Faster College Degrees and Lower Costs for High School Students
This law establishes grant programs for states to allow high school students to earn their first year of college credit for free before graduation. The goal is to significantly reduce the overall cost of higher education and accelerate degree completion. Furthermore, eligible high school students can now receive Federal Pell Grants for their advanced coursework, and scholarships are provided for those who graduate high school early.
Key points
High school students can earn the equivalent of the first year of college for free (tuition, fees, books) through the "Early College Fast Track" pathway.
Eligible high school students can receive Federal Pell Grants for up to two semesters without affecting their lifetime Pell Grant eligibility limit.
States must create universal agreements ensuring college credits earned in high school transfer seamlessly to all public state institutions.
The programs prioritize expanding access and financial support for low-income and first-generation college students.
Expired
Additional Information
Print number: 118_S_3952
Sponsor: Sen. Hassan, Margaret Wood [D-NH]
Process start date: 2024-03-14