Bill Text: IA SF349 | 2017-2018 | 87th General Assembly | Introduced

Iowa Senate Bill 349 (Prior Session Legislation)

Introduced

Bill Title: A bill for an act relating to the amount of tuition grant received by a qualified resident student. (Formerly SSB 1083.)

Spectrum: Committee Bill

Status: (Engrossed - Dead) 2017-03-16 - Pursuant to Rule 31.7, referred to Appropriations. H.J. 679. [SF349 Detail]

Download: Iowa-2017-SF349-Introduced.html


Senate File 349 - Introduced




                                 SENATE FILE       
                                 BY  COMMITTEE ON EDUCATION

                                 (SUCCESSOR TO SSB
                                     1083)

                                      A BILL FOR

  1 An Act relating to the amount of tuition grant received by a
  2    qualified resident student.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
    TLSB 2006SV (2) 87
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PAG LIN



  1  1    Section 1.  Section 261.12, subsection 1, Code 2017, is
  1  2 amended to read as follows:
  1  3    1.  The amount of a tuition grant to a qualified full=time
  1  4 student for the fall and spring semesters, or the trimester
  1  5 equivalent, shall be the amount of the student's financial need
  1  6 for that period. However, a tuition grant shall not exceed the
  1  7 lesser of:
  1  8    a.  The total average resident tuition and mandatory fees
  1  9 for that student for two semesters or the trimester or quarter
  1 10 equivalent, less the base amount determined annually by the
  1 11 college student aid commission, which base amount shall be
  1 12 within ten dollars of the average tuition for two semesters or
  1 13 the trimester equivalent of undergraduate study at the state
  1 14 universities under institutions of higher learning governed by
  1 15  the state board of regents, but in any event the base amount
  1 16 shall not be less than four hundred dollars; or
  1 17    b.  For the fiscal year beginning July 1, 2015, and for each
  1 18 succeeding fiscal year, six thousand dollars.
  1 19                           EXPLANATION
  1 20 The inclusion of this explanation does not constitute agreement with
  1 21 the explanation's substance by the members of the general assembly.
  1 22    This bill relates to the amount of an Iowa tuition grant
  1 23 that may be awarded by the college student aid commission to a
  1 24 qualified student enrolled full=time at an accredited private
  1 25 institution.  "Qualified student" is defined in current law as
  1 26 a resident student who has established financial need and who
  1 27 is making satisfactory progress toward graduation.
  1 28    Currently, the amount of a tuition grant to a full=time
  1 29 student is limited to the least of the student's financial
  1 30 need, $6,000, or the total tuition and mandatory fees for
  1 31 that student for two semesters, or the trimester or quarter
  1 32 equivalent, less the base amount, which is approximately the
  1 33 average tuition for two semesters at the regents universities
  1 34 but in any event not less than $400.  The bill eliminates
  1 35 the $6,000 limitation and establishes that the total amount
  2  1 of tuition grant to a full=time student shall not exceed the
  2  2 total average resident tuition and mandatory fees at a regents
  2  3 university.
       LSB 2006SV (2) 87
       kh/jh/rj