Bill Text: IA HF283 | 2015-2016 | 86th General Assembly | Introduced

Iowa House Bill 283 (Prior Session Legislation)

Introduced

Bill Title: A bill for an act relating to the time period over which payments are made under the all Iowa opportunity scholarship program. (Formerly HF 126)

Spectrum: Committee Bill

Status: (Engrossed - Dead) 2016-02-22 - Withdrawn. H.J. 282. [HF283 Detail]

Download: Iowa-2015-HF283-Introduced.html

House File 283 - Introduced




                                 HOUSE FILE       
                                 BY  COMMITTEE ON EDUCATION

                                 (SUCCESSOR TO HF 126)

                                      A BILL FOR

  1 An Act relating to the time period over which payments are made
  2    under the all Iowa opportunity scholarship program.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
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PAG LIN



  1  1    Section 1.  Section 261.87, subsection 3, Code 2015, is
  1  2 amended by striking the subsection and inserting in lieu
  1  3 thereof the following:
  1  4    3.  Extent of scholarship.  A qualified student at an
  1  5 eligible institution may receive scholarships for not more than
  1  6 the equivalent of two full=time academic years of undergraduate
  1  7 study, excluding summer semesters, or the equivalent.
  1  8 Scholarships awarded pursuant to this section shall be awarded
  1  9 on an annual basis and shall not exceed the lesser of the
  1 10 following, as determined by the commission:
  1 11    a.  The student's financial need.
  1 12    b.  One=half of the average resident tuition rate and
  1 13 mandatory fees established for institutions of higher learning
  1 14 governed by the state board of regents.
  1 15    c.  The resident tuition and mandatory fees charged for the
  1 16 program of enrollment by the eligible institution at which the
  1 17 student is enrolled.
  1 18                           EXPLANATION
  1 19 The inclusion of this explanation does not constitute agreement with
  1 20 the explanation's substance by the members of the general assembly.
  1 21    This bill authorizes a qualified student at an eligible
  1 22 institution, which is defined in the Code as a community
  1 23 college or regents university, to receive an all Iowa
  1 24 opportunity scholarship for not more than two full=time
  1 25 academic years of undergraduate study, excluding summer
  1 26 semesters. The scholarship must be awarded by the college
  1 27 student aid commission to the student on an annual basis.
  1 28 Under current law, a qualified student who receives the
  1 29 scholarship must each year meet the eligibility requirements
  1 30 established in the Code.
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