AB 990

The bill creates a new grant program administered by the Board of Regents of

the University of Wisconsin System. This program provides grants in the form of

“last-dollar awards” to supplement the gap between any scholarships or grants that

an eligible student receives outside of this program and the full cost of tuition and

segregated fees during either eight consecutive semesters for incoming freshmen or

four consecutive semesters for incoming transfer students. Summer terms are not

counted in the consecutive semester count, and students may not receive the grants

for summer terms. Students eligible for the grants must be new incoming students

enrolled in their first bachelor's degree whose household federal adjusted gross

income is equal to or less than $60,000 a year and must be enrolled in an on-campus

program at a UW System institution other than UW-Madison. The bill requires the

Board of Regents to promulgate rules to implement and administer the grant

program.