Nevada Assembly introduces comprehensive updates to financial aid waivers for students

The Senate Committee on Education convened on June 1, 2025, to discuss significant amendments to various student financial aid waivers in Nevada. The meeting focused on streamlining the language and requirements associated with these waivers to enhance accessibility for students.

The first major topic addressed was the standardization of language across different waivers. Assemblymember Howard Watts explained that previous waivers varied in terms of registration and mandatory fees. The new amendments ensure that all mandatory fees are included in the waiver process, thereby simplifying the financial obligations for students.

A key feature of the proposed changes is the establishment of a "last dollar" program. This means that after federal grants and state scholarships are applied, the waiver will cover any remaining costs, ensuring that students do not have to pay out-of-pocket for their classes. However, it was clarified that federal loans would not be considered as part of the financial assistance that triggers the waiver.

The committee also discussed the requirement for students to complete the Free Application for Federal Student Aid (FAFSA) or an alternative financial aid form. This requirement aims to encourage students to explore all available financial aid options. Additionally, the GPA requirement for waivers has been modified to align with federal standards for satisfactory academic progress, which focuses on overall student progression rather than a strict GPA threshold.

Specific attention was given to the Native American fee waiver. Adjustments were made to clarify eligibility criteria, ensuring that members or descendants of Nevada-based tribes, regardless of their residency, can access the waiver. The committee emphasized the importance of including indigenous students who may not be members of Nevada tribes but have grown up in the state.

The meeting also touched on the implications of these changes for students who may need to retake classes. While the specifics of waiver coverage for retakes were not fully resolved, it was noted that federal financial aid typically does not cover retakes of failed courses.

In terms of implementation, the committee decided that the hold harmless provision for current waiver recipients would take effect on July 1, 2025, while other amendments would be implemented in the following fiscal year, starting July 1, 2026. This timeline allows institutions to adjust their procedures and forms accordingly.

Overall, the committee expressed optimism that these changes would not only streamline the financial aid process but also reduce costs for institutions while providing better support for students. The discussions highlighted a commitment to ensuring that all eligible students, particularly those from underserved communities, have access to the financial resources necessary to complete their education.