House Study Bill 590 HOUSE FILE BY (PROPOSED COMMITTEE ON EDUCATION BILL BY CHAIRPERSON TYMESON) Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act establishing a jump=start grant program for the 2 postsecondary education expenses of Iowa students who receive 3 high school diplomas prior to enrollment as high school 4 seniors. 5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 6 TLSB 5126YC 81 7 kh/sh/8 PAG LIN 1 1 Section 1. NEW SECTION. 261.89 JUMP=START GRANT PROGRAM. 1 2 1. PROGRAM ESTABLISHED. A jump=start grant program is 1 3 established to be administered by the commission. 1 4 2. ELIGIBILITY. A grant under the jump=start grant 1 5 program may be awarded to a resident of Iowa who meets the 1 6 following criteria: 1 7 a. On or after July 1, 2006, received a high school 1 8 diploma from a school district not later than the end of the 1 9 semester or school year in which the student is enrolled as a 1 10 junior. 1 11 b. Is admitted and in attendance as a full=time or part= 1 12 time resident student at a community college as defined in 1 13 section 260C.2, an institution of higher learning under the 1 14 control of the board of regents, or an accredited private 1 15 institution as defined in section 261.9. 1 16 3. GRANT AMOUNT. The amount of the grant awarded to an 1 17 eligible student shall be as follows: 1 18 a. To a full=time student, an amount equal to the state 1 19 cost per pupil or five thousand dollars, whichever is greater. 1 20 b. To a part=time student, an amount equivalent to the 1 21 amount paid to a full=time student, but prorated based on the 1 22 number of semester hours, or the trimester or quarter 1 23 equivalent, for which the part=time student is enrolled. 1 24 4. EXCESS GRANT MONEYS. Notwithstanding subsection 3, if 1 25 the grant amount exceeds the amount necessary to pay the 1 26 student's educational expenses for an academic year, the 1 27 commission shall retain the excess grant moneys for the 1 28 student's educational expenses for not more than the two 1 29 consecutive academic years. If the student fails to enroll 1 30 and attend a community college as defined in section 260C.2, 1 31 an institution of higher learning under the control of the 1 32 board of regents, or an accredited private institution as 1 33 defined in section 261.9 by June 30 of the third consecutive 1 34 academic year, the grant moneys retained for the student by 1 35 the commission shall revert to the general fund of the state. 2 1 5. REFUND. If the student discontinues attendance before 2 2 the end of any term after receiving payment of the grant, the 2 3 entire amount of any refund due that student, up to the amount 2 4 of any payments made under the annual grant, shall be paid by 2 5 the institution to the state. 2 6 6. DEFINITIONS. As used in this division, unless the 2 7 context otherwise requires: 2 8 a. "Commission" means the college student aid commission. 2 9 b. "Educational expenses for an academic year" means the 2 10 following: 2 11 (1) Tuition and fees normally assessed a student carrying 2 12 the same academic workload as determined by the institution, 2 13 and including costs for rental or purchase of any equipment, 2 14 materials, or supplies required of all students in the same 2 15 course of study. 2 16 (2) An allowance for books, supplies, transportation, and 2 17 miscellaneous personal expenses, including a reasonable 2 18 allowance for the documented rental or purchase of a personal 2 19 computer, for a student enrolled at an accredited private 2 20 institution, community college, or board of regents' 2 21 university in a course of study including at least six 2 22 semester hours or the trimester or quarter equivalent of six 2 23 semester hours. 2 24 (3) An allowance, as determined by the appropriate 2 25 accredited postsecondary educational institution, for room and 2 26 board costs incurred by the student which shall be based on 2 27 the expenses reasonably incurred for room and board at the 2 28 institution by a student without dependents. 2 29 c. "Full=time student" means an individual who is enrolled 2 30 at an accredited private institution, community college, or 2 31 board of regents university for at least twelve semester hours 2 32 or the trimester or quarter equivalent. 2 33 d. "Part=time student" means an individual who is enrolled 2 34 at an accredited private institution, community college, or 2 35 board of regents university for at least three semester hours 3 1 or the trimester or quarter equivalent, but for less than 3 2 twelve semester hours or the trimester or quarter equivalent. 3 3 7. ELIGIBILITY ESTIMATION. The department of education 3 4 shall annually provide to the general assembly an estimate of 3 5 the number of sophomore high school students in Iowa who, in 3 6 the next succeeding school year, will be eligible to receive a 3 7 high school diploma. 3 8 8. RULES. The commission shall adopt rules pursuant to 3 9 chapter 17A to administer this division. 3 10 EXPLANATION 3 11 This bill establishes a jump=start grant program for Iowa 3 12 high school students who, on or after July 1, 2006, receive a 3 13 diploma from a public high school by the end of their junior 3 14 year. The students must be residents of Iowa who are admitted 3 15 and in attendance as a full=time or part=time resident student 3 16 at an accredited Iowa postsecondary institution. The program 3 17 is to be administered by the college student aid commission. 3 18 The amount of the grant awarded to a full=time student is 3 19 an amount equal to the state cost per pupil or $5,000, 3 20 whichever is greater. The amount to a part=time student is 3 21 prorated. However, if the grant amount exceeds the amount 3 22 necessary to pay the student's educational expenses for an 3 23 academic year, the commission is directed to retain the excess 3 24 grant moneys for the student's educational expenses in the 3 25 next two consecutive academic years. If the student fails to 3 26 enroll and attend an accredited Iowa postsecondary institution 3 27 by June 30 of the third consecutive academic year, the grant 3 28 moneys retained for the student's use by the commission revert 3 29 to the general fund of the state. 3 30 The bill directs the department of education to annually 3 31 provide the general assembly with an estimate of the number of 3 32 high school sophomores in Iowa who, in the next succeeding 3 33 school year, will be eligible to receive a high school 3 34 diploma. 3 35 LSB 5126YC 81 4 1 kh:rj/sh/8.1