Modifying provisions in the advanced college tuition payment program.
Summary
Permits any Washington resident to purchase tuition units under the Guaranteed Education Tuition (GET) Program.
Protects the GET Program assets from bankruptcy proceedings.
Creates a single value for all payouts and refunds, based on the current value of tuition and fees at a public higher education institution rather than on a weighted average.
Excludes from coverage under the GET Program any portion of student services and activities fees used to pay for bonds or debt on capital facilities projects.
From the House Bill Report (SB 5926), written by the Legislature's nonpartisan staff. Read the full report ↗