Senate Bill 150 took effect on January 1, 2020. The new law allows foster youth who receive a Chafee Education and Training Voucher to continue to receive funds for up to two years before losing access based on satisfactory academic progress standards. Prior to SB 150, funds were lost after just one year. The Chafee ETV is the only financial aid source created specifically for current and former foster youth. It provides up to $5,000 in financial aid each academic year to eligible foster youth.