HB 2338: UNIVERSITY OF HAWAII; HAWAII COMMUNITY COLLEGE PROMISE PROGRAM

Addresses the change in federal law regarding Pell Grants by amending the Hawaii Community College Promise Program (Hawaii Promise) to provide scholarships for ninety-five percent of a student's unmet direct cost need and exclude grants, scholarships, and other funding sources from the calculation of Hawaii Promise awards, thereby allowing students to apply such funds toward indirect costs, including housing, food, and other living expenses, to reduce financial barriers and support student success.  Changes Hawaii Promise from being a last-dollar award.  Authorizes Hawaii Promise to coordinate with federal student aid programs to maximize total financial assistance available to students.  Effective 7/1/2026.  (CD1)