The No More D.C. Waste Act prohibits the District of Columbia from carrying unspent federal funds forward into future years for its resident tuition support program. Starting in fiscal year 2026, any federal money designated for D.C. tuition assistance that has not been spent by the end of the fiscal year will automatically expire rather than remaining available for use in subsequent years. The bill also requires the District of Columbia's Chief Financial Officer to submit annual reports to Congress beginning in fiscal year 2025 detailing how tuition assistance funds were used, including the number of students served, average assistance amounts, and any unobligated funds. These changes are intended to encourage more efficient use of federal tuition support dollars and increase accountability for how the District manages these appropriations.