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Text: H05365                            Text: H05367
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House Amendment 5366

Amendment Text

PAG LIN
  1  1    Amend House File 2477 as follows:
  1  2    #1.  Page 3, by inserting after line 25 the
  1  3 following:
  1  4    "Sec. 101.  Not later than September 1, 1996, the
  1  5 college student aid commission shall compile a list of
  1  6 affected students receiving tuition grants during the
  1  7 fiscal year beginning July 1, 1995, and who
  1  8 transferred from a nonaccredited to an accredited
  1  9 private institution for the fiscal year beginning July
  1 10 1, 1996.  If the student meets all financial aid
  1 11 criteria as set forth by the commission, the
  1 12 transferring affected student may continue to receive
  1 13 a tuition grant for the fiscal year beginning July 1,
  1 14 1996.  The commission shall calculate the funds
  1 15 remaining from tuition grants awarded to affected
  1 16 students who do not transfer to an accredited private
  1 17 institution in the fiscal year beginning July 1, 1996.
  1 18 Notwithstanding section 261.25, subsection 1, of these
  1 19 remaining funds, the first $150,000 shall be used to
  1 20 provide loan forgiveness for individuals who meet the
  1 21 requirements of section 261.71, and any excess
  1 22 remaining funds shall be used for tuition grants.  For
  1 23 purposes of this paragraph, "affected student" means a
  1 24 qualified student for whom payment of a tuition grant
  1 25 was made under section 261.13 for one or more
  1 26 semesters or trimesters while the student was
  1 27 attending a private institution which was accredited
  1 28 as defined in section 261.9 for the fiscal year
  1 29 beginning July 1, 1995, but which does not meet the
  1 30 requirements for an accredited private institution for
  1 31 the fiscal year beginning July 1, 1996."
  1 32    #2.  By renumbering, relettering, and redesignating
  1 33 as necessary.  
  1 34 
  1 35 
  1 36                              
  1 37 VAN FOSSEN of Scott
  1 38 
  1 39 
  1 40                              
  1 41 MARTIN of Scott
  1 42 
  1 43 
  1 44                              
  1 45 MILLAGE of Scott
  1 46 
  1 47 
  1 48                              
  1 49 GRUBBS of Scott
  1 50 
  2  1 
  2  2                              
  2  3 HARRISON of Scott
  2  4 
  2  5 
  2  6                              
  2  7 BRADLEY of Clinton
  2  8 HF 2477.511 76
  2  9 kh/jw
     

Text: H05365                            Text: H05367
Text: H05300 - H05399                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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