ok-986: State Regents for Higher Education — Student Financial Aid and Scholarships
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The proposed Oklahoma Tuition Aid Grant (OTAG) changes are intended to support the State Regents' goal to increase the number of college graduates in Oklahoma and to comply with changes in law. These proposed rules are necessary to comply with the changes to 70 O.S. § 626.6 made by SB 11 and changes to 70 O.S. § 626.7 made by SB 1624. Both bills became effective July 1, 2024. These rules also address the federal FAFSA Simplification Act requirements for the 2024-25 award year. The proposed rule revisions address the following three issues: adjusting to match the new Free Application for Federal Student Aid (FAFSA) reporting language for student income verification, expanding eligibility to incarcerated students to align with Senate Bill 11, and to expand eligibility to students with intellectual disabilities enrolled in a Comprehensive Transition Program (CTP) approved by the United States Department of Education. Language Alignment with the FAFSA Simplification Act To align with the FAFSA Simplification Act requirements for the 2024-25 award year, income will be verified using the Student Aid Index (SAI) instead of Expected Family Contribution (EFC). The SAI continues to use the same financial information from the FAFSA as the EFC did but calculates a different index number. The index was created to more accurately reflect a family’s financial situation and need for financial aid. Expanding Eligibility to Incarcerated Students In the 2024 legislative session Senate Bill 11 passed almost unanimously out of both the House and the Senate and was signed into law on May 23, 2024. The bill allows an incarcerated individual who is enrolled in a Prison Education Program (PEP) and is within five (5) years of being released to be eligible for OTAG. However, incarcerated individuals enrolled in virtual learning programs are ineligible. Expanding Eligibility to Individuals with Intellectual Disabilities Enrolled in CTP Programs In the 2024 legislative session Senate Bill 1624 passed almost unanimously out of both the House and the Senate and was signed into law on April 30, 2024. The bill allows a student with an intellectual disability who is enrolled in a CTP program approved by the United States Department of Education to be eligible for OTAG.
The agency’s own summary, as published.
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