The main purpose of this legislation is to amend the Higher Education Act of 1965 to increase the maximum stipend amounts provided to participants in Upward Bound projects. Upward Bound is a program designed to help low-income and first-generation college students prepare for higher education. Key provisions of the legislation include significant increases in stipend amounts for participants in Upward Bound projects. For the fiscal year 2027, the monthly stipend for youths will rise from $60 to 80, and the maximum monthly stipend will increase from $300 to $900.