Promotes and expands access to state financial aid programs by determining which programs provide the greatest value to the largest number of students and by fully supporting those programs.

Designates all existing financial aid an "opportunity passport," with the effect of providing students with a clear understanding of available resources to pay for postsecondary education, thereby increasing access to postsecondary education and meeting the needs of local business and industry.

Directs the higher education coordinating board and institutions of higher education to coordinate the development of outreach tools, such as a web-based portal for information on all opportunity grant aid programs.