995042 GENERAL APPROPRIATIONS BILL Committee Amendment SB2000 BHI 3 Senator(s)Lynn moved the following amendment:Section: 02 EXPLANATION: On Page: 014 Provides an additional $1,914,885 to provide awards of $500 for each eligible student for the newly Spec App: 53 eligible institution in the Florida Resident Access Grant (FRAG) by reducing the funding for the STEM incentive in the state universities. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 0 0 0 ______________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT EDUCATION, DEPARTMENT OF Program: Private Colleges And Universities 48190000 In Section 02 On Page 014 53 Special Categories 104125 Florida Resident Access Grant IOEC 1000 From General Revenue Fund 72,078,653 73,993,538 CA 1,914,885 FSI1 1,914,885 Following Specific Appropriation 53, DELETE: Funds in Specific Appropriation 53 shall be used for tuition assistance for qualified Florida students. Each college or university shall allocate funds at a minimum of $500 for each student. The remaining funds shall be used to provide tuition assistance based on student financial need up to a maximum amount of $2,425 per student. From the funds in Specific Appropriation 53, $71,278,025 shall be allocated at the average award amount of $2,066 for 2010-11 FRAG eligible institutions based on actual 2010-11 eligible student enrollment. From the funds in Specific Appropriation 53, $800,628 shall be allocated at the average award amount of $652 for the newly eligible995042 Log:0008 KWH/KWH 04/04/11 06:36:11 PM Senate Page: 1 FRAG institution for 1,226 eligible students. The Office of Student Financial Assistance may prorate the award and provide a lesser amount in the second term if the funds appropriated are insufficient to provide a full award to all eligible students. AND INSERT: Funds in Specific Appropriation 53 shall be used for tuition assistance for qualified Florida students. From the funds in Specific Appropriation 53, $71,262,538 shall be allocated at the average award amount of $2,066 for 2010-11 FRAG eligible institutions based on actual 2010-11 eligible student enrollment. Each college or university shall allocate funds at a minimum of $1,500 for each student. The remaining funds shall be used to provide tuition assistance based on student financial need up to a maximum amount of $2,425 per student. From the funds in Specific Appropriation 53, $2,731,000 shall be allocated at the average award amount of $500 for the newly eligible FRAG institution for 5,462 eligible students. The institution shall allocate funds at a minimum of $400 for each student. The remaining funds shall be used to provide tuition assistance based on student financial need up to a maximum amount of $652 per student. The Office of Student Financial Assistance may prorate the award and provide a lesser amount in the second term if the funds appropriated are insufficient to provide a full award to all eligible students. The Office of Student Financial Assistance may also reallocate funds between institutions if an eligible institution fails to reach its 2010-11 enrollment. Universities, Division Of Program: Educational And General Activities 48900100 In Section 02 On Page 034 119 Aid To Local Governments 052310 Grants And Aids - Education And General Activities IOEB 1000 From General Revenue Fund 1,451,302,780 1,449,387,895 CA -1,914,885 FSI1 -1,914,885 In existing proviso language, following Specific Appropriation 119, DELETE: From the funds in Specific Appropriation 119, $142,865,810 from the General Revenue Fund is provided for the creation or expansion of995042 Log:0008 KWH/KWH 04/04/11 06:36:11 PM Senate Page: 2 programs that prepare students in the science, technology, engineering, and mathematics (STEM) fields. To be eligible for these funds, the university's foundation or external grants shall provide matching funds on a dollar-for-dollar basis. Prior to expending any of the funds, the Board of Governors shall submit a detailed distribution and program plan to the Legislative Budget Commission for review and approval. AND INSERT: From the funds in Specific Appropriation 119, $140,950,925 from the General Revenue Fund is provided for the creation or expansion of programs that prepare students in the science, technology, engineering, and mathematics (STEM) fields. To be eligible for these funds, the university's foundation or external grants shall provide matching funds on a dollar-for-dollar basis. Prior to expending any of the funds, the Board of Governors shall submit a detailed distribution and program plan to the Legislative Budget Commission for review and approval.995042 Log:0008 KWH/KWH 04/04/11 06:36:11 PM Senate Page: 3