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HB 515UTAHSession 2026State Billdead
Did Not Advance

Utah creates Graduate Student Supplemental Revolving Loan Fund to bridge federal aid gaps

Original title: Graduate Student Supplemental Loans

Last action · March 6, 2026: House/ filedSponsor: Jen Dailey-Provost

Bill progressHistory & official text ↓
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

Official description

This bill establishes the Graduate Student Supplemental Revolving Loan Fund to provide supplemental financial aid to certain graduate students.

Why it matters

Graduate students in fields like nursing, social work, and education whose expenses surpass federal loan caps gain access to supplemental state-backed borrowing options.

Background
  • Revolving loan funds in Utah are established statutory accounts managed under specific state standards to provide ongoing financial support for targeted public purposes. context
  • The Higher Education Appropriations Subcommittee reviews budget and financial matters related to Utah's higher education system. context

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

eligible graduate students

Eligible graduate students gain access to competitive low-interest loans to cover costs exceeding federal financial aid limits.

Directly affected

Utah Board of Higher Education

The board is required to administer the fund, establish administrative rules, provide loans, and submit annual reports.

Directly affected

Division of Finance

The division must establish standards and procedures for the revolving loan fund regarding payment schedules, interest rates, and documentation.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who qualifies for the supplemental loans?
Students enrolled in a degree-granting institution in a graduate program that does not meet the federal definition of a professional degree program for federal financial aid borrowing limits, where program costs exceed federal limits.
What money makes up the revolving loan fund?
The fund consists of unspent s from degree-granting institutions as of July 1, 2027, legislative appropriations, public or private grants and contributions, and collected loan repayments.
Who manages and oversees the new loan program?
The Utah Board of Higher Education administers the fund, establishes rules for lending and repayment, and reports annually to the governor and the Higher Education Appropriations Subcommittee.

What else do you want to know?

News Coverage

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Votes, people, money & the original source

Where This Stands

This bill did not become law - Died at adjournment · in House committee.

Procedural history

20 actions
  1. Mar 6, 2026House
    House/ filed
  2. Mar 6, 2026House
    House/ strike enacting clause
  3. Mar 5, 2026House
    House/ comm rpt/ sent to Rules
  4. Mar 2, 2026House
    House Comm - Recommends Returned to Rules
  5. Feb 19, 2026House
    House Comm - Held
  6. Feb 17, 2026HouseCommittee
    House/ to standing committee
Show 14 earlier actions
  1. Feb 17, 2026House Rules Committee
    Bill Substituted by Sponsor in House Rules Comm
  2. Feb 13, 2026Released
    LFA/ fiscal note publicly available for HB0515S01
  3. Feb 13, 2026Version Sponsor
    LFA/ fiscal note sent to sponsor for HB0515S01
  4. Feb 12, 2026Legislative Fiscal Agency
    LFA/ bill sent to agencies for fiscal input for HB0515S01
  5. Feb 12, 2026Legislative Fiscal Analyst
    LFA/ bill assigned to staff for fiscal analysis for HB0515S01
  6. Feb 12, 2026House
    House/ received fiscal note from Fiscal Analyst
  7. Feb 12, 2026Released
    LFA/ fiscal note publicly available for HB0515
  8. Feb 11, 2026Version Sponsor
    LFA/ fiscal note sent to sponsor for HB0515
  9. Feb 9, 2026HouseIntroduced
    House/ 1st reading (Introduced)
  10. Feb 9, 2026House
    House/ received bill from Legislative Research
  11. Feb 9, 2026Legislative Fiscal Agency
    LFA/ bill sent to agencies for fiscal input for HB0515
  12. Feb 9, 2026Legislative Fiscal Analyst
    LFA/ bill assigned to staff for fiscal analysis for HB0515
  13. Feb 9, 2026Legislative Research and General Counsel
    Numbered Bill Publicly Distributed
  14. Feb 9, 2026Legislative Research and General Counsel
    Bill Numbered but not Distributed

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Jen Dailey-ProvostHouse · District 22DemocraticPrimary sponsor

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Creation of Graduate Revolving Loan Mechanism

The bill expands Utah's established revolving loan fund framework (traditionally used for infrastructure, natural resources, and community impact) into higher education student lending.

Utah Board of Higher EducationDivision of Finance

Connected Entities

Utah Board of Higher Education, Division of Finance, Higher Education Appropriations Subcommittee
OrganizationUtah Board of Higher Education“Administers the fund, makes rules, and submits annual reports.”Map →
OrganizationDivision of Finance“Makes rules establishing standards and procedures for the revolving loan fund.”Map →
OrganizationHigher Education Appropriations Subcommittee“Receives annual reports from the Utah Board of Higher Education.”Map →

Sources

Open source document

le.utah.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 60)
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz25
    Current news / social attention level

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