In addition to other eligibility requirements outlined in this chapter, students who demonstrate financial need are eligible to receive the Washington college grant. Beginning with the 2025-26 academic year, students with family incomes between zero and 60 percent of the state median family income, adjusted for family size, shall receive the maximum Washington college grant as defined in RCW 28B.92.030. Grants for students with incomes between 61 and 100 percent of the state median family income, adjusted for family size, shall be prorated at the following percentages of the maximum Washington college grant amount:
(1) 60 percent for students with family incomes between 61 and 65 percent of the state median family income;
(2) 50 percent for students with family incomes between 66 and 70 percent of the state median family income;
(3) 24.5 percent for students with family incomes between 71 and 75 percent of the state median family income; and
(4) 10 percent for students with family incomes between 76 and 100 percent of the state median family income.