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Bill

Bill

SB 50

Establishing uniform interest rate provisions for service scholarship programs administered by the Kansas board of regents, authorizing the board of regents to recover the costs of collecting such repayment and charge fees for administration costs, requiring eligible students to enter into agreements with the board of regents as a condition to receiving a grant under the adult learner grant act and sunsetting the low-income family postsecondary savings accounts incentive program in 2028 and reducing the number of audits required for such program.

2025-2026 Regular Session

Kansas authorizes uniform interest rates and collection fees on service scholarships while sunsetting low-income savings incentive program and requiring repayment agreements for adult learner grants.

Enrolled and presented to Governor on Friday, April 4, 2025
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Bill Summary · SB 50

Legislative bill overview

SB 50 establishes uniform interest rate provisions for service scholarship repayment programs under the Kansas Board of Regents and authorizes the board to recover collection and administration costs through fees. The bill also requires eligible students receiving Adult Learner Grants to sign repayment agreements with the board, while sunsetting the low-income family postsecondary savings accounts program in 2028 and reducing audit requirements for that program.

Why is this important

This bill affects student borrowing costs and repayment obligations for Kansas scholarship recipients, potentially increasing the total cost of borrowing through service scholarships. It also reshapes state support for low-income student savings by eliminating one incentive program in 2028, which could reduce access to savings-based financial aid pathways for disadvantaged families.

Potential points of contention

  • Cost burden on borrowers: Allowing the Board of Regents to charge administrative and collection fees on top of interest rates increases the true cost of borrowing, potentially affecting affordability for lower-income scholarship recipients
  • Mandatory repayment agreements: Requiring Adult Learner Grant recipients to sign binding repayment agreements as a condition of receiving grants may deter participation from vulnerable student populations
  • Elimination of savings incentive program: Sunsetting the low-income family postsecondary savings accounts program removes a wealth-building tool for disadvantaged families without clear replacement mechanisms

Compiled from official sources — confirm details with the bill’s official record.

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