SF 130 (LSB 1327SV (3) 86)

MAKING CHANGES TO CERTAIN LIMITATIONS WITHIN THE NATIONAL GUARD EDUCATIONAL ASSISTANCE PROGRAM.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 261.86, subsection 3, Code 2015, is amended to read as follows:
   3.  a.  An eligible member of the national guard, attending an institution as provided in subsection 1, paragraph “d”, as a full-time student, shall not receive educational assistance under this section for more than eight semesters, or if attending as a part-time student for not more than sixteen semesters, one hundred twenty credit hours of undergraduate study, or the trimester or quarter equivalent. A national guard member who has met the educational requirements for a baccalaureate degree is ineligible for educational assistance under this section.
   b.  A member of the national guard who received educational assistance under this section prior to July 1, 2015, shall be deemed to have received educational assistance for the following number of credit hours for educational assistance received before that date:
   (1)  For each semester that the member received educational assistance while attending an institution as a full-time student, twelve credit hours.
   (2)  For each semester that the member received educational assistance while attending an institution as a part-time student, six credit hours.
   (3)  For each trimester or quarter that the member received educational assistance while attending an institution as a full-time or part-time student, the number of credit hours that are determined to be the semester equivalent by the college student aid commission.

______________________________
PAM JOCHUM

President of the Senate

______________________________
KRAIG PAULSEN

Speaker of the House

   I hereby certify that this bill originated in the Senate and is known as Senate File 130, Eighty-sixth General Assembly.

______________________________
MICHAEL E. MARSHALL

Secretary of the Senate
Approved _______________, 2015

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TERRY E. BRANSTAD

Governor