Senate
Study
Bill
1083
-
Introduced
SENATE
FILE
_____
BY
(PROPOSED
COMMITTEE
ON
EDUCATION
BILL
BY
CHAIRPERSON
SINCLAIR)
A
BILL
FOR
An
Act
relating
to
the
amount
of
tuition
grant
received
by
a
1
qualified
resident
student.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
TLSB
2006XC
(3)
87
kh/jh/rj
S.F.
_____
Section
1.
Section
261.12,
subsection
1,
Code
2017,
is
1
amended
to
read
as
follows:
2
1.
The
amount
of
a
tuition
grant
to
a
qualified
full-time
3
student
for
the
fall
and
spring
semesters,
or
the
trimester
4
equivalent,
shall
be
the
lesser
of
the
amount
of
the
student’s
5
financial
need
for
that
period
.
However,
a
tuition
grant
shall
6
not
exceed
the
lesser
of:
7
a.
The
or
an
amount
equivalent
to
the
total
tuition
8
and
mandatory
fees
for
that
student
for
two
semesters
or
9
the
trimester
or
quarter
equivalent,
less
the
base
amount
10
determined
annually
by
the
college
student
aid
commission,
11
which
base
amount
shall
be
within
ten
dollars
of
the
average
12
tuition
for
two
semesters
or
the
trimester
equivalent
of
13
undergraduate
study
at
the
state
universities
under
the
board
14
of
regents,
but
in
any
event
the
base
amount
shall
not
be
less
15
than
four
hundred
dollars
;
or
16
b.
For
the
fiscal
year
beginning
July
1,
2015,
and
for
each
17
succeeding
fiscal
year,
six
thousand
dollars
.
18
EXPLANATION
19
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
20
the
explanation’s
substance
by
the
members
of
the
general
assembly.
21
This
bill
removes
the
$6,000
limitation
on
the
amount
of
an
22
Iowa
tuition
grant
that
may
be
awarded
by
the
college
student
23
aid
commission
to
a
qualified
student
enrolled
full-time
at
an
24
accredited
private
institution.
“Qualified
student”
is
defined
25
in
current
law
as
a
resident
student
who
has
established
26
financial
need
and
who
is
making
satisfactory
progress
toward
27
graduation.
28
Currently,
the
amount
of
a
tuition
grant
to
a
full-time
29
student
is
limited
to
the
least
of
the
student’s
financial
30
need,
$6,000,
or
the
total
tuition
and
mandatory
fees
for
31
that
student
for
two
semesters,
or
the
trimester
or
quarter
32
equivalent,
less
the
base
amount,
which
is
approximately
the
33
average
tuition
for
two
semesters
at
the
regents
universities.
34
The
bill
does
not
modify
the
current
provision
except
to
35
-1-
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2006XC
(3)
87
kh/jh/rj
1/
2
S.F.
_____
eliminate
the
$6,000
limitation.
1
-2-
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2006XC
(3)
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2/
2