Hope Scholarship accounts receive yearly deposits in four installments
Starting July 1, 2026, eligible students' yearly Hope Scholarship deposits are paid in four equal parts by set dates.
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What it does
The law splits each yearly Hope Scholarship deposit into four equal parts, with each part due by a set date.
Argument forFamilies may be able to plan around four set deposit dates for each student's yearly scholarship amount.
Argument againstFamilies may have to plan expenses around staggered deposits, since later portions of the yearly amount are not due until later dates.
More detail
The yearly required deposit is paid into each eligible recipient's account in four equal parts. The schedule applies to the total yearly deposit for an eligible recipient's Hope Scholarship account. Starting July 1, 2026, one quarter is due by August 15, October 15, January 15, and April 15 each year.
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More on this bill
Where it stands
Introduced
Passed House
Passed Senate
To Governor
Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Jun 29Chapter 129, Acts, Regular Session, 2026Latest