states will be capped at current levels, with increases limited only to the rate of inflation (CPI).
DREAMer Eligibility: Students classified as 'Dreamer students' will become eligible for federal financial aid programs, including the Federal Pell Grant.
Expired
Additional Information
Print number: 118_S_1848
Sponsor: Sen. Schatz, Brian [D-HI]
Process start date: 2023-06-07