Text: HF00343 Text: HF00345 Text: HF00300 - HF00399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 261.22 IOWA WINS SCHOLARSHIP 1 2 PROGRAM – APPROPRIATION. 1 3 1. Subject to an appropriation of sufficient funds by the 1 4 general assembly, there is established an Iowa wins 1 5 scholarship program to be administered by the college student 1 6 aid commission. A resident of this state who graduated, or 1 7 within one year will graduate, from an accredited secondary 1 8 school in this state and who has been admitted to or is 1 9 attending as a full-time or part-time student an institution 1 10 of higher education under the state board of regents, a 1 11 community college, an accredited private institution as 1 12 defined in section 261.9, subsection 1, or a postsecondary 1 13 institution that meets the requirements of chapter 261B, is 1 14 eligible for the following scholarship amounts: 1 15 a. Up to two thousand dollars if the person ranked in the 1 16 upper twenty-five percent of their secondary school class at 1 17 the end of grade twelve. 1 18 b. Up to one thousand dollars for all other graduates of 1 19 accredited secondary schools in this state. 1 20 2. By June 30 of the school year in which a student 1 21 completes grade twelve, each accredited public and nonpublic 1 22 secondary school in Iowa shall include in the student's 1 23 transcript the student's class percentile rank. 1 24 3. A person who meets the qualifications of subsection 1 1 25 may apply to the commission for an Iowa wins scholarship at 1 26 any time within one year following the person's graduation 1 27 from an accredited secondary school in this state. However, 1 28 once approved for a scholarship under this section, the person 1 29 may receive Iowa wins scholarship moneys for not more than 1 30 twelve months. 1 31 4. The amount of an Iowa wins scholarship shall not exceed 1 32 the total tuition and mandatory fees for attending a 1 33 postsecondary institution as provided in subsection 1. 1 34 5. Scholarship moneys may be awarded for full-time or 1 35 part-time study during the fall, spring, or summer semesters, 2 1 or the trimester or quarter equivalent. 2 2 6. The commission shall administer this program and shall 2 3 do all of the following: 2 4 a. Provide application forms for distribution to students 2 5 by Iowa high schools. 2 6 b. Adopt rules for determining financial need, defining 2 7 residence for the purposes of this section, and for processing 2 8 and approving applications for scholarships. 2 9 c. Make an annual report to the governor and general 2 10 assembly. 2 11 7. Each applicant, in accordance with the rules 2 12 established by the commission, shall do all of the following: 2 13 a. Complete and file an application for an Iowa wins 2 14 scholarship. 2 15 b. Report promptly to the commission any necessary 2 16 information requested by the commission. 2 17 8. If a recipient of scholarship moneys issued in 2 18 accordance with this section is dismissed or withdraws from 2 19 the postsecondary institution before completion of the term, 2 20 the award, or the portion of the award that conforms with that 2 21 institution's accepted policy of refunds, shall be refunded to 2 22 the commission. 2 23 9. There is appropriated annually from the general fund of 2 24 the state to the college student aid commission an amount 2 25 sufficient to carry out the provisions of this section. 2 26 EXPLANATION 2 27 This bill establishes the Iowa wins scholarship program for 2 28 residents who graduated from accredited Iowa high schools and 2 29 who have been admitted to or are attending an institution of 2 30 higher education under the state board of regents; a community 2 31 college; an accredited private institution; or a postsecondary 2 32 institution that meets the requirements of chapter 261B, which 2 33 requires certain schools to register with the secretary of 2 34 state. The bill creates a standing unlimited appropriation 2 35 from the general fund of the state to pay for the program. 3 1 A person who ranked in the upper 25 percent of their class 3 2 at the end of grade 12 is eligible for a scholarship of up to 3 3 $2,000 and all other Iowa high school graduates are eligible 3 4 for a scholarship up to $1,000. 3 5 By June 30 of the school year in which a student completes 3 6 grade 12, each accredited public and nonpublic secondary 3 7 school in Iowa is directed to include in each student's 3 8 transcript the student's class percentile rank. 3 9 A person may apply to the commission for an Iowa wins 3 10 scholarship at any time within one year following the person's 3 11 graduation from high school. However, once approved for a 3 12 scholarship under this section, the person may receive Iowa 3 13 wins scholarship moneys for not more than 12 months. 3 14 The amount of an Iowa wins scholarship shall not exceed the 3 15 total tuition and mandatory fees. 3 16 Scholarship moneys may be awarded for full-time or part- 3 17 time study during the fall, spring, or summer semesters, or 3 18 the trimester or quarter equivalent. 3 19 If a recipient of Iowa wins scholarship moneys issued in 3 20 accordance with this section is dismissed or withdraws from 3 21 the postsecondary institution before completion of the term, 3 22 the award, or the portion of the award that conforms with that 3 23 institution's accepted policy of refunds, shall be refunded to 3 24 the commission. 3 25 The commission is directed, under the bill, to report 3 26 annually to the governor and general assembly. 3 27 LSB 1467YH 77 3 28 kh/cf/24.1
Text: HF00343 Text: HF00345 Text: HF00300 - HF00399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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