H.B. 515: Graduate Student Supplemental Loans
2026 General Session · Originating chamber: House
What the bill does
Did not pass both chambers; the bill was filed on March 6, 2026.
This bill establishes the Graduate Student Supplemental Revolving Loan Fund to provide supplemental financial aid to certain graduate students.
- Defines terms
- Establishes the Graduate Student Supplemental Revolving Loan Fund (fund) to provide supplemental financial aid to certain graduate students for whom the cost of graduate programs exceeds new federal financial aid limits
- Requires the Utah Board of Higher Education to: administer the fund; make rules to provide the supplemental loans; and annually report to the governor and the Higher Education Appropriations Subcommittee
- Adds the fund to a list of revolving loan funds for Division of Finance rulemaking
- Makes technical changes
How it moved
- · House1st reading (Introduced)
- · Houseto standing committee
- · HouseHouse Comm - Recommends Returned to Rules
- · Housefiled
Fiscal note
- State revenue: New Account Created By Bill (FN Only), One-time Enactment of this legislation could deposit $158,512,400 into the newly created Graduate Student Supplemental Revolving Loan Account in FY 2028.
- State expenditures: New Account Created By Bill (FN Only) New Account Created By Bill (FN Only), One-time Enactment of this legislation could result in a net sweep of unspent funds at degree-granting institutions of $158,512,400 one-time in FY 2028 broken down as follows: Salt Lake Community College, $18,024,000; Snow College, $4,529,400; Southern Utah University, $8,732,100; University of Utah, $70,001,400; Utah State University,…
- Local government: Enactment of this legislation likely will not result in direct, measurable costs for local governments.
- Individuals and businesses: Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses.
Bill overview
Sponsor: Jennifer Dailey-Provost
Legislature passed-list status: Not available in the saved metadata.
Latest recorded action
filed
The full step list is above. Find the bill in the official session list for status, hearings and committee records.
Recorded floor votes
No floor-vote records for this bill and session are available here. This does not mean no vote occurred; consult the official bill record.
Ledger coverage
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