HOUSE AMENDMENT
                                        Bill No. SB 1162, 1st Eng.
    Amendment No. ___ (for drafter's use only)
                            CHAMBER ACTION
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11  Representative(s) Baxley and Diaz-Balart offered the
12  following:
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14         Amendment (with title amendment) 
15  Remove from the bill:  Everything after the enacting clause
16  
17  and insert in lieu thereof:  
18         Section 1.  Paragraph (c) of subsection (2) of section
19  231.621, Florida Statutes, is amended to read:
20         231.621  Critical Teacher Shortage Student Loan
21  Forgiveness Program.--
22         (2)  From the funds available, the Department of
23  Education may make loan principal repayments as follows:
24         (c)  All repayments shall be contingent on continued
25  proof of employment in the designated subject areas in this
26  state and shall be made directly to the holder of the loan or,
27  in case of a loan being paid in full, directly to the teacher.
28  The state shall not bear responsibility for the collection of
29  any interest charges or other remaining balance.  In the event
30  that designated critical teacher shortage subject areas are
31  changed by the State Board of Education, a teacher shall
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    File original & 9 copies    05/01/01                          
    hbd0005                     05:42 pm         01162-0024-720813

HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 continue to be eligible for loan forgiveness as long as he or 2 she continues to teach in the subject area for which the 3 original loan repayment was made and otherwise meets all 4 conditions of eligibility. 5 Section 2. Effective July 1, 2002, paragraph (e) of 6 subsection (3) of section 240.209, Florida Statutes, is 7 amended to read: 8 240.209 Board of Regents; powers and duties.-- 9 (3) The board shall: 10 (e) Establish student fees. 11 1. By no later than December 1 of each year, the board 12 shall raise the systemwide standard for resident undergraduate 13 matriculation and financial aid fees for the subsequent fall 14 term, up to but no more than 25 percent of the prior year's 15 cost of undergraduate programs. In implementing this 16 paragraph, fees charged for graduate, medical, veterinary, and 17 dental programs may be increased by the Board of Regents in 18 the same percentage as the increase in fees for resident 19 undergraduates. However, in the absence of legislative action 20 to the contrary in an appropriations act, the board may not 21 approve annual fee increases for resident students in excess 22 of 10 percent. The sum of nonresident student matriculation 23 and tuition fees must be sufficient to defray the full cost of 24 undergraduate education. Graduate, medical, veterinary, and 25 dental fees charged to nonresidents may be increased by the 26 board in the same percentage as the increase in fees for 27 nonresident undergraduates. However, in implementing this 28 policy and in the absence of legislative action to the 29 contrary in an appropriations act, annual fee increases for 30 nonresident students may not exceed 25 percent. In the absence 31 of legislative action to the contrary in the General 2 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Appropriations Act, the fees shall go into effect for the 2 following fall term. 3 2. When the appropriations act requires a new fee 4 schedule, the board shall establish a systemwide standard fee 5 schedule required to produce the total fee revenue established 6 in the appropriations act based on the product of the assigned 7 enrollment and the fee schedule. The board may approve the 8 expenditure of any fee revenues resulting from the product of 9 the fee schedule adopted pursuant to this section and the 10 assigned enrollment. 11 3. Upon provision of authority in a General 12 Appropriations Act to spend revenue raised pursuant to this 13 section, the board shall approve a university request to 14 implement a matriculation and out-of-state tuition fee 15 schedule which is calculated to generate revenue which varies 16 no more than 10 percent from the standard fee revenues 17 authorized through an appropriations act. In implementing an 18 alternative fee schedule, the increase in cost to a student 19 taking 15 hours in one term shall be limited to 5 percent. 20 Matriculation and out-of-state tuition fee revenues generated 21 as a result of this provision are to be expended for 22 implementing a plan for achieving accountability goals adopted 23 pursuant to s. 240.214 and for implementing a Board of 24 Regents-approved plan to contain student costs by reducing the 25 time necessary for graduation without reducing the quality of 26 instruction. The plans shall be recommended by a 27 universitywide committee, at least one-half of whom are 28 students appointed by the student body president. A 29 chairperson, appointed jointly by the university president and 30 the student body president, shall vote only in the case of a 31 tie. 3 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 4. The board may implement individual university plans 2 for a differential out-of-state tuition fee for universities 3 that have a service area that borders another state. 4 5. The board is authorized to collect for financial 5 aid purposes an amount not to exceed 5 percent of the student 6 tuition and matriculation fee per credit hour. The revenues 7 from fees are to remain at each campus and replace existing 8 financial aid fees. Such funds shall be disbursed to students 9 as quickly as possible. These funds may not be used for direct 10 or indirect administrative purposes or salaries. The board 11 shall specify specific limits on the percent of the fees 12 collected in a fiscal year which may be carried forward 13 unexpended to the following fiscal year. A minimum of 75 50 14 percent of funds from the student financial aid fee for new 15 financial aid awards shall be used to provide financial aid 16 based on absolute need. A student who has received an award 17 prior to July 1, 1984, shall have his or her eligibility 18 assessed on the same criteria that was used at the time of his 19 or her original award. The Board of Regents shall develop 20 criteria for making financial aid awards. Each university 21 shall report annually to the Department of Education on the 22 revenue collected pursuant to this subparagraph, the amount 23 carried forward, the criteria used to make awards, the amount 24 and number of awards for each criterion, and a delineation of 25 the distribution of such awards. The report shall include an 26 assessment by category of the financial need of every student 27 who receives an award, regardless of the purpose for which the 28 award is received. Awards which are based on financial need 29 shall be distributed in accordance with a nationally 30 recognized system of need analysis approved by the Board of 31 Regents. An award for academic merit shall require a minimum 4 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 overall grade point average of 3.0 on a 4.0 scale or the 2 equivalent for both initial receipt of the award and renewal 3 of the award. 4 6. The board may recommend to the Legislature an 5 appropriate systemwide standard matriculation and tuition fee 6 schedule. 7 7. The Education and General Student and Other Fees 8 Trust Fund is hereby created, to be administered by the 9 Department of Education. Funds shall be credited to the trust 10 fund from student fee collections and other miscellaneous fees 11 and receipts. The purpose of the trust fund is to support the 12 instruction and research missions of the State University 13 System. Notwithstanding the provisions of s. 216.301, and 14 pursuant to s. 216.351, any balance in the trust fund at the 15 end of any fiscal year shall remain in the trust fund and 16 shall be available for carrying out the purposes of the trust 17 fund. 18 8. The board is further authorized to establish the 19 following fees: 20 a. A nonrefundable application fee in an amount not to 21 exceed $30. 22 b. An admissions deposit fee for the University of 23 Florida College of Dentistry in an amount not to exceed $200. 24 c. An orientation fee in an amount not to exceed $35. 25 d. A fee for security, access, or identification 26 cards. The annual fee for such a card may not exceed $10 per 27 card. The maximum amount charged for a replacement card may 28 not exceed $15. 29 e. Registration fees for audit and zero-hours 30 registration; a service charge, which may not exceed $15, for 31 the payment of tuition in installments; and a 5 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 late-registration fee in an amount not less than $50 nor more 2 than $100 to be imposed on students who fail to initiate 3 registration during the regular registration period. 4 f. A late-payment fee in an amount not less than $50 5 nor more than $100 to be imposed on students who fail to pay 6 or fail to make appropriate arrangements to pay (by means of 7 installment payment, deferment, or third-party billing) 8 tuition by the deadline set by each university. Each 9 university may adopt specific procedures or policies for 10 waiving the late-payment fee for minor underpayments. 11 g. A fee for miscellaneous health-related charges for 12 services provided at cost by the university health center 13 which are not covered by the health fee set under s. 14 240.235(1). 15 h. Materials and supplies fees to offset the cost of 16 materials or supplies that are consumed in the course of the 17 student's instructional activities, excluding the cost of 18 equipment replacement, repairs, and maintenance. 19 i. Housing rental rates and miscellaneous housing 20 charges for services provided by the university at the request 21 of the student. 22 j. A charge representing the reasonable cost of 23 efforts to collect payment of overdue accounts. 24 k. A service charge on university loans in lieu of 25 interest and administrative handling charges. 26 l. A fee for off-campus course offerings when the 27 location results in specific, identifiable increased costs to 28 the university. 29 m. Library fees and fines, including charges for 30 damaged and lost library materials, overdue reserve library 31 books, interlibrary loans, and literature searches. 6 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 n. Fees relating to duplicating, photocopying, 2 binding, and microfilming; copyright services; and 3 standardized testing. These fees may be charged only to those 4 who receive the services. 5 o. Fees and fines relating to the use, late return, 6 and loss and damage of facilities and equipment. 7 p. A returned-check fee as authorized by s. 832.07(1) 8 for unpaid checks returned to the university. 9 q. Traffic and parking fines, charges for parking 10 decals, and transportation access fees. 11 r. An Educational Research Center for Child 12 Development fee for child care and services offered by the 13 center. 14 s. Fees for transcripts and diploma replacement, not 15 to exceed $10 per item. 16 Section 3. Effective July 1, 2002, subsection (7) is 17 added to section 240.271, Florida Statutes, to read: 18 240.271 State University System; funding.-- 19 (7) A minimum of 55 percent of the new awards from 20 funds provided in the General Appropriations Act for 21 fellowships and fee waivers shall be used only to support: 22 (a) Upper-division students or graduate students 23 formally admitted to a degree program in one of the following 24 disciplines: 25 1. Computer and information sciences. 26 2. Engineering. 27 3. Engineering technology. 28 4. Biological sciences/life sciences. 29 5. Mathematics. 30 6. Physical sciences. 31 7. Health professions and related sciences. 7 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (b) Upper-division students or master's level students 2 formally admitted to a state-approved teacher preparation 3 program. 4 5 The State University System shall report annually to the 6 Legislature the distribution of fellowships and fee waivers 7 provided, including, but not limited to, the number of awards, 8 the dollar value of the awards, student level, student 9 discipline, and the number and percent of award recipients 10 remaining in the state following graduation who are employed 11 in the field directly related to the discipline for which the 12 award was received. 13 Section 4. Effective July 1, 2002, subsection (11) of 14 section 240.35, Florida Statutes, is amended to read: 15 240.35 Student fees.--Unless otherwise provided, the 16 provisions of this section apply only to fees charged for 17 college credit instruction leading to an associate in arts 18 degree, an associate in applied science degree, or an 19 associate in science degree and noncollege credit 20 college-preparatory courses defined in s. 239.105. 21 (11)(a) Each community college is authorized to 22 establish a separate fee for financial aid purposes in an 23 additional amount up to, but not to exceed, 5 percent of the 24 total student tuition or matriculation fees collected. Each 25 community college may collect up to an additional 2 percent if 26 the amount generated by the total financial aid fee is less 27 than $250,000. If the amount generated is less than $250,000, 28 a community college that charges tuition and matriculation 29 fees at least equal to the average fees established by rule 30 may transfer from the general current fund to the scholarship 31 fund an amount equal to the difference between $250,000 and 8 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 the amount generated by the total financial aid fee 2 assessment. No other transfer from the general current fund to 3 the loan, endowment, or scholarship fund, by whatever name 4 known, is authorized. 5 (b) All funds collected under this program shall be 6 placed in the loan and endowment fund or scholarship fund of 7 the college, by whatever name known. Such funds shall be 8 disbursed to students as quickly as possible. An amount not 9 greater than 40 percent of the fees collected in a fiscal year 10 may be carried forward unexpended to the following fiscal 11 year. However, funds collected prior to July 1, 1989, and 12 placed in an endowment fund may not be considered part of the 13 balance of funds carried forward unexpended to the following 14 fiscal year. 15 (c) Up to 25 percent or $300,000, whichever is 16 greater, of the financial aid fees collected may be used to 17 assist students who demonstrate academic merit; who 18 participate in athletics, public service, cultural arts, and 19 other extracurricular programs as determined by the 20 institution; or who are identified as members of a targeted 21 gender or ethnic minority population. The financial aid fee 22 revenues allocated for athletic scholarships and fee 23 exemptions provided pursuant to subsection (17) for athletes 24 shall be distributed equitably as required by s. 25 228.2001(3)(d). A minimum of 75 50 percent of the balance of 26 these funds for new awards shall be used to provide financial 27 aid based on absolute need, and the remainder of the funds 28 shall be used for academic merit purposes and other purposes 29 approved by the district boards of trustees. Such other 30 purposes shall include the payment of child care fees for 31 students with financial need. The State Board of Community 9 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Colleges shall develop criteria for making financial aid 2 awards. Each college shall report annually to the Department 3 of Education on the revenue collected pursuant to this 4 paragraph, the amount carried forward, the criteria used to 5 make awards, the amount and number of awards for each 6 criterion, and a delineation of the distribution of such 7 awards. The report shall include an assessment by category of 8 the financial need of every student who receives an award, 9 regardless of the purpose for which the award is received. 10 Awards which are based on financial need shall be distributed 11 in accordance with a nationally recognized system of need 12 analysis approved by the State Board of Community Colleges. An 13 award for academic merit shall require a minimum overall grade 14 point average of 3.0 on a 4.0 scale or the equivalent for both 15 initial receipt of the award and renewal of the award. 16 (d) These funds may not be used for direct or indirect 17 administrative purposes or salaries. 18 Section 5. Subsections (1), (2), and (7) of section 19 240.40201, Florida Statutes, are amended to read: 20 240.40201 Florida Bright Futures Scholarship 21 Program.-- 22 (1) The Florida Bright Futures Scholarship Program is 23 created to establish a lottery-funded scholarship program to 24 reward any Florida high school graduate who merits recognition 25 of high academic achievement and who enrolls in a degree 26 program, certificate program, or applied technology diploma 27 program at an eligible Florida public or private postsecondary 28 education institution within 7 3 years of graduation from high 29 school. No award shall be provided to a student beyond 7 years 30 after high school graduation, regardless of the year in which 31 a student first receives scholarship funding. 10 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (2) The Bright Futures Scholarship Program consists of 2 three types of awards, the Florida Academic Scholarship, the 3 Florida Medallion Merit Scholarship, and the Florida 4 Vocational Gold Seal Vocational Scholarship. 5 (7) A student may receive only one type of award from 6 the Florida Bright Futures Scholarship Program at a time, but 7 may transfer from one type of award to another through the 8 renewal application process, if the student's eligibility 9 status changes. However, a student is not eligible to transfer 10 from a Florida Medallion Merit Scholarship or a Florida 11 Vocational Gold Seal Vocational Scholarship to a Florida 12 Academic Scholarship. A student who receives an award from the 13 program may also receive a federal family education loan or a 14 federal direct loan, and the value of the award must be 15 considered in the certification or calculation of the 16 student's loan eligibility. 17 Section 6. Section 240.40202, Florida Statutes, is 18 amended to read: 19 240.40202 Florida Bright Futures Scholarship Program; 20 student eligibility requirements for initial awards.-- 21 (1) To be eligible for an initial award from any of 22 the three types of scholarships under the Florida Bright 23 Futures Scholarship Program, a student must: 24 (a) Be a Florida resident as defined in s. 240.404 and 25 rules of the State Board of Education. 26 (b) Earn a standard Florida high school diploma or its 27 equivalent as described in s. 232.246 or s. 229.814 unless: 28 1. The student is enrolled full time in the early 29 admission program of an eligible postsecondary education 30 institution or completes a home education program according to 31 s. 232.0201; or 11 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 2. The student earns a high school diploma from a 2 non-Florida school while living with a parent or guardian who 3 is on military or public service assignment away from Florida. 4 "Public service assignment," as used in this subparagraph, 5 means the occupational assignment outside Florida of a person 6 who is a permanent resident of Florida and who is employed by 7 the United States Government or the State of Florida, a 8 condition of which employment is assignment outside Florida. 9 (c) Be accepted by and enroll in an eligible Florida 10 public or independent postsecondary education institution. 11 (d) Be enrolled for at least 6 semester credit hours 12 or the equivalent in quarter hours or clock hours. 13 (e) Not have been found guilty of, or have pled plead 14 nolo contendere to or guilty to, a felony charge, unless the 15 student has been granted clemency by the Governor and Cabinet 16 sitting as the Executive Office of Clemency. 17 (f) Apply for a scholarship from the program by April 18 1 of the last semester before high school graduation. Requests 19 for exceptions to this deadline may be accepted by the high 20 school or district through December 31 following high school 21 graduation. 22 (2) A student is eligible to accept an initial award 23 for 3 years following high school graduation and to accept a 24 renewal award for 7 years following high school graduation. A 25 student who applies for an award by April 1 and who meets all 26 other eligibility requirements, but who does not accept his or 27 her award during the first year of eligibility after high 28 school graduation, may apply for reinstatement of the award 29 for use within 7 reapply during subsequent application periods 30 up to 3 years after high school graduation. Reinstatement 31 applications must be received by the deadline established by 12 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 the Department of Education. 2 (3) For purposes of calculating the grade point 3 average to be used in determining initial eligibility for a 4 Florida Bright Futures scholarship, the department shall 5 assign additional weights to grades earned in the following 6 courses: 7 (a) Courses identified in the course code directory as 8 Advanced Placement, pre-International Baccalaureate, or 9 International Baccalaureate. 10 (b) Courses designated as academic dual enrollment 11 courses in the statewide course numbering system. 12 13 The department may assign additional weights to courses, other 14 than those described in paragraphs (a) and (b), that are 15 identified by the Articulation Coordinating Committee as 16 containing rigorous academic curriculum and performance 17 standards. The additional weight assigned to a course pursuant 18 to this subsection shall not exceed 0.5 per course. The 19 weighted system shall be developed and distributed to all high 20 schools in the state prior to January 1, 1998. The department 21 may determine a student's eligibility status during the senior 22 year before graduation and may inform the student of the award 23 at that time. 24 (4) Each school district shall provide each high 25 school student a complete and accurate Florida Bright Futures 26 Scholarship Evaluation Report and Key annually. The report 27 shall be disseminated at the beginning of each school year. 28 The report must include all high school coursework attempted, 29 the number of credits earned toward each type of award, and 30 the calculation of the grade point average for each award. The 31 report must also identify all requirements not met per award 13 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 as well as the award or awards for which the student has met 2 the academic requirements. 3 (5)(4) A student who wishes to qualify for a 4 particular award within the Florida Bright Futures Scholarship 5 Program, but who does not meet all of the requirements for 6 that level of award, may, nevertheless, receive the award if 7 the principal of the student's school or the district 8 superintendent verifies that the deficiency is caused by the 9 fact that school district personnel provided inaccurate or 10 incomplete information to the student. The school district 11 must provide a means for the student to correct the 12 deficiencies and the student must correct them, either by 13 completing comparable work at the postsecondary institution or 14 by completing a directed individualized study program 15 developed and administered by the school district. If the 16 student does not complete the requirements by December 31 17 immediately following high school graduation, the student is 18 ineligible to participate in the program. 19 Section 7. Section 240.40203, Florida Statutes, is 20 amended to read: 21 240.40203 Florida Bright Futures Scholarship Program; 22 student eligibility requirements for renewal, reinstatement, 23 and restoration awards.-- 24 (1) To be eligible to receive renew a scholarship from 25 any of the three types of scholarships under the Florida 26 Bright Futures Scholarship Program after the first year of 27 eligibility, a student must meet the following requirements 28 for renewal, reinstatement, or restoration: 29 (a) Renewal applies to students who receive an award 30 for at least one term during the immediately preceding 31 academic year. For renewal, a student must complete at least 14 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 12 semester credit hours or the equivalent in the last 2 academic year in which the student earned a scholarship and. 3 (b) maintain the cumulative grade point average 4 required by the scholarship program, except that: 5 1. If a recipient's grades fall beneath the average 6 required to renew a Florida Academic Scholarship, but are 7 sufficient to renew a Florida Medallion Merit Scholarship or a 8 Florida Vocational Gold Seal Scholarship, the Department of 9 Education may grant a renewal to the Florida Medallion 10 Scholarship. from one of those other scholarship programs, if 11 the student meets the renewal eligibility requirements; or 12 2. If, upon renewal evaluation, a student fails to 13 meet the renewal criteria pursuant to this section, credit 14 hours and grades earned during the following summer term may 15 be used to satisfy the renewal requirements. If, at any time 16 during the eligibility period, a student's grades are 17 insufficient to renew the scholarship, the student may restore 18 eligibility by improving the grade point average to the 19 required level. A student is eligible for such a reinstatement 20 only once. The Legislature encourages education institutions 21 to assist students to calculate whether or not it is possible 22 to raise the grade point average during the summer term. If 23 the institution determines that it is possible, the education 24 institution may so inform the department, which may reserve 25 the student's award if funds are available. The renewal, 26 however, must not be granted until the student achieves the 27 required cumulative grade point average and earns the required 28 number of hours. If, during the summer term, a student does 29 not earn is not sufficient hours or to raise the grade point 30 average to the required renewal level, the student shall not 31 be eligible for an award student's next opportunity for 15 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 renewal is the fall semester of the following academic year. 2 (b) Reinstatement applies to students who were 3 eligible but did not receive an award during the previous 4 academic year or years, and who may apply to reestablish use 5 of the scholarship. For reinstatement, a student must have 6 been eligible at the time of the student's most recent Florida 7 Bright Futures Scholarship eligibility determination. The 8 student must apply for reinstatement by submitting a 9 reinstatement application by the deadline established by the 10 Department of Education. 11 (c) Restoration applies to students who lost 12 scholarship eligibility as a result of not meeting the renewal 13 grade point average or number of hours, or both, at a prior 14 evaluation period. A student may restore eligibility by 15 meeting the renewal grade point average during a subsequent 16 renewal evaluation period. A student is eligible to receive 17 such restoration only once. The student must submit an 18 application for restoration by the deadline established by the 19 Department of Education. 20 (2) A Florida Academic Scholar or a Florida Medallion 21 Scholar student who is enrolled in a program that terminates 22 in an associate degree or a baccalaureate degree may receive 23 an award for a maximum of 110 percent of the number of credit 24 hours required to complete the undergraduate program. 25 (3) A Florida Academic Scholar or a Florida Medallion 26 Scholar who is enrolled in a combined undergraduate/graduate 27 program that terminates in the award of a postbaccalaureate 28 degree, or the simultaneous award of baccalaureate and 29 postbaccalaureate degrees, may receive an award for a maximum 30 of 110 percent of the number of credit hours required to 31 complete a standard undergraduate program at the institution 16 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 attended, at the undergraduate rate. 2 (4) A Florida Gold Seal Vocational Scholar student who 3 is enrolled in a program that terminates in a technical 4 certificate may receive an award for up to 90 semester a 5 maximum of 110 percent of the credit hours or the equivalent 6 clock hours required to complete the program up to 90 credit 7 hours. A student who transfers from the Florida Gold Seal 8 Vocational Scholars award to the Florida Medallion Scholars 9 award one of these program levels to another becomes eligible 10 for the higher of the two credit hour limits. 11 Section 8. Section 240.40204, Florida Statutes, is 12 amended to read: 13 240.40204 Florida Bright Futures Scholarship Program; 14 eligible postsecondary education institutions.--A student is 15 eligible for an award or the renewal, reinstatement, or 16 restoration of an award from the Florida Bright Futures 17 Scholarship Program if the student meets the requirements for 18 the program as described in this act and is enrolled in a 19 postsecondary education institution that meets the description 20 in any one of the following subsections: 21 (1) A Florida public university, community college, or 22 technical center. 23 (2) An independent Florida college or university that 24 is accredited by an accrediting agency recognized by the 25 United States Department of Education a member of the 26 Commission on Recognition of Postsecondary Accreditation and 27 which has operated in the state for at least 3 years. 28 (3) An independent Florida postsecondary education 29 institution that is licensed by the State Board of Independent 30 Colleges and Universities and which: 31 (a) Shows evidence of sound financial condition; and 17 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (b) Has operated in the state for at least 3 years 2 without having its approval, accreditation, or license placed 3 on probation. 4 (4) A Florida independent postsecondary education 5 institution that offers a nursing diploma approved by the 6 Board of Nursing. 7 (5) A Florida independent postsecondary education 8 institution that is licensed by the State Board of Nonpublic 9 Career Education and which: 10 (a) Has a program completion and placement rate of at 11 least the rate required by the current Florida Statutes, the 12 Florida Administrative Code, or the Department of Education 13 for an institution at its level; and 14 (b) Shows evidence of sound financial condition; and 15 either: 16 1. Is accredited at the institutional level by an 17 accrediting agency recognized by the United States Department 18 of Education and has operated in the state for at least 3 19 years during which there has been no complaint for which 20 probable cause has been found; or 21 2. Has operated in Florida for 5 years during which 22 there has been no complaint for which probable cause has been 23 found. 24 Section 9. Section 240.40205, Florida Statutes, is 25 amended to read: 26 240.40205 Florida Academic Scholars award.-- 27 (1) A student is eligible for a Florida Academic 28 Scholars award if the student meets the general eligibility 29 requirements for the Florida Bright Futures Scholarship 30 Program and the student: 31 (a) Has achieved a 3.5 weighted grade point average as 18 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 calculated pursuant to s. 240.40202, or its equivalent, in 2 high school courses that are adopted by the Board of Regents 3 and recommended by the State Board of Community Colleges as 4 college-preparatory academic courses; and 5 (b) Has attained at least the score identified by 6 rules of the Department of Education on the combined verbal 7 and quantitative parts of the Scholastic Aptitude Test, the 8 Scholastic Assessment Test, or the recentered Scholastic 9 Assessment Test of the College Entrance Examination, or an 10 equivalent score on the American College Testing Program; or 11 (c) Has attended a home education program according to 12 s. 232.0201 during grades 11 and 12 or has completed the 13 International Baccalaureate curriculum but failed to earn the 14 International Baccalaureate Diploma, and has attained at least 15 the score identified by rules of the Department of Education 16 on the combined verbal and quantitative parts of the 17 Scholastic Aptitude Test, the Scholastic Assessment Test, or 18 the recentered Scholastic Assessment Test of the College 19 Entrance Examination, or an equivalent score on the American 20 College Testing Program; or 21 (d) Has been awarded an International Baccalaureate 22 Diploma from the International Baccalaureate Office; or 23 (e) Has been recognized by the merit or achievement 24 programs of the National Merit Scholarship Corporation as a 25 scholar or finalist; or 26 (f) Has been recognized by the National Hispanic 27 Recognition Program as a scholar recipient; or. 28 (g) Has been awarded the American International 29 Certificate of Education Diploma from the University of 30 Cambridge. 31 19 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Effective with the 1998-1999 school year, a student must 2 complete a program of community service work, as approved by 3 the district school board or the administrators of a nonpublic 4 school, which shall include a minimum of 75 hours of service 5 work and require the student to identify a social problem that 6 interests him or her, develop a plan for his or her personal 7 involvement in addressing the problem, and, through papers or 8 other presentations, evaluate and reflect upon his or her 9 experience. 10 (2) A Florida Academic Scholar who is enrolled in a 11 public postsecondary education institution is eligible for an 12 award equal to the amount required to pay matriculation and, 13 fees, as defined by the department, and $600 for 14 college-related expenses annually. A student who is enrolled 15 in a nonpublic postsecondary education institution is eligible 16 for an award equal to the amount that would be required to pay 17 for the average matriculation and fees of a public 18 postsecondary education institution at the comparable level, 19 plus the annual $600. 20 (3) To be eligible for a renewal or restoration award 21 as a Florida Academic Scholar, a student must meet the 22 requirements of s. 240.40203 and the maintain the equivalent 23 of a grade point average requirement of 3.0 on a 4.0 scale, or 24 the equivalent, for all postsecondary education work 25 attempted. A student may have, with an opportunity for one 26 restoration reinstatement as provided in this act. 27 (4) In each school district, the Florida Academic 28 Scholar with the highest academic ranking shall be designated 29 as an Academic Top Scholar and shall receive an additional 30 award of $1,500 for college-related expenses. This award must 31 be funded from the Florida Bright Futures Scholarship Program. 20 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Section 10. Section 240.40206, Florida Statutes, is 2 amended to read: 3 240.40206 Florida Medallion Merit Scholars award.-- 4 (1) A student is eligible for a Florida Medallion 5 Merit Scholars award if the student meets the general 6 eligibility requirements for the Florida Bright Futures 7 Scholarship Program and the student: 8 (a) Has achieved a weighted grade point average of 3.0 9 as calculated pursuant to s. 240.40202, or the equivalent, in 10 high school courses that are adopted by the Board of Regents 11 and recommended by the State Board of Community Colleges as 12 college-preparatory academic courses; and 13 (b) Has attained at least the score identified by 14 rules of the Department of Education on the combined verbal 15 and quantitative parts of the Scholastic Aptitude Test, the 16 Scholastic Assessment Test, or the recentered Scholastic 17 Assessment Test of the College Entrance Examination, or an 18 equivalent score on the American College Testing Program; or 19 (c) Has attended a home education program according to 20 s. 232.0201 during grades 11 and 12 or has completed the 21 International Baccalaureate curriculum but failed to earn the 22 International Baccalaureate Diploma, and has attained at least 23 the score identified by rules of the Department of Education 24 on the combined verbal and quantitative parts of the 25 Scholastic Aptitude Test, the Scholastic Assessment Test, or 26 the recentered Scholastic Assessment Test of the College 27 Entrance Examination, or an equivalent score on the American 28 College Testing Program; or. 29 (d) Has been recognized by the merit or achievement 30 programs of the National Merit Scholarship Corporation as a 31 scholar or finalist, but has not completed a program of 21 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 community service as provided in s. 240.40205; or 2 (e) Has been recognized by the National Hispanic 3 Recognition Program as a scholar, but has not completed a 4 program of community service as provided in s. 240.40205. 5 (2) A Florida Medallion Merit Scholar is eligible for 6 an award equal to the amount required to pay 75 percent of 7 matriculation and fees, as defined by the department, if the 8 student is enrolled in a public postsecondary education 9 institution. A student who is enrolled in a nonpublic 10 postsecondary education institution is eligible for an award 11 equal to the amount that would be required to pay 75 percent 12 of the average matriculation and fees of a public 13 postsecondary education institution at the comparable level. 14 (3) To be eligible for a renewal or restoration award 15 as a Florida Medallion Merit Scholar, a student must meet the 16 requirements of s. 240.40203 and the maintain the equivalent 17 of a grade point average requirement of 2.75 on a 4.0 scale, 18 or the equivalent, for all postsecondary education work 19 attempted. A student may have, with an opportunity for 20 reinstatement one restoration time as provided in this act. 21 Section 11. Section 240.40207, Florida Statutes, is 22 amended to read: 23 240.40207 Florida Gold Seal Vocational Scholars 24 award.--The Florida Gold Seal Vocational Scholars award is 25 created within the Florida Bright Futures Scholarship Program 26 to recognize and reward academic achievement and vocational 27 preparation by high school students who wish to continue their 28 education. 29 (1) A student is eligible for a Florida Gold Seal 30 Vocational Scholars award if the student meets the general 31 eligibility requirements for the Florida Bright Futures 22 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Scholarship Program and the student: 2 (a) Successfully completes the secondary school 3 portion of a sequential program of studies that requires at 4 least three secondary school vocational credits in one program 5 of study, as identified by the Department of Education, taken 6 over at least 2 academic years, and is continued in a planned, 7 related postsecondary education program. If the student's 8 school does not offer such a two-plus-two or tech-prep 9 program, the student must complete a job-preparatory career 10 education program selected by the Workforce Estimating 11 Conference or Workforce Florida, Inc., for its ability to 12 provide high-wage employment in an occupation with high 13 potential for employment opportunities. By July 1, 2002, the 14 Articulation Coordinating Committee shall identify the 15 programs at each 4-year institution that qualify as planned, 16 related postsecondary education programs. On-the-job training 17 may not be substituted for any of the three required 18 vocational credits. 19 (b) Demonstrates readiness for postsecondary education 20 by earning a passing score on the Florida College Entry Level 21 Placement Test or its equivalent as identified by the 22 Department of Education. 23 (c) Earns a minimum cumulative weighted grade point 24 average of 3.0, as calculated pursuant to s. 240.40202, on all 25 subjects required for a standard high school diploma, 26 excluding elective courses. 27 (d) Earns a minimum unweighted grade point average of 28 3.5 on a 4.0 scale for secondary vocational courses comprising 29 the vocational program. 30 (e) Completes the requirements of a vocational-ready 31 diploma program, as defined by rules of the State Board of 23 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Education. 2 (2) A Florida Gold Seal Vocational Scholar is eligible 3 for an award equal to the amount required to pay 75 percent of 4 matriculation and fees, as defined by the department, if the 5 student is enrolled in a public postsecondary education 6 institution. A student who is enrolled in a nonpublic 7 postsecondary education institution is eligible for an award 8 equal to the amount that would be required to pay 75 percent 9 of the matriculation and mandatory fees of a public 10 postsecondary education institution at the comparable level. 11 (3) To be eligible for a renewal or restoration award 12 as a Florida Gold Seal Vocational Scholar, a student must meet 13 the requirements of s. 240.40203 and the maintain the 14 equivalent of a grade point average requirement of 2.75 on a 15 4.0 scale, or the equivalent, for all postsecondary education 16 work attempted. A student may have, with an opportunity for 17 reinstatement one restoration time as provided in this act. 18 (4) Beginning with the fall term of 2003, a Florida 19 Gold Seal Vocational Scholars award may only be used by 20 students who enroll in programs of 2 years or less at a 21 vocational-technical institution, a community college, or a 22 junior college unless the award is a renewal of an initial 23 award issued prior to the fall term of 2003 or as otherwise 24 provided for in this section. A student may use an award for a 25 program at a 4-year institution if the program has been 26 identified by the Articulation Coordinating Committee pursuant 27 to subsection (1), the student meets the minimum State 28 University System admissions requirements, and the institution 29 certifies annually the student's continued enrollment in such 30 program. 31 (5) Upon successful completion of an associate degree 24 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 program or 60 hours, an award recipient who meets the renewal 2 criteria in subsection (3) and enrolls in a baccalaureate 3 degree program at an eligible postsecondary education 4 institution is eligible to transfer to the Florida Medallion 5 Scholars award component of the Florida Bright Futures 6 Scholarship Program. Other than initial eligibility criteria, 7 all other requirements of the Florida Medallion Scholars award 8 shall apply to a student who transfers to that program 9 pursuant to the provisions of this subsection. The number of 10 hours for which a student may receive a Florida Medallion 11 Scholars award shall be calculated by subtracting from the 12 student's total eligibility pursuant to s. 240.40206(2) the 13 number of hours for which the student has already received 14 funding under the Florida Bright Futures Scholarship Program. 15 (6) If a Florida Gold Seal Vocational Scholar received 16 an initial award prior to the fall term of 2003, and has a 17 cumulative grade point average of 2.75 in all postsecondary 18 education work attempted, the Department of Education may 19 transfer the student to the Florida Medallion Scholars award 20 component of the Florida Bright Futures Scholarship Program at 21 any renewal period. Other than initial eligibility criteria, 22 all other requirements of the Florida Medallion Scholars award 23 shall apply to a student who transfers to that program 24 pursuant to the provisions of this subsection. The number of 25 hours for which a student may receive a Florida Medallion 26 Scholars award shall be calculated by subtracting from the 27 student's total eligibility pursuant to s. 240.40206(2) the 28 number of hours for which the student has already received 29 funding under the Florida Bright Futures Scholarship Program. 30 (4) A student may earn a Florida Gold Seal Vocational 31 Scholarship for 110 percent of the number of credit hours 25 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 required to complete the program, up to 90 credit hours or the 2 equivalent. A Florida Gold Seal Scholar who has a cumulative 3 grade point average of 2.75 in all postsecondary education 4 work attempted may apply for a Florida Merit Scholars award at 5 any renewal period. All other provisions of that program 6 apply, and the credit-hour limitation must be calculated by 7 subtracting from the student's total eligibility the number of 8 credit hours the student attempted while earning the Gold Seal 9 Vocational Scholarship. 10 Section 12. Section 240.40211, Florida Statutes, is 11 created to read: 12 240.40211 Florida Bright Futures Scholarship Program 13 targeted occupations.-- 14 (1)(a) Using information provided by the Workforce 15 Estimating Conference, the Department of Education, in 16 consultation with the Legislature, shall identify targeted 17 occupations that are high demand, high wage, and high skill 18 for which the state's postsecondary education institutions 19 provide the necessary education and training. 20 (b) The Department of Education shall identify the 21 specific associate and baccalaureate degree programs, 22 certificate programs, and applied technology diploma programs 23 that are offered by postsecondary education institutions and 24 prepare students for employment in the targeted occupations. 25 The department shall provide such information to the 26 postsecondary education institutions that participate in the 27 Florida Bright Futures Scholarship Program. 28 (c) Identification of targeted occupations and degree, 29 certificate, and diploma programs shall be completed, and 30 updated annually thereafter, for use in providing awards 31 pursuant to this section beginning with the 2002-2003 fall 26 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 academic term. 2 (2) A Florida Bright Futures Scholarship award 3 recipient who is enrolled at a vocational-technical 4 institution, a community college, or a junior college in a 5 program identified pursuant to paragraph (1)(b) is eligible to 6 receive an additional $250 per semester, or the equivalent, 7 for postsecondary education-related expenses. 8 (3) A Florida Bright Futures Scholarship award 9 recipient who is enrolled at a baccalaureate-degree-granting 10 institution in the upper division of a program identified 11 pursuant to paragraph (1)(b) is eligible to receive an 12 additional $500 per semester, or the equivalent, for 13 postsecondary education-related expenses. 14 (4) Institutions that participate in the Florida 15 Bright Futures Scholarship Program and offer a program 16 identified pursuant to paragraph (1)(b) shall advise their 17 students of the availability of the awards provided pursuant 18 to this section. 19 (5) The department shall establish procedures for 20 institutions to certify to the department the initial and 21 continued eligibility status of any student who is eligible to 22 receive an award pursuant to this section. A student's 23 continued enrollment in an eligible program shall be certified 24 by the institution each academic year. 25 (6) The department shall evaluate this component of 26 the Florida Bright Futures Scholarship Program from its 27 inception to determine, of the total number of students who 28 receive awards pursuant to this section, the number who become 29 employed in the occupation for which the award was provided. 30 This evaluation shall be reported on an annual basis to the 31 Governor and the Legislature. 27 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (7) This award component of the Florida Bright Futures 2 Scholarship Program shall be implemented to the extent funded 3 in the General Appropriations Act. When funds are not 4 sufficient to make full awards, the department shall reduce 5 the amount of each recipient's award pro rata. 6 Section 13. Section 240.40242, Florida Statutes, is 7 repealed. 8 Section 14. Florida Bright Futures Scholarship Testing 9 Program.-- 10 (1) By January 1, 2002, the Articulation Coordinating 11 Committee shall identify the minimum scores, maximum credit, 12 and course or courses for which credit is to be awarded for 13 each College Level Examination Program (CLEP) general 14 examination, CLEP subject examination, College Board Advanced 15 Placement Program examination, and International Baccalaureate 16 examination. In addition, the Articulation Coordinating 17 Committee shall identify such courses in the general education 18 core curriculum of each state university and community 19 college. 20 (2) Each community college and state university must 21 award credit for specific courses for which competency has 22 been demonstrated by successful passage of one of these 23 examinations unless the award of credit duplicates credit 24 already awarded. Community colleges and universities may not 25 exempt students from courses without the award of credit if 26 competencies have been so demonstrated. 27 (3) Beginning with initial award recipients for the 28 2002-2003 academic year and continuing thereafter, students 29 eligible for a Florida Academic Scholars award or a Florida 30 Medallion Scholars award who are admitted to and enroll in a 31 community college or state university shall, prior to 28 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 registering for courses that may be earned through a CLEP 2 examination and no later than registration for their second 3 term, complete at least five examinations from those specified 4 in subsection (1) in the following areas: English; humanities; 5 mathematics; natural sciences; and social sciences. 6 Successful completion of dual enrollment courses, Advanced 7 Placement examinations, and International Baccalaureate 8 examinations taken prior to high school graduation satisfy 9 this requirement. The Articulation Coordinating Committee 10 shall identify the examinations that satisfy each component of 11 this requirement. 12 (4) Initial award recipients for the 2001-2002 13 academic year who are eligible for a Florida Academic Scholars 14 award or a Florida Medallion Scholars award and who are 15 admitted to and enroll in a community college or state 16 university may choose, prior to registering for courses that 17 may be earned through CLEP examination, to complete up to five 18 CLEP examinations, one in each of the following areas: 19 English; humanities; mathematics; natural sciences; and social 20 sciences. 21 (5) Each community college and state university shall 22 pay for the CLEP examinations required pursuant to this 23 section from the funds appropriated from the Educational 24 Enhancement Trust Fund. Institutions shall pay no more than 25 $46 per examination for the program, which shall include 26 access to a student guide to prepare for the test. The 27 Department of Education shall negotiate with the College Board 28 for a reduced rate for the examinations. The institution shall 29 not charge the student for preparation and administration of 30 the test, access to a student guide to prepare for the test, 31 or recordkeeping and reporting of each student's test results 29 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 to the department. 2 (6) The credit awarded pursuant to this section shall 3 apply toward the 120 hours of college credit required pursuant 4 to s. 240.115(6). 5 (7) The maximum number of credit hours for which a 6 student is eligible to receive a Florida Bright Futures 7 Scholarship Program award shall be reduced by the number of 8 hours for which credit is awarded pursuant to this section. 9 (8) Beginning with the 2002-2003 award recipients, the 10 Department of Education shall track and annually report on the 11 effectiveness of the program, and include information on the 12 number of students participating in the program; the CLEP 13 examinations taken and the passage rate of Florida Academic 14 Scholars and Florida Medallion Scholars award recipients; the 15 use of Advanced Placement and International Baccalaureate 16 examinations and dual enrollment courses to satisfy the 17 requirements of the program; and the course credit provided. 18 Section 15. Subsection (1) of section 240.404, Florida 19 Statutes, is amended to read: 20 240.404 General requirements for student eligibility 21 for state financial aid.-- 22 (1)(a) The general requirements for eligibility of 23 students for state financial aid awards consist of the 24 following: 25 1. Achievement of the academic requirements of and 26 acceptance at a state university or community college; a 27 nursing diploma school approved by the Florida Board of 28 Nursing; a Florida college, university, or community college 29 which is accredited by an accrediting agency recognized by the 30 United States Department of Education a member of the 31 Commission on Recognition of Postsecondary Accreditation; any 30 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Florida institution the credits of which are acceptable for 2 transfer to state universities; any area technical center; or 3 any private vocational-technical institution accredited by an 4 accrediting agency recognized by the United States Department 5 of Education a member of the Commission on Recognition of 6 Postsecondary Accreditation. 7 2.a. Residency in this state for no less than 1 year 8 preceding the award of aid for a program established pursuant 9 to s. 240.409, s. 240.4095, s. 240.4097, s. 240.412, s. 10 240.4125, s. 240.413, s. 240.4987, s. 240.605, or s. 240.606. 11 Residency in this state must be for purposes other than to 12 obtain an education. Resident status for purposes of receiving 13 state financial aid awards shall be determined in the same 14 manner as resident status for tuition purposes pursuant to s. 15 240.1201 and rules of the State Board of Education. 16 b. A person who has been properly classified as a 17 resident by a postsecondary institution for initial receipt of 18 state-funded student financial assistance and has been 19 determined eligible to participate in a financial assistance 20 program may continue to qualify as a resident for state-funded 21 financial aid programs if he or she maintains continuous 22 enrollment at the postsecondary institution, with no break in 23 enrollment greater than 12 consecutive months. 24 3. Submission of certification attesting to the 25 accuracy, completeness, and correctness of information 26 provided to demonstrate a student's eligibility to receive 27 state financial aid awards. Falsification of such information 28 shall result in the denial of any pending application and 29 revocation of any award currently held to the extent that no 30 further payments shall be made. Additionally, students who 31 knowingly make false statements in order to receive state 31 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 financial aid awards shall be guilty of a misdemeanor of the 2 second degree subject to the provisions of s. 837.06 and shall 3 be required to return all state financial aid awards 4 wrongfully obtained. 5 (b)1. Eligibility for the renewal of undergraduate 6 financial aid awards shall be evaluated at the end of the 7 second semester or third quarter of each academic year. As a 8 condition for renewal, a student shall: 9 a. Have earned a minimum cumulative grade point 10 average of 2.0 on a 4.0 scale; and 11 b. Have earned, for full-time study, 12 credits per 12 term or the equivalent for the number of terms for which aid 13 was received. 14 2. A student who earns the minimum number of credits 15 required for renewal, but who fails to meet the minimum 2.0 16 cumulative grade point average, may be granted a probationary 17 award for up to the equivalent of 1 academic year and shall be 18 required to earn a cumulative grade point average of 2.0 on a 19 4.0 scale by the end of the probationary period to be eligible 20 for subsequent renewal. A student who receives a probationary 21 award and who fails to meet the conditions for renewal by the 22 end of his or her probationary period shall be ineligible to 23 receive additional awards for the equivalent of 1 academic 24 year following his or her probationary period. Each such 25 student may, however, reapply for assistance during a 26 subsequent application period and may be eligible for an award 27 if he or she has earned a cumulative grade point average of 28 2.0 on a 4.0 scale. 29 3. A student who fails to earn the minimum number of 30 credits required for renewal shall lose his or her eligibility 31 for renewal for a period equivalent to 1 academic year. 32 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 However, the student may reapply during a subsequent 2 application period and may be eligible for an award if he or 3 she has earned a minimum cumulative grade point average of 2.0 4 on a 4.0 scale. 5 4. Students who receive state student aid and 6 subsequently fail to meet state academic progress requirements 7 due to verifiable illness or other emergencies may be granted 8 an exception from the academic requirements. Such students 9 shall make a written appeal to the institution. The appeal 10 shall include a description and verification of the 11 circumstances. Verification of illness or other emergencies 12 may include but not be limited to a physician's statement or 13 written statement of a parent or college official. The 14 institution shall recommend exceptions with necessary 15 documentation to the department. The department may accept or 16 deny such recommendations for exception from the institution. 17 Section 16. Notwithstanding subsection (7) of section 18 3 of chapter 2000-321, Laws of Florida, sections 240.2985 and 19 240.6054, Florida Statutes, shall not stand repealed on 20 January 7, 2003, and are reenacted, renumbered as section 21 240.4084, Florida Statutes, and amended to read: 22 (Substantial rewording of sections. See ss. 23 240.2985 and 240.6054, F.S., for present text.) 24 240.4084 Ethics in Business Scholarship Program.--The 25 Ethics in Business Scholarship Program is created to provide 26 scholarships to students who are enrolled in postsecondary 27 education institutions and who meet the general requirements 28 for student eligibility for state financial aid pursuant to s. 29 240.404. Moneys appropriated and allocated for such 30 scholarships shall be matched by private donations for the 31 purpose of providing ethics in business scholarships. The 33 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Ethics in Business Scholarship Program shall consist of the 2 following components: 3 (1) Moneys appropriated from the Insurance 4 Commissioner's Regulatory Trust Fund to the Trust Fund for 5 Major Gifts, pursuant to section 2 of chapter 97-381, Laws of 6 Florida, shall be allocated to each university foundation on a 7 matching basis equal to the amount of private funds received 8 by such foundation for program purposes. Moneys appropriated 9 and allocated to university foundations for purposes of the 10 program shall be used to create endowments to provide 11 scholarships to undergraduate students enrolled in state 12 institutions of higher learning who register for one or more 13 credit hours in business ethics courses and who have 14 demonstrated a commitment to serve the interests of their 15 community. First priority for award of scholarships shall be 16 given to students who demonstrate financial need. The Board 17 of Regents shall administer the provisions of this subsection. 18 (2) Moneys transferred from the Insurance 19 Commissioner's Regulatory Trust Fund to the State Student 20 Financial Assistance Trust Fund, pursuant to section 3 of 21 chapter 97-381, Laws of Florida, shall be allocated to provide 22 ethics in business scholarships to students enrolled in public 23 community colleges and independent postsecondary education 24 institutions eligible to participate in the William L. Boyd, 25 IV, Florida Resident Access Grant Program under s. 240.605. 26 The funds shall be allocated to institutions for scholarships 27 in the following ratio: two-thirds for community colleges and 28 one-third for eligible independent institutions. These funds 29 shall be allocated to institutions that provide an equal 30 amount of matching funds generated by private donors for the 31 purpose of providing ethics in business scholarships. The 34 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Department of Education shall administer the provisions of 2 this subsection and may adopt rules for such administration. 3 Notwithstanding any other provision of law, the State Board of 4 Administration shall have the authority to invest the funds 5 appropriated under this subsection. 6 7 Each institution that receives an allocation of funds shall 8 submit to the Legislature an annual report of the matching 9 funds collected and a profile of scholarship award recipients. 10 Section 17. Section 240.409, Florida Statutes, is 11 amended to read: 12 240.409 Florida Public Student Assistance Grant 13 Program; eligibility for grants.-- 14 (1) There is hereby created a Florida Public Student 15 Assistance Grant Program. The program shall be administered by 16 the participating institutions in accordance with rules of the 17 state board. 18 (2) The department is directed to establish an initial 19 application deadline for funds administered pursuant to this 20 section. 21 (3) Using the priorities established in this section 22 and in s. 240.40975, institutions shall first award funds 23 administered pursuant to this section to students who meet the 24 initial application deadline established pursuant to 25 subsection (2). An institution may, at its discretion, award 26 any remaining funds from this program to students who apply 27 after the deadline date and who are otherwise eligible 28 pursuant to this section. 29 (4)(2)(a) State student assistance grants through the 30 program may be made only to full-time degree-seeking students 31 who enroll in at least 6 semester hours, or the equivalent, 35 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 per semester and who meet the general requirements for student 2 eligibility as provided in s. 240.404, except as otherwise 3 provided in this section. Such grants shall be awarded 4 annually for the amount of demonstrated unmet need for the 5 cost of education and may not exceed an amount equal to the 6 average prior academic year cost of matriculation fees and 7 other registration fees for 30 credit hours at state 8 universities or such other amount as specified in the General 9 Appropriations Act, to any recipient. A demonstrated unmet 10 need of less than $200 shall render the applicant ineligible 11 for a state student assistance grant. Recipients of such 12 grants must have been accepted at a state university or 13 community college authorized by Florida law. No student may 14 receive an award for more than the equivalent of 9 semesters 15 or 14 quarters of full-time enrollment, except as otherwise 16 provided in s. 240.404(3). 17 (b) A student applying for a Florida public student 18 assistance grant shall be required to apply for the Pell 19 Grant. The Pell Grant entitlement shall be considered when 20 conducting an assessment of the financial resources available 21 to each student. 22 (c) Priority in the distribution of grant moneys shall 23 be given to students with the lowest total family resources, 24 in accordance with a nationally recognized system of need 25 analysis. Using the system of need analysis, the department 26 shall establish a maximum expected family contribution. An 27 institution may not make a grant from this program to a 28 student whose expected family contribution exceeds the level 29 established by the department. An institution may not impose 30 additional criteria to determine a student's eligibility to 31 receive a grant award. 36 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (d) Each participating institution shall report, to 2 the department by the established date, the eligible students 3 to whom grant moneys are disbursed each academic term and 4 indicate whether or not the student met the application 5 deadline established pursuant to subsection (2). Each 6 institution shall also report to the department necessary 7 demographic and eligibility data for such students. 8 (5)(3) Based on the unmet financial need of an 9 eligible applicant, the amount of a Florida public student 10 assistance grant must be between $200 and the weighted average 11 of the cost of matriculation and other registration fees for 12 30 credit hours at state universities per academic year or the 13 amount specified in the General Appropriations Act. 14 (6)(4)(a) The funds appropriated for the Florida 15 Public Student Assistance Grant shall be distributed to 16 eligible institutions in accordance with a formula recommended 17 by the Department of Education's Florida Council of Student 18 Financial Aid Advisors and reviewed by the Postsecondary 19 Education Planning Commission, the State Board of Community 20 Colleges, and the Board of Regents. The formula shall consider 21 at least the prior year's distribution of funds, the number of 22 full-time eligible applicants who did not receive awards, the 23 number of eligible applicants who met the application 24 deadline, the standardization of the expected family 25 contribution, and provisions for unused funds. 26 (b) Payment of Florida public student assistance 27 grants shall be transmitted to the president of the state 28 university or community college, or to his or her 29 representative, in advance of the registration period. 30 Institutions shall notify students of the amount of their 31 awards. 37 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (c) The eligibility status of each student to receive 2 a disbursement shall be determined by each institution as of 3 the end of its regular registration period, inclusive of a 4 drop-add period. Institutions shall not be required to 5 reevaluate a student's eligibility status after this date for 6 purposes of changing eligibility determinations previously 7 made. 8 (d) Institutions shall certify to the department the 9 amount of funds disbursed to each student, shall indicate 10 whether or not the student met the application deadline 11 established pursuant to subsection (2), and shall remit to the 12 department any undisbursed advances by June 1 of each year. 13 (7)(5) Funds appropriated by the Legislature for state 14 student assistance grants shall be deposited in the State 15 Student Financial Assistance Trust Fund. Notwithstanding the 16 provisions of s. 216.301 and pursuant to s. 216.351, any 17 balance in the trust fund at the end of any fiscal year that 18 has been allocated to the Florida Public Student Assistance 19 Grant Program shall remain therein and shall be available for 20 carrying out the purposes of this section. 21 (8)(6) The State Board of Education shall establish 22 rules necessary to implement this section. 23 Section 18. Section 240.4095, Florida Statutes, is 24 amended to read: 25 240.4095 Florida Private Student Assistance Grant 26 Program; eligibility for grants.-- 27 (1) There is hereby created a Florida Private Student 28 Assistance Grant Program. The program shall be administered by 29 the participating institutions in accordance with rules of the 30 state board. 31 (2) The department is directed to establish an initial 38 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 application deadline for funds administered pursuant to this 2 section. 3 (3) Using the priorities established in this section 4 and in s. 240.40975, institutions shall first award funds 5 administered pursuant to this section to students who met the 6 initial application deadline established pursuant to 7 subsection (2). An institution may, at its discretion, award 8 any remaining funds from this program to students who apply 9 after the deadline date and who are otherwise eligible 10 pursuant to this section. 11 (4)(2)(a) Florida private student assistance grants 12 from the State Student Financial Assistance Trust Fund may be 13 made only to full-time degree-seeking students who enroll in 14 at least 6 semester hours, or the equivalent, per semester and 15 who meet the general requirements for student eligibility as 16 provided in s. 240.404, except as otherwise provided in this 17 section. Such grants shall be awarded for the amount of 18 demonstrated unmet need for tuition and fees and may not 19 exceed an amount equal to the average matriculation and other 20 registration fees for 30 credit hours at state universities 21 plus $1,000 per academic year, or as specified in the General 22 Appropriations Act, to any applicant. A demonstrated unmet 23 need of less than $200 shall render the applicant ineligible 24 for a Florida private student assistance grant. Recipients of 25 such grants must have been accepted at a 26 baccalaureate-degree-granting independent nonprofit college or 27 university, which is accredited by the Commission on Colleges 28 of the Southern Association of Colleges and Schools and which 29 is located in and chartered as a domestic corporation by the 30 state. No student may receive an award for more than the 31 equivalent of 9 semesters or 14 quarters of full-time 39 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 enrollment, except as otherwise provided in s. 240.404(3). 2 (b) A student applying for a Florida private student 3 assistance grant shall be required to apply for the Pell 4 Grant. The Pell Grant entitlement shall be considered when 5 conducting an assessment of the financial resources available 6 to each student. 7 (c) Priority in the distribution of grant moneys shall 8 be given to students with the lowest total family resources, 9 in accordance with a nationally recognized system of need 10 analysis. Using the system of need analysis, the department 11 shall establish a maximum expected family contribution. An 12 institution may not make a grant from this program to a 13 student whose expected family contribution exceeds the level 14 established by the department. An institution may not impose 15 additional criteria to determine a student's eligibility to 16 receive a grant award. 17 (d) Each participating institution shall report, to 18 the department by the established date, the eligible students 19 to whom grant moneys are disbursed each academic term and 20 indicate whether or not the student met the application 21 deadline established pursuant to subsection (2). Each 22 institution shall also report to the department necessary 23 demographic and eligibility data for such students. 24 (5)(3) Based on the unmet financial need of an 25 eligible applicant, the amount of a Florida private student 26 assistance grant must be between $200 and the average cost of 27 matriculation and other registration fees for 30 credit hours 28 at state universities plus $1,000 per academic year or the 29 amount specified in the General Appropriations Act. 30 (6)(4)(a) The funds appropriated for the Florida 31 Private Student Assistance Grant shall be distributed to 40 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 eligible institutions in accordance with a formula recommended 2 by the Department of Education's Florida Council of Student 3 Financial Aid Advisors and reviewed by the Postsecondary 4 Education Planning Commission and the Independent Colleges and 5 Universities of Florida. The formula shall consider at least 6 the prior year's distribution of funds, the number of 7 full-time eligible applicants who did not receive awards, the 8 number of eligible applicants who met the application 9 deadline, the standardization of the expected family 10 contribution, and provisions for unused funds. 11 (b) Payment of Florida private student assistance 12 grants shall be transmitted to the president of the college or 13 university, or to his or her representative, in advance of the 14 registration period. Institutions shall notify students of the 15 amount of their awards. 16 (c) The eligibility status of each student to receive 17 a disbursement shall be determined by each institution as of 18 the end of its regular registration period, inclusive of a 19 drop-add period. Institutions shall not be required to 20 reevaluate a student's eligibility status after this date for 21 purposes of changing eligibility determinations previously 22 made. 23 (d) Institutions shall certify to the department the 24 amount of funds disbursed to each student, shall indicate 25 whether or not the student met the application deadline 26 established pursuant to subsection (2), and shall remit to the 27 department any undisbursed advances by June 1 of each year. 28 (e) Each institution that receives moneys through the 29 Florida Private Student Assistance Grant Program shall cause 30 to be prepared a biennial report that includes an independent 31 external audit of the institution's administration of the 41 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 program and a complete accounting of moneys in the State 2 Student Financial Assistance Trust Fund allocated to the 3 institution for the program. Such report shall be submitted to 4 the department on or before March 1 every other year. The 5 department may conduct its own annual or biennial audit of an 6 institution's administration of the program and its allocated 7 funds in lieu of the required biennial report and independent 8 external audit. The department may suspend or revoke an 9 institution's eligibility to receive future moneys from the 10 trust fund for the program or request a refund of any moneys 11 overpaid to the institution through the trust fund for the 12 program if the department finds that an institution has not 13 complied with the provisions of this section. Any refund 14 requested pursuant to this paragraph shall be remitted within 15 60 days. 16 (7)(5) Funds appropriated by the Legislature for 17 Florida private student assistance grants shall be deposited 18 in the State Student Financial Assistance Trust Fund. 19 Notwithstanding the provisions of s. 216.301 and pursuant to 20 s. 216.351, any balance in the trust fund at the end of any 21 fiscal year that has been allocated to the Florida Private 22 Student Assistance Grant Program shall remain therein and 23 shall be available for carrying out the purposes of this 24 section and as otherwise provided by law. 25 (8)(6) The State Board of Education shall adopt rules 26 necessary to implement this section. 27 Section 19. Section 240.4097, Florida Statutes, is 28 amended to read: 29 240.4097 Florida Postsecondary Student Assistance 30 Grant Program; eligibility for grants.-- 31 (1) There is hereby created a Florida Postsecondary 42 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Student Assistance Grant Program. The program shall be 2 administered by the participating institutions in accordance 3 with rules of the state board. 4 (2) The department is directed to establish an initial 5 application deadline for funds administered pursuant to this 6 section. 7 (3) Using the priorities established in this section 8 and s. 240.40975, institutions shall first award funds 9 administered pursuant to this section to students who meet the 10 initial application deadline established pursuant to 11 subsection (2). An institution may, at its discretion, award 12 any remaining funds from this program to students who apply 13 after the deadline date and who are otherwise eligible 14 pursuant to this section. 15 (4)(2)(a) Florida postsecondary student assistance 16 grants through the State Student Financial Assistance Trust 17 Fund may be made only to full-time degree-seeking students who 18 enroll in at least 6 semester hours, or the equivalent, per 19 semester and who meet the general requirements for student 20 eligibility as provided in s. 240.404, except as otherwise 21 provided in this section. Such grants shall be awarded for 22 the amount of demonstrated unmet need for tuition and fees and 23 may not exceed an amount equal to the average prior academic 24 year cost of matriculation and other registration fees for 30 25 credit hours at state universities plus $1,000 per academic 26 year, or as specified in the General Appropriations Act, to 27 any applicant. A demonstrated unmet need of less than $200 28 shall render the applicant ineligible for a Florida 29 postsecondary student assistance grant. Recipients of such 30 grants must have been accepted at a postsecondary institution 31 that is located in the state and that is: 43 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 1. A private nursing diploma school approved by the 2 Florida Board of Nursing; or 3 2. An institution either licensed by the State Board 4 of Independent Colleges and Universities or exempt from 5 licensure pursuant to s. 246.085(1)(a), excluding those 6 institutions the students of which are eligible to receive a 7 Florida private student assistance grant pursuant to s. 8 240.4095. 9 10 No student may receive an award for more than the equivalent 11 of 9 semesters or 14 quarters of full-time enrollment, except 12 as otherwise provided in s. 240.404(3). 13 (b) A student applying for a Florida postsecondary 14 student assistance grant shall be required to apply for the 15 Pell Grant. The Pell Grant entitlement shall be considered 16 when conducting an assessment of the financial resources 17 available to each student. 18 (c) Priority in the distribution of grant moneys shall 19 be given to students with the lowest total family resources, 20 in accordance with a nationally recognized system of need 21 analysis. Using the system of need analysis, the department 22 shall establish a maximum expected family contribution. An 23 institution may not make a grant from this program to a 24 student whose expected family contribution exceeds the level 25 established by the department. An institution may not impose 26 additional criteria to determine a student's eligibility to 27 receive a grant award. 28 (d) Each participating institution shall report, to 29 the department by the established date, the eligible students 30 to whom grant moneys are disbursed each academic term and 31 indicate whether or not the student met the application 44 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 deadline established pursuant to subsection (2). Each 2 institution shall also report to the department necessary 3 demographic and eligibility data for such students. 4 (5)(3) Based on the unmet financial need of an 5 eligible applicant, the amount of a Florida postsecondary 6 student assistance grant must be between $200 and the average 7 cost of matriculation and other registration fees for 30 8 credit hours at state universities plus $1,000 per academic 9 year or the amount specified in the General Appropriations 10 Act. 11 (6)(4)(a) The funds appropriated for the Florida 12 Postsecondary Student Assistance Grant shall be distributed to 13 eligible institutions in accordance with a formula recommended 14 by the Department of Education's Florida Council of Student 15 Financial Aid Advisors and reviewed by the Postsecondary 16 Education Planning Commission and the Florida Association of 17 Postsecondary Schools and Colleges. The formula shall consider 18 at least the prior year's distribution of funds, the number of 19 full-time eligible applicants who did not receive awards, the 20 number of eligible applicants who met the application 21 deadline, the standardization of the expected family 22 contribution, and provisions for unused funds. 23 (b) Payment of Florida postsecondary student 24 assistance grants shall be transmitted to the president of the 25 eligible institution, or to his or her representative, in 26 advance of the registration period. Institutions shall notify 27 students of the amount of their awards. 28 (c) The eligibility status of each student to receive 29 a disbursement shall be determined by each institution as of 30 the end of its regular registration period, inclusive of a 31 drop-add period. Institutions shall not be required to 45 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 reevaluate a student's eligibility status after this date for 2 purposes of changing eligibility determinations previously 3 made. 4 (d) Institutions shall certify to the department the 5 amount of funds disbursed to each student, shall indicate 6 whether or not the student met the application deadline 7 established pursuant to subsection (2), and shall remit to the 8 department any undisbursed advances by June 1 of each year. 9 (e) Each institution that receives moneys through the 10 Florida Postsecondary Student Assistance Grant Program shall 11 cause to be prepared a biennial report that includes an 12 independent external audit of the institution's administration 13 of the program and a complete accounting of moneys in the 14 State Student Financial Assistance Trust Fund allocated to the 15 institution for the program. Such report shall be submitted 16 to the department on or before March 1 every other year. The 17 department may conduct its own annual or biennial audit of an 18 institution's administration of the program and its allocated 19 funds in lieu of the required biennial report and independent 20 external audit. The department may suspend or revoke an 21 institution's eligibility to receive future moneys from the 22 trust fund for the program or request a refund of any moneys 23 overpaid to the institution through the trust fund for the 24 program if the department finds that an institution has not 25 complied with the provisions of this section. Any refund 26 requested pursuant to this paragraph shall be remitted within 27 60 days. 28 (7)(5) Any institution that was eligible to receive 29 state student assistance grants on January 1, 1989, and that 30 is not eligible to receive grants pursuant to s. 240.4095 is 31 eligible to receive grants pursuant to this section. 46 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (8)(6) Funds appropriated by the Legislature for 2 Florida postsecondary student assistance grants shall be 3 deposited in the State Student Financial Assistance Trust 4 Fund. Notwithstanding the provisions of s. 216.301 and 5 pursuant to s. 216.351, any balance in the trust fund at the 6 end of any fiscal year that has been allocated to the Florida 7 Postsecondary Student Assistance Grant Program shall remain 8 therein and shall be available for carrying out the purposes 9 of this section and as otherwise provided by law. 10 (9)(7) The State Board of Education shall adopt rules 11 necessary to implement this section. 12 Section 20. Section 240.40975, Florida Statutes, is 13 created to read: 14 240.40975 Florida student assistance grant programs; 15 priority for receiving grants.--Priority in the distribution 16 of grants provided pursuant to s. 240.409, s. 240.4095, or s. 17 240.4097 shall be given to eligible applicants in the 18 following order: 19 (1) To full-time students with the greatest financial 20 need as determined by the department. 21 (2) To full-time students with financial need who 22 graduate from public Florida high schools, who have completed 23 the high school courses that are adopted by the Board of 24 Regents and recommended by the State Board of Community 25 Colleges as college-preparatory academic courses, and who rank 26 in the top 20 percent of their high school graduating class. 27 Class rank shall be determined by the Department of Education. 28 (3) To other full-time students with financial need. 29 (4) To part-time students with financial need, if 30 funds are remaining. 31 Section 21. Subsection (3) of section 240.4128, 47 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Florida Statutes, is amended to read: 2 240.4128 Minority teacher education scholars 3 program.--There is created the minority teacher education 4 scholars program, which is a collaborative performance-based 5 scholarship program for African-American, Hispanic-American, 6 Asian-American, and Native American students. The participants 7 in the program include Florida's public community colleges and 8 its public and private universities that have teacher 9 education programs. 10 (3) The total amount appropriated annually for new 11 scholarships in the program must be divided by $4,000 and by 12 the number of participating colleges and universities. Each 13 participating institution has access to the same number of 14 scholarships and may award all of them to eligible minority 15 students. If a college or university does not award all of its 16 scholarships by the date set by the program administration at 17 the Florida Fund for Minority Teachers, Inc., the remaining 18 scholarships must be transferred to another institution that 19 has eligible students. Each participating institution shall 20 report to the department, by the established date, the 21 eligible students to whom scholarships are disbursed each 22 academic term. Each institution shall also report to the 23 department necessary demographic and eligibility data for such 24 students. 25 Section 22. Subsection (6) of section 240.437, Florida 26 Statutes, is amended to read: 27 240.437 Student financial aid planning and 28 development.-- 29 (6) Any Effective July 1, 1992, all new and existing 30 financial assistance programs authorized by state law that are 31 administered by the Bureau of Student Financial Assistance of 48 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 the Department of Education and that under this part which are 2 not funded for 3 consecutive years after enactment shall stand 3 repealed. Financial aid programs provided under this part on 4 July 1, 1992, which lose funding for 3 consecutive years shall 5 stand repealed. The Bureau Office of Student Financial 6 Assistance of the Department of Education shall annually 7 review the legislative appropriation of financial aid to 8 identify such programs. 9 Section 23. Section 240.465, Florida Statutes, is 10 amended to read: 11 240.465 Delinquent accounts.-- 12 (1) The Department of Education is directed to exert 13 every lawful and reasonable effort to collect all delinquent 14 unpaid and uncanceled scholarship loan notes, student loan 15 notes, and defaulted guaranteed loan notes. 16 (2) The department is authorized to establish a 17 recovery account into which unpaid and uncanceled scholarship 18 loan note, student loan note, and defaulted guaranteed loan 19 note accounts may be transferred. 20 (3) The department is authorized to settle any 21 delinquent unpaid and uncanceled scholarship loan notes, 22 student loan notes, and defaulted guaranteed loan notes and to 23 employ the service of a collection agent when deemed advisable 24 in collecting delinquent or defaulted accounts. However, no 25 collection agent may be paid a commission in excess of 35 26 percent of the amount collected. Any expense incurred by the 27 department in enforcing the collection of a loan note may be 28 borne by the signer of the note and may be added to the amount 29 of the principal of such note. 30 (4) The department is authorized to charge off unpaid 31 and uncanceled scholarship loan notes and student loan notes 49 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 which are at least 3 years delinquent and which prove 2 uncollectible after good faith collection efforts. However, a 3 delinquent account with a past due balance of $25 or less may 4 be charged off as uncollectible when it becomes 6 months past 5 due and the cost of further collection effort or assignment to 6 a collection agent would not be warranted. 7 (5) No individual borrower who has been determined to 8 be in default in making legally required scholarship loan, 9 student loan, or guaranteed loan repayments shall be furnished 10 with his or her academic transcripts or other student records 11 until such time as the loan is paid in full or the default 12 status has been removed. 13 (5)(6) The department is authorized to charge an 14 individual borrower who has been determined to be in default 15 in making legally required loan repayments the maximum 16 interest rate authorized by law. 17 (6)(7) The State Board of Education shall adopt such 18 rules as are necessary to regulate the collection, settlement, 19 and charging off of delinquent unpaid and uncanceled 20 scholarship loan notes, student loan notes, and defaulted 21 guaranteed loan notes. 22 Section 24. Notwithstanding subsection (7) of section 23 3 of chapter 2000-321, Laws of Florida, section 240.551, 24 Florida Statutes, shall not stand repealed on January 7, 2003, 25 and is reenacted and amended to read: 26 240.551 Florida Prepaid College Program.-- 27 (1) LEGISLATIVE INTENT.--The Legislature recognizes 28 that educational opportunity at the postsecondary level is a 29 critical state interest. It further recognizes that 30 educational opportunity is best ensured through the provision 31 of postsecondary institutions that are geographically and 50 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 financially accessible. Accordingly, it is the intent of the 2 Legislature that a program be established through which many 3 of the costs associated with postsecondary attendance may be 4 paid in advance and fixed at a guaranteed level for the 5 duration of undergraduate enrollment. It is similarly the 6 intent of the Legislature to provide a program that fosters 7 timely financial planning for postsecondary attendance and to 8 encourage employer participation in such planning through 9 program contributions on behalf of employees and the 10 dependents of employees. 11 (2) DEFINITIONS.-- 12 (a) "Advance payment contract" means a contract 13 entered into by the board and a purchaser pursuant to this 14 section. 15 (b) "Board" means the Florida Prepaid College Board. 16 (c) "Fund" means the Florida Prepaid College Trust 17 Fund. 18 (d) "Program" means the Florida Prepaid College 19 Program. 20 (e) "Purchaser" means a person who makes or is 21 obligated to make advance registration or dormitory residence 22 payments in accordance with an advance payment contract. 23 (f) "Qualified beneficiary" means: 24 1. A resident of this state at the time a purchaser 25 enters into an advance payment contract on behalf of the 26 resident; 27 2. A nonresident who is the child of a noncustodial 28 parent who is a resident of this state at the time that such 29 parent enters into an advance payment contract on behalf of 30 the child; or 31 3. For purposes of advance payment contracts entered 51 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 into pursuant to subsection (22), a graduate of an accredited 2 high school in this state who is a resident of this state at 3 the time he or she is designated to receive the benefits of 4 the advance payment contract. 5 (g) "Registration fee" means matriculation fee, 6 financial aid fee, building fee, and Capital Improvement Trust 7 Fund fee. 8 (h) "State postsecondary institution" means any 9 community college identified in s. 240.3031 or university 10 identified in s. 240.2011. 11 (3) FLORIDA PREPAID COLLEGE PROGRAM; CREATION.--There 12 is created a Florida Prepaid College Program to provide a 13 medium through which the cost of registration and dormitory 14 residence may be paid in advance of enrollment in a state 15 postsecondary institution at a rate lower than the projected 16 corresponding cost at the time of actual enrollment. Such 17 payments shall be combined and invested in a manner that 18 yields, at a minimum, sufficient interest to generate the 19 difference between the prepaid amount and the cost of 20 registration and dormitory residence at the time of actual 21 enrollment. Students who enroll in a state postsecondary 22 institution pursuant to this section shall be charged no fees 23 in excess of the terms delineated in the advance payment 24 contract. 25 (4) FLORIDA PREPAID COLLEGE TRUST FUND.--There is 26 created within the State Board of Administration the Florida 27 Prepaid College Trust Fund. The fund shall consist of state 28 appropriations, moneys acquired from other governmental or 29 private sources, and moneys remitted in accordance with 30 advance payment contracts. All funds deposited into the trust 31 fund may be invested pursuant to s. 215.47. Dividends, 52 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 interest, and gains accruing to the trust fund shall increase 2 the total funds available for the program. Notwithstanding the 3 provisions of chapter 717, funds associated with terminated 4 contracts pursuant to subsection (12) and canceled contracts 5 for which no refunds have been claimed shall increase the 6 total funds available for the program. However, the board 7 shall establish procedures for notifying purchasers who 8 subsequently cancel their contracts of any unclaimed refund 9 and shall establish a time period after which no refund may be 10 claimed by a purchaser who canceled a contract. Any balance 11 contained within the fund at the end of a fiscal year shall 12 remain therein and shall be available for carrying out the 13 purposes of the program. In the event that dividends, 14 interest, and gains exceed the amount necessary for program 15 administration and disbursements, the board may designate an 16 additional percentage of the fund to serve as a contingency 17 fund. Moneys contained within the fund shall be exempt from 18 the investment requirements of s. 18.10. Any funds of a 19 direct-support organization created pursuant to subsection 20 (22) shall be exempt from the provisions of this subsection. 21 (5) PROGRAM ADMINISTRATION.-- 22 (a) The Florida Prepaid College Program shall be 23 administered by the Florida Prepaid College Board as an agency 24 of the state. The Florida Prepaid College Board is hereby 25 created as a body corporate with all the powers of a body 26 corporate for the purposes delineated in this section. For 27 the purposes of s. 6, Art. IV of the State Constitution, the 28 board shall be assigned to and administratively housed within 29 the State Board of Administration, but it shall independently 30 exercise the powers and duties specified in this section. 31 (b) The board shall consist of seven members to be 53 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 composed of the Insurance Commissioner and Treasurer, the 2 Comptroller, the Chancellor of the Board of Regents, the 3 Executive Director of the State Board of Community Colleges, 4 and three members appointed by the Governor and subject to 5 confirmation by the Senate. Each member appointed by the 6 Governor shall possess knowledge, skill, and experience in the 7 areas of accounting, actuary, risk management, or investment 8 management. Each member of the board not appointed by the 9 Governor may name a designee to serve the board on behalf of 10 the member; however, any designee so named shall meet the 11 qualifications required of gubernatorial appointees to the 12 board. Members appointed by the Governor shall serve terms of 13 3 years. Any person appointed to fill a vacancy on the board 14 shall be appointed in a like manner and shall serve for only 15 the unexpired term. Any member shall be eligible for 16 reappointment and shall serve until a successor qualifies. 17 Members of the board shall serve without compensation but 18 shall be reimbursed for per diem and travel in accordance with 19 s. 112.061. Each member of the board shall file a full and 20 public disclosure of his or her financial interests pursuant 21 to s. 8, Art. II of the State Constitution and corresponding 22 statute. 23 (c) The board shall annually elect a board member to 24 serve as chair and a board member to serve as vice chair and 25 shall designate a secretary-treasurer who need not be a member 26 of the board. The secretary-treasurer shall keep a record of 27 the proceedings of the board and shall be the custodian of all 28 printed material filed with or by the board and of its 29 official seal. Notwithstanding the existence of vacancies on 30 the board, a majority of the members shall constitute a 31 quorum. The board shall take no official action in the absence 54 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 of a quorum. The board shall meet, at a minimum, on a 2 quarterly basis at the call of the chair. 3 (6) FLORIDA PREPAID COLLEGE BOARD; DUTIES.--The board 4 shall: 5 (a) Appoint an executive director to serve as the 6 chief administrative and operational officer of the board and 7 to perform other duties assigned to him or her by the board. 8 (b) Administer the fund in a manner that is 9 sufficiently actuarially sound to defray the obligations of 10 the program. The board shall annually evaluate or cause to be 11 evaluated the actuarial soundness of the fund. If the board 12 perceives a need for additional assets in order to preserve 13 actuarial soundness, the board may adjust the terms of 14 subsequent advance payment contracts to ensure such soundness. 15 (c) Establish a comprehensive investment plan for the 16 purposes of this section with the approval of the State Board 17 of Administration. The comprehensive investment plan shall 18 specify the investment policies to be utilized by the board in 19 its administration of the fund. The board may place assets of 20 the fund in savings accounts or use the same to purchase fixed 21 or variable life insurance or annuity contracts, securities, 22 evidence of indebtedness, or other investment products 23 pursuant to the comprehensive investment plan and in such 24 proportions as may be designated or approved under that plan. 25 Such insurance, annuity, savings, or investment products shall 26 be underwritten and offered in compliance with the applicable 27 federal and state laws, regulations, and rules by persons who 28 are duly authorized by applicable federal and state 29 authorities. Within the comprehensive investment plan, the 30 board may authorize investment vehicles, or products incident 31 thereto, as may be available or offered by qualified companies 55 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 or persons. A contract purchaser may not direct the investment 2 of his or her contribution to the trust fund, and a contract 3 beneficiary may not direct the contribution made on his or her 4 behalf to the trust fund. Board members and employees of the 5 board are not prohibited from purchasing advance payment 6 contracts by virtue of their fiduciary responsibilities as 7 members of the board or official duties as employees of the 8 board. 9 (d) Solicit proposals and contract, pursuant to s. 10 287.057, for the marketing of the Florida Prepaid College 11 Program. The entity designated pursuant to this paragraph 12 shall serve as a centralized marketing agent for the program 13 and shall be solely responsible for the marketing of the 14 program. Any materials produced for the purpose of marketing 15 the program shall be submitted to the board for review. No 16 such materials shall be made available to the public before 17 the materials are approved by the board. Any educational 18 institution may distribute marketing materials produced for 19 the program; however, all such materials shall have been 20 approved by the board prior to distribution. Neither the state 21 nor the board shall be liable for misrepresentation of the 22 program by a marketing agent. 23 (e) Solicit proposals and contract, pursuant to s. 24 287.057, for a trustee services firm to select and supervise 25 investment programs on behalf of the board. The goals of the 26 board in selecting a trustee services firm shall be to obtain 27 the highest standards of professional trustee services, to 28 allow all qualified firms interested in providing such 29 services equal consideration, and to provide such services to 30 the state at no cost and to the purchasers at the lowest cost 31 possible. The trustee services firm shall agree to meet the 56 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 obligations of the board to qualified beneficiaries if moneys 2 in the fund fail to offset the obligations of the board as a 3 result of imprudent selection or supervision of investment 4 programs by such firm. Evaluations of proposals submitted 5 pursuant to this paragraph shall include, but not be limited 6 to, the following criteria: 7 1. Adequacy of trustee services for supervision and 8 management of the program, including current operations and 9 staff organization and commitment of management to the 10 proposal. 11 2. Capability to execute program responsibilities 12 within time and regulatory constraints. 13 3. Past experience in trustee services and current 14 ability to maintain regular and continuous interactions with 15 the board, records administrator, and product provider. 16 4. The minimum purchaser participation assumed within 17 the proposal and any additional requirements of purchasers. 18 5. Adequacy of technical assistance and services 19 proposed for staff. 20 6. Adequacy of a management system for evaluating and 21 improving overall trustee services to the program. 22 7. Adequacy of facilities, equipment, and electronic 23 data processing services. 24 8. Detailed projections of administrative costs, 25 including the amount and type of insurance coverage, and 26 detailed projections of total costs. 27 (f) Solicit proposals and contract, pursuant to s. 28 287.057, for product providers to develop investment 29 portfolios on behalf of the board to achieve the purposes of 30 this section. Product providers shall be limited to authorized 31 insurers as defined in s. 624.09, banks as defined in s. 57 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 658.12, associations as defined in s. 665.012, authorized 2 Securities and Exchange Commission investment advisers, and 3 investment companies as defined in the Investment Company Act 4 of 1940. All product providers shall have their principal 5 place of business and corporate charter located and registered 6 in the United States. In addition, each product provider shall 7 agree to meet the obligations of the board to qualified 8 beneficiaries if moneys in the fund fail to offset the 9 obligations of the board as a result of imprudent investing by 10 such provider. Each authorized insurer shall evidence superior 11 performance overall on an acceptable level of surety in 12 meeting its obligations to its policyholders and other 13 contractual obligations. Only qualified public depositories 14 approved by the Insurance Commissioner and Treasurer shall be 15 eligible for board consideration. Each investment company 16 shall provide investment plans as specified within the request 17 for proposals. The goals of the board in selecting a product 18 provider company shall be to provide all purchasers with the 19 most secure, well-diversified, and beneficially administered 20 postsecondary education expense plan possible, to allow all 21 qualified firms interested in providing such services equal 22 consideration, and to provide such services to the state at no 23 cost and to the purchasers at the lowest cost possible. 24 Evaluations of proposals submitted pursuant to this paragraph 25 shall include, but not be limited to, the following criteria: 26 1. Fees and other costs charged to purchasers that 27 affect account values or operational costs related to the 28 program. 29 2. Past and current investment performance, including 30 investment and interest rate history, guaranteed minimum rates 31 of interest, consistency of investment performance, and any 58 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 terms and conditions under which moneys are held. 2 3. Past experience and ability to provide timely and 3 accurate service in the areas of records administration, 4 benefit payments, investment management, and complaint 5 resolution. 6 4. Financial history and current financial strength 7 and capital adequacy to provide products, including operating 8 procedures and other methods of protecting program assets. 9 (7) FLORIDA PREPAID COLLEGE BOARD; POWERS.--The board 10 shall have the powers necessary or proper to carry out the 11 provisions of this section, including, but not limited to, the 12 power to: 13 (a) Adopt an official seal and rules. 14 (b) Sue and be sued. 15 (c) Make and execute contracts and other necessary 16 instruments. 17 (d) Establish agreements or other transactions with 18 federal, state, and local agencies, including state 19 universities and community colleges. 20 (e) Invest funds not required for immediate 21 disbursement. 22 (f) Appear in its own behalf before boards, 23 commissions, or other governmental agencies. 24 (g) Hold, buy, and sell any instruments, obligations, 25 securities, and property determined appropriate by the board. 26 (h) Require a reasonable length of state residence for 27 qualified beneficiaries. 28 (i) Restrict the number of participants in the 29 community college plan, university plan, and dormitory 30 residence plan, respectively. However, any person denied 31 participation solely on the basis of such restriction shall be 59 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 granted priority for participation during the succeeding year. 2 (j) Segregate contributions and payments to the fund 3 into various accounts and funds. 4 (k) Contract for necessary goods and services, employ 5 necessary personnel, and engage the services of private 6 consultants, actuaries, managers, legal counsel, and auditors 7 for administrative or technical assistance. 8 (l) Solicit and accept gifts, grants, loans, and other 9 aids from any source or participate in any other way in any 10 government program to carry out the purposes of this section. 11 (m) Require and collect administrative fees and 12 charges in connection with any transaction and impose 13 reasonable penalties, including default, for delinquent 14 payments or for entering into an advance payment contract on a 15 fraudulent basis. 16 (n) Procure insurance against any loss in connection 17 with the property, assets, and activities of the fund or the 18 board. 19 (o) Impose reasonable time limits on use of the 20 tuition benefits provided by the program. However, any such 21 limitation shall be specified within the advance payment 22 contract. 23 (p) Delineate the terms and conditions under which 24 payments may be withdrawn from the fund and impose reasonable 25 fees and charges for such withdrawal. Such terms and 26 conditions shall be specified within the advance payment 27 contract. 28 (q) Provide for the receipt of contributions in lump 29 sums or installment payments. 30 (r) Require that purchasers of advance payment 31 contracts verify, under oath, any requests for contract 60 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 conversions, substitutions, transfers, cancellations, refund 2 requests, or contract changes of any nature. Verification 3 shall be accomplished as authorized and provided for in s. 4 92.525(1)(a). 5 (s) Delegate responsibility for administration of the 6 comprehensive investment plan required in paragraph (6)(c) to 7 a person the board determines to be qualified. Such person 8 shall be compensated by the board. Directly or through such 9 person, the board may contract with a private corporation or 10 institution to provide such services as may be a part of the 11 comprehensive investment plan or as may be deemed necessary or 12 proper by the board or such person, including, but not limited 13 to, providing consolidated billing, individual and collective 14 recordkeeping and accountings, and asset purchase, control, 15 and safekeeping. 16 (t) Endorse insurance coverage written exclusively for 17 the purpose of protecting advance payment contracts, and the 18 purchasers and beneficiaries thereof, which may be issued in 19 the form of a group life policy and which is exempt from the 20 provisions of part V of chapter 627. 21 (u) Solicit proposals and contract, pursuant to s. 22 287.057, for the services of a records administrator. The 23 goals of the board in selecting a records administrator shall 24 be to provide all purchasers with the most secure, 25 well-diversified, and beneficially administered postsecondary 26 education expense plan possible, to allow all qualified firms 27 interested in providing such services equal consideration, and 28 to provide such services to the state at no cost and to the 29 purchasers at the lowest cost possible. Evaluations of 30 proposals submitted pursuant to this paragraph shall include, 31 but not be limited to, the following criteria: 61 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 1. Fees and other costs charged to purchasers that 2 affect account values or operational costs related to the 3 program. 4 2. Past experience in records administration and 5 current ability to provide timely and accurate service in the 6 areas of records administration, audit and reconciliation, 7 plan communication, participant service, and complaint 8 resolution. 9 3. Sufficient staff and computer capability for the 10 scope and level of service expected by the board. 11 4. Financial history and current financial strength 12 and capital adequacy to provide administrative services 13 required by the board. 14 (v) Establish other policies, procedures, and criteria 15 to implement and administer the provisions of this section. 16 (w) Adopt procedures to govern contract dispute 17 proceedings between the board and its vendors. 18 (8) QUALIFIED STATE TUITION PROGRAM 19 STATUS.--Notwithstanding any other provision of this section, 20 the board may adopt rules necessary to enable the program to 21 retain its status as a "qualified state tuition program" in 22 order to maintain its tax exempt status or other similar 23 status of the program, purchasers, and qualified beneficiaries 24 under the Internal Revenue Code of 1986, as defined in s. 25 220.03(1). The board shall inform purchasers of changes to the 26 tax or securities status of contracts purchased through the 27 program. 28 (9) PREPAID COLLEGE PLANS.--At a minimum, the board 29 shall make advance payment contracts available for two 30 independent plans to be known as the community college plan 31 and the university plan. The board may also make advance 62 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 payment contracts available for a dormitory residence plan. 2 (a)1. Through the community college plan, the advance 3 payment contract shall provide prepaid registration fees for a 4 specified number of undergraduate semester credit hours not to 5 exceed the average number of hours required for the conference 6 of an associate degree. The cost of participation in the 7 community college plan shall be based primarily on the average 8 current and projected registration fees within the Florida 9 Community College System and the number of years expected to 10 elapse between the purchase of the plan on behalf of a 11 qualified beneficiary and the exercise of the benefits 12 provided in the plan by such beneficiary. Qualified 13 beneficiaries shall bear the cost of any laboratory fees 14 associated with enrollment in specific courses. Each qualified 15 beneficiary shall be classified as a resident for tuition 16 purposes, pursuant to s. 240.1201, regardless of his or her 17 actual legal residence. 18 2. Effective July 1, 1998, the board may provide 19 advance payment contracts for additional fees delineated in s. 20 240.35, not to exceed the average number of hours required for 21 the conference of an associate degree, in conjunction with 22 advance payment contracts for registration fees. The cost of 23 purchasing such fees shall be based primarily on the average 24 current and projected fees within the Florida Community 25 College System and the number of years expected to elapse 26 between the purchase of the plan on behalf of the beneficiary 27 and the exercise of benefits provided in the plan by such 28 beneficiary. Community college plan contracts purchased prior 29 to July 1, 1998, shall be limited to the payment of 30 registration fees as defined in subsection (2). 31 (b)1. Through the university plan, the advance payment 63 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 contract shall provide prepaid registration fees for a 2 specified number of undergraduate semester credit hours not to 3 exceed the average number of hours required for the conference 4 of a baccalaureate degree. The cost of participation in the 5 university plan shall be based primarily on the current and 6 projected registration fees within the State University System 7 and the number of years expected to elapse between the 8 purchase of the plan on behalf of a qualified beneficiary and 9 the exercise of the benefits provided in the plan by such 10 beneficiary. Qualified beneficiaries shall bear the cost of 11 any laboratory fees associated with enrollment in specific 12 courses. Each qualified beneficiary shall be classified as a 13 resident for tuition purposes pursuant to s. 240.1201, 14 regardless of his or her actual legal residence. 15 2. Effective July 1, 1998, the board may provide 16 advance payment contracts for additional fees delineated in s. 17 240.235(1), for a specified number of undergraduate semester 18 credit hours not to exceed the average number of hours 19 required for the conference of a baccalaureate degree, in 20 conjunction with advance payment contracts for registration 21 fees. Such contracts shall provide prepaid coverage for the 22 sum of such fees, to a maximum of 45 percent of the cost of 23 registration fees. The costs of purchasing such fees shall be 24 based primarily on the average current and projected cost of 25 these fees within the State University System and the number 26 of years expected to elapse between the purchase of the plan 27 on behalf of the qualified beneficiary and the exercise of the 28 benefits provided in the plan by such beneficiary. University 29 plan contracts purchased prior to July 1, 1998, shall be 30 limited to the payment of registration fees as defined in 31 subsection (2). 64 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (c) Through the dormitory residence plan, the advance 2 payment contract may provide prepaid housing fees for a 3 maximum of 10 semesters of full-time undergraduate enrollment 4 in a state university. Dormitory residence plans shall be 5 purchased in increments of 2 semesters. The cost of 6 participation in the dormitory residence plan shall be based 7 primarily on the average current and projected housing fees 8 within the State University System and the number of years 9 expected to elapse between the purchase of the plan on behalf 10 of a qualified beneficiary and the exercise of the benefits 11 provided in the plan by such beneficiary. Qualified 12 beneficiaries shall have the highest priority in the 13 assignment of housing within university residence halls. 14 Qualified beneficiaries shall bear the cost of any additional 15 elective charges such as laundry service or long-distance 16 telephone service. Each state university may specify the 17 residence halls or other university-held residences eligible 18 for inclusion in the plan. In addition, any state university 19 may request immediate termination of a dormitory residence 20 contract based on a violation or multiple violations of rules 21 of the residence hall or other university-held residences. In 22 the event that sufficient housing is not available for all 23 qualified beneficiaries, the board shall refund the purchaser 24 or qualified beneficiary an amount equal to the fees charged 25 for dormitory residence during that semester. If a qualified 26 beneficiary fails to be admitted to a state university or 27 chooses to attend a community college that operates one or 28 more dormitories or residency opportunities, or has one or 29 more dormitories or residency opportunities operated by the 30 community college direct-support organization, the qualified 31 beneficiary may transfer or cause to have transferred to the 65 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 community college, or community college direct-support 2 organization, the fees associated with dormitory residence. 3 Dormitory fees transferred to the community college or 4 community college direct-support organization may not exceed 5 the maximum fees charged for state university dormitory 6 residence for the purposes of this section, or the fees 7 charged for community college or community college 8 direct-support organization dormitories or residency 9 opportunities, whichever is less. 10 (10) TRANSFER OF BENEFITS TO PRIVATE AND OUT-OF-STATE 11 COLLEGES AND UNIVERSITIES AND TO AREA TECHNICAL CENTERS.--A 12 qualified beneficiary may apply the benefits of an advance 13 payment contract toward: 14 (a) Any eligible independent college or university. An 15 independent college or university that is located and 16 chartered in Florida, that is not for profit, that is 17 accredited by the Commission on Colleges of the Southern 18 Association of Colleges and Schools or the Accrediting Council 19 for Independent Colleges and Schools Accrediting Commission of 20 the Association of Independent Colleges and Schools, and that 21 confers degrees as defined in s. 246.021, is eligible for such 22 application. The board shall transfer, or cause to have 23 transferred, to the eligible independent college or university 24 designated by the qualified beneficiary an amount not to 25 exceed the redemption value of the advance payment contract at 26 within a state postsecondary institution. If the cost of 27 registration or housing fees at the independent college or 28 university is less than the corresponding fees at a state 29 postsecondary institution, the amount transferred shall not 30 exceed the actual cost of registration or housing fees. A 31 transfer authorized under this paragraph may not exceed the 66 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 number of semester credit hours or semesters of dormitory 2 residence contracted on behalf of a qualified beneficiary. 3 (b) An eligible out-of-state college or university. An 4 out-of-state college or university that is not for profit and 5 is accredited by a regional accrediting association, and that 6 confers degrees, is eligible for such application. The board 7 shall transfer, or cause to have transferred, an amount not to 8 exceed the redemption value of the advance payment contract at 9 a state postsecondary institution or the original purchase 10 price plus 5 percent compounded interest, whichever is less, 11 after assessment of a reasonable transfer fee. If the cost of 12 registration or housing fees charged the qualified beneficiary 13 at the eligible out-of-state college or university is less 14 than this calculated amount, the amount transferred shall not 15 exceed the actual cost of registration or housing fees. Any 16 remaining amount shall be transferred in subsequent semesters 17 until the transfer value is depleted. A transfer authorized 18 under this paragraph may not exceed the number of semester 19 credit hours or semesters of dormitory residence contracted on 20 behalf of a qualified beneficiary. 21 (c) An applied technology diploma program or 22 vocational certificate program conducted by a community 23 college listed in s. 240.3031 or an area technical center 24 operated by a district school board. The board shall transfer 25 or cause to be transferred to the community college or area 26 technical center designated by the qualified beneficiary an 27 amount not to exceed the redemption value of the advance 28 payment contract at within a state postsecondary institution. 29 If the cost of the fees charged by the college or center, as 30 authorized in s. 239.117, is less than the corresponding fees 31 at a state postsecondary institution, the amount transferred 67 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 may not exceed the actual cost of the fees. A transfer 2 authorized under this paragraph may not exceed the number of 3 semester credit hours contracted on behalf of a qualified 4 beneficiary. 5 6 Notwithstanding any other provision in this section, an 7 institution must be an "eligible educational institution" 8 under s. 529 of the Internal Revenue Code to be eligible for 9 the transfer of advance payment contract benefits. 10 (11) ADVANCE PAYMENT CONTRACTS; CONTENTS.--The board 11 shall construct advance payment contracts for registration and 12 may construct advance payment contracts for dormitory 13 residence as provided in this section. Advance payment 14 contracts constructed for the purposes of this section shall 15 be exempt from chapter 517 and the Florida Insurance Code. 16 Such contracts shall include, but not be limited to, the 17 following: 18 (a) The amount of the payment or payments and the 19 number of payments required from a purchaser on behalf of a 20 qualified beneficiary. 21 (b) The terms and conditions under which purchasers 22 shall remit payments, including, but not limited to, the date 23 or dates upon which each payment shall be due. 24 (c) Provisions for late payment charges and for 25 default. 26 (d) Provisions for penalty fees for withdrawals from 27 the fund. 28 (e) Except for an advance payment contract entered 29 into pursuant to subsection (22) or subsection (23), the name 30 and date of birth of the qualified beneficiary on whose behalf 31 the contract is drawn and the terms and conditions under which 68 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 another person may be substituted as the qualified 2 beneficiary. 3 (f) The name of any person who may terminate the 4 contract. The terms of the contract shall specify whether the 5 contract may be terminated by the purchaser, the qualified 6 beneficiary, a specific designated person, or any combination 7 of these persons. 8 (g) The terms and conditions under which a contract 9 may be terminated, modified, or converted, the name of the 10 person entitled to any refund due as a result of termination 11 of the contract pursuant to such terms and conditions, and the 12 amount of refund, if any, due to the person so named. 13 (h) The number of semester credit hours or semesters 14 of dormitory residence contracted by the purchaser. 15 (i) The state postsecondary system toward which the 16 contracted credit hours or semesters of dormitory residence 17 will be applied. 18 (j) The assumption of a contractual obligation by the 19 board to the qualified beneficiary to provide for a specified 20 number of semester credit hours of undergraduate instruction 21 at a state postsecondary institution, not to exceed the 22 average number of credit hours required for the conference of 23 the degree that corresponds to the plan purchased on behalf of 24 the qualified beneficiary or to provide for a specified number 25 of semesters of dormitory residence, not to exceed the number 26 of semesters of full-time enrollment required for the 27 conference of a baccalaureate degree. 28 (k) Other terms and conditions deemed by the board to 29 be necessary or proper. 30 (12) DURATION OF BENEFITS; ADVANCE PAYMENT 31 CONTRACT.--An advance payment contract may provide that 69 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 contracts which have not been terminated or the benefits 2 exercised within a specified period of time shall be 3 considered terminated. Time expended by a qualified 4 beneficiary as an active duty member of any of the armed 5 services of the United States shall be added to the period of 6 time specified pursuant to this subsection. No purchaser or 7 qualified beneficiary whose advance payment contract is 8 terminated pursuant to this subsection shall be entitled to a 9 refund. The board shall retain any moneys paid by the 10 purchaser for an advance payment contract that has been 11 terminated in accordance with this subsection. Such moneys 12 retained by the board are exempt from chapter 717, and such 13 retained moneys must be used by the board to further the 14 purposes of this section. 15 (13) REFUNDS.-- 16 (a) Except as provided in paragraphs (b), and (c), and 17 (f), no refund shall exceed the amount paid into the fund by 18 the purchaser. 19 (b) If the beneficiary is awarded a scholarship, the 20 terms of which cover the benefits included in the advance 21 payment contracts, moneys paid for the purchase of the advance 22 payment contracts shall be refunded returned to the purchaser 23 in semester installments coinciding with the matriculation by 24 the beneficiary in an amount which, in total, does not exceed 25 the redemption value of the advance payment contract at a 26 state postsecondary institution amounts of either the original 27 purchase price plus 5 percent compounded interest, or the 28 current rates at state postsecondary institutions, whichever 29 is less. 30 (c) In the event of the death or total disability of 31 the beneficiary, moneys paid for the purchase of advance 70 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 payment contracts shall be refunded returned to the purchaser 2 in an amount not to exceed the redemption value of the advance 3 payment contract at a state postsecondary institution together 4 with 5 percent compounded interest, or the current rates at 5 state postsecondary institutions, whichever is less. 6 (d) If an advance payment contract is converted from 7 one registration plan to a plan of lesser value, the amount 8 refunded shall not exceed the difference between the amount 9 paid for the original contract and the amount that would have 10 been paid for the contract to which the plan is converted had 11 the converted plan been purchased under the same payment plan 12 at the time the original advance payment contract was 13 executed. 14 (e) No refund shall be authorized through an advance 15 payment contract for any school year partially attended but 16 not completed. For purposes of this section, a school year 17 partially attended but not completed shall mean any one 18 semester whereby the student is still enrolled at the 19 conclusion of the official drop-add period, but withdraws 20 before the end of such semester. If a beneficiary does not 21 complete a community college plan or university plan for 22 reasons other than specified in paragraph (c), the purchaser 23 shall receive a refund of the amount paid into the fund for 24 the remaining unattended years of the advance payment contract 25 pursuant to rules promulgated by the board. 26 (f) Benefits purchased under the Florida Prepaid 27 College Program shall be permitted to roll over to a college 28 savings program, as defined under s. 529 of the United States 29 Internal Revenue Code, relating to qualified state tuition 30 programs. The board shall transfer, or cause to have 31 transferred, an amount not to exceed the redemption value of 71 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 the advance payment contract at a state postsecondary 2 institution in Florida at the time of the rollover, after 3 assessment of a reasonable transfer fee. 4 (14) CONFIDENTIALITY OF ACCOUNT 5 INFORMATION.--Information that identifies the purchasers or 6 beneficiaries of any plan promulgated under this section and 7 their advance payment account activities is exempt from the 8 provisions of s. 119.07(1). However, the board may authorize 9 the program's records administrator to release such 10 information to a community college, college, or university in 11 which a beneficiary may enroll or is enrolled. Community 12 colleges, colleges, and universities shall maintain such 13 information as exempt from the provisions of s. 119.07(1). 14 (15) OBLIGATIONS OF BOARD; PAYMENT.--The state shall 15 agree to meet the obligations of the board to qualified 16 beneficiaries if moneys in the fund fail to offset the 17 obligations of the board. The Legislature shall appropriate to 18 the Florida Prepaid College Trust Fund the amount necessary to 19 meet the obligations of the board to qualified beneficiaries. 20 (16) ASSETS OF THE FUND; EXPENDITURE PRIORITY.--The 21 assets of the fund shall be maintained, invested, and expended 22 solely for the purposes of this section and shall not be 23 loaned, transferred, or otherwise used by the state for any 24 purpose other than the purposes of this section. This 25 subsection shall not be construed to prohibit the board from 26 investing in, by purchase or otherwise, bonds, notes, or other 27 obligations of the state or an agency or instrumentality of 28 the state. Unless otherwise specified by the board, assets of 29 the fund shall be expended in the following order of priority: 30 (a) To make payments to state postsecondary 31 institutions on behalf of qualified beneficiaries. 72 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 (b) To make refunds upon termination of advance 2 payment contracts. 3 (c) To pay the costs of program administration and 4 operations. 5 (17) EXEMPTION FROM CLAIMS OF CREDITORS.--Moneys paid 6 into or out of the fund by or on behalf of a purchaser or 7 qualified beneficiary of an advance payment contract made 8 under this section, which contract has not been terminated, 9 are exempt, as provided by s. 222.22, from all claims of 10 creditors of the purchaser or the beneficiary. Neither moneys 11 paid into the program nor benefits accrued through the program 12 may be pledged for the purpose of securing a loan. 13 (18) PAYROLL DEDUCTION AUTHORITY.--The state or any 14 state agency, county, municipality, or other political 15 subdivision may, by contract or collective bargaining 16 agreement, agree with any employee to remit payments toward 17 advance payment contracts through payroll deductions made by 18 the appropriate officer or officers of the state, state 19 agency, county, municipality, or political subdivision. Such 20 payments shall be held and administered in accordance with 21 this section. 22 (19) DISCLAIMER.--Nothing in this section shall be 23 construed as a promise or guarantee that a qualified 24 beneficiary will be admitted to a state postsecondary 25 institution or to a particular state postsecondary 26 institution, will be allowed to continue enrollment at a state 27 postsecondary institution after admission, or will be 28 graduated from a state postsecondary institution. 29 (20) PROGRAM TERMINATION.--In the event that the state 30 determines the program to be financially infeasible, the state 31 may discontinue the provision of the program. Any qualified 73 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 beneficiary who has been accepted by and is enrolled or is 2 within 5 years of enrollment in an eligible independent 3 college or university or state postsecondary institution shall 4 be entitled to exercise the complete benefits for which he or 5 she has contracted. All other contract holders shall receive a 6 refund of the amount paid in and an additional amount in the 7 nature of interest at a rate that corresponds, at a minimum, 8 to the prevailing interest rates for savings accounts provided 9 by banks and savings and loan associations. 10 (21) ANNUAL REPORT.--The board shall annually prepare 11 or cause to be prepared a report setting forth in appropriate 12 detail an accounting of the fund and a description of the 13 financial condition of the program at the close of each fiscal 14 year. Such report shall be submitted to the President of the 15 Senate, the Speaker of the House of Representatives, and 16 members of the State Board of Education on or before March 31 17 each year. In addition, the board shall make the report 18 available to purchasers of advance payment contracts. The 19 board shall provide to the Board of Regents and the State 20 Board of Community Colleges, by March 31 each year, complete 21 advance payment contract sales information, including 22 projected postsecondary enrollments of qualified 23 beneficiaries. The accounts of the fund shall be subject to 24 annual audits by the Auditor General or his or her designee. 25 (22) DIRECT-SUPPORT ORGANIZATION; AUTHORITY.-- 26 (a) The board may establish a direct-support 27 organization which is: 28 1. A Florida corporation, not for profit, incorporated 29 under the provisions of chapter 617 and approved by the 30 Secretary of State. 31 2. Organized and operated exclusively to receive, 74 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 hold, invest, and administer property and to make expenditures 2 to or for the benefit of the program. 3 3. An organization which the board, after review, has 4 certified to be operating in a manner consistent with the 5 goals of the program and in the best interests of the state. 6 Unless so certified, the organization may not use the name of 7 the program. 8 (b) The direct-support organization shall operate 9 under written contract with the board. The contract must 10 provide for: 11 1. Approval of the articles of incorporation and 12 bylaws of the direct-support organization by the board. 13 2. Submission of an annual budget for the approval of 14 the board. The budget must comply with rules adopted by the 15 board. 16 3. An annual financial and compliance audit of its 17 financial accounts and records by an independent certified 18 public accountant in accordance with rules adopted by the 19 board. 20 4. Certification by the board that the direct-support 21 organization is complying with the terms of the contract and 22 in a manner consistent with the goals and purposes of the 23 board and in the best interest of the state. Such 24 certification must be made annually and reported in the 25 official minutes of a meeting of the board. 26 5. The reversion to the board, or to the state if the 27 board ceases to exist, of moneys and property held in trust by 28 the direct-support organization for the benefit of the board 29 or program if the direct-support organization is no longer 30 approved to operate for the board or if the board ceases to 31 exist. 75 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 6. The fiscal year of the direct-support organization, 2 which must begin July 1 of each year and end June 30 of the 3 following year. 4 7. The disclosure of material provisions of the 5 contract and of the distinction between the board and the 6 direct-support organization to donors of gifts, contributions, 7 or bequests, and such disclosure on all promotional and 8 fundraising publications. 9 (c) An annual financial and compliance audit of the 10 financial accounts and records of the direct-support 11 organization must be performed by an independent certified 12 public accountant. The audit must be submitted to the board 13 for review and approval. Upon approval, the board shall 14 certify the audit report to the Auditor General for review. 15 The board and Auditor General shall have the authority to 16 require and receive from the organization or its independent 17 auditor any detail or supplemental data relative to the 18 operation of the organization. 19 (d) The identity of donors who desire to remain 20 anonymous shall be confidential and exempt from the provisions 21 of s. 119.07(1) and s. 24(a), Art. I of the State 22 Constitution, and such anonymity shall be maintained in the 23 auditor's report. Information received by the organization 24 that is otherwise confidential or exempt by law shall retain 25 such status. Any sensitive, personal information regarding 26 contract beneficiaries, including their identities, is exempt 27 from the provisions of s. 119.07(1) and s. 24(a), Art. I of 28 the State Constitution. 29 (e) The chair and the executive director of the board 30 shall be directors of the direct-support organization and 31 shall jointly name, at a minimum, three other individuals to 76 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 serve as directors of the organization. 2 (f) The board may authorize the direct-support 3 organization established in this subsection to use program 4 property, except money, and use facilities and personal 5 services subject to the provisions of this section. If the 6 direct-support organization does not provide equal employment 7 opportunities to all persons regardless of race, color, 8 religion, sex, age, or national origin, it may not use the 9 property, facilities, or personal services of the board. For 10 the purposes of this subsection, the term "personal services" 11 includes full-time personnel and part-time personnel as well 12 as payroll processing as prescribed by rule of the board. The 13 board shall adopt rules prescribing the procedures by which 14 the direct-support organization is governed and any conditions 15 with which such a direct-support organization must comply to 16 use property, facilities, or personal services of the board. 17 (g) The board may invest funds of the direct-support 18 organization which have been allocated for the purchase of 19 advance payment contracts for scholarships with receipts for 20 advance payment contracts. 21 (23) SCHOLARSHIPS.--A nonprofit organization described 22 in s. 501 (c)(3) of the United States Internal Revenue Code 23 and exempt from taxation under s. 501(a) of the United States 24 Internal Revenue Code may purchase advance payment contracts 25 for a scholarship program that has been approved by the board 26 and is operated by the purchasing organization. 27 Section 25. Section 240.6053, Florida Statutes, is 28 created to read: 29 240.6053 Academic program contracts.-- 30 (1) Academic program contracts with independent 31 institutions recommended by the Postsecondary Education 77 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Planning Commission pursuant to s. 240.147(4), and approved by 2 the State Board of Education pursuant to s. 229.053(2), shall 3 be administered by the Department of Education. 4 (2) Funding for such contracts shall be based on the 5 average cost to the state to provide similar programs in the 6 State University System or an amount specified in the General 7 Appropriations Act. 8 (3) Priority for academic program contract support 9 shall be given to students with demonstrated financial need. 10 To be eligible for such support, a student shall meet the 11 general requirements for student eligibility for state 12 financial aid pursuant to s. 240.404. 13 (4) The tuition and fees assessed students supported 14 through an academic program contract shall not exceed the 15 amount required to pay the average matriculation and fees for 16 a comparable program at a state university. 17 (5) The amount an institution receives per student for 18 funding pursuant to this section, plus the tuition and fees 19 paid by the student, plus the value of the Florida Resident 20 Access Grant received by the student shall not exceed the full 21 cost per student to the state of a similar program in the 22 State University System. 23 (6) Institutions receiving support pursuant to this 24 section shall annually submit to the department data on 25 performance measures, including, but not limited to, degrees 26 granted, graduation rates, licensure or certification rates of 27 graduates where applicable, and employment in Florida. 28 Section 26. Section 295.02, Florida Statutes, is 29 amended to read: 30 295.02 Use of funds; age, etc.-- 31 (1) All sums appropriated and expended under this 78 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 chapter shall be used to pay tuition and registration fees as 2 defined by the Department of Education, board, and room rent 3 and to buy books and supplies for the children of: 4 (a) Deceased or disabled veterans or service members, 5 as defined and limited in s. 295.01, s. 295.016, s. 295.017, 6 s. 295.018, s. 295.019, or s. 295.0195; or, or of 7 (b) Parents classified as prisoners of war or missing 8 in action, as defined and limited in s. 295.015., who are 9 (2) Such children must be between the ages of 16 and 10 22 years and who are in attendance at: 11 (a) A state-supported institution of higher learning, 12 including a community college or vocational-technical school; 13 or. 14 (b) A postsecondary education institution eligible to 15 participate in the Florida Bright Futures Scholarship Program. 16 A student attending an eligible independent postsecondary 17 education institution may receive an award equivalent to the 18 average matriculation and fees calculated for full-time 19 attendance at a public postsecondary education institution at 20 the comparable level. 21 22 Any child having entered upon a course of training or 23 education under the provisions of this chapter, consisting of 24 a course of not more than 4 years, and arriving at the age of 25 22 years before the completion of such course may continue the 26 course and receive all benefits of the provisions of this 27 chapter until the course is completed. 28 (3) The Department of Education shall administer this 29 educational program subject to rules regulations of the State 30 Board of Education department. The state board is authorized 31 to adopt rules to implement the provisions of this program. 79 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Section 27. Except as otherwise provided herein, this 2 act shall take effect July 1, 2001. 3 4 5 ================ T I T L E A M E N D M E N T =============== 6 And the title is amended as follows: 7 remove from the title of the bill: the entire title 8 9 and insert in lieu thereof: 10 A bill to be entitled 11 An act relating to student financial 12 assistance; amending s. 231.621, F.S.; 13 providing for loan repayments under the 14 Critical Teacher Shortage Student Loan 15 Forgiveness Program directly to the teacher 16 under certain circumstances; amending s. 17 240.209, F.S.; revising language with respect 18 to student fees; increasing the percentage of 19 funds from the financial aid fee to be used for 20 need-based financial aid; requiring Board of 21 Regents to develop criteria for making awards; 22 providing for an annual report; amending s. 23 240.271, F.S.; requiring that a minimum 24 percentage of funds provided in the General 25 Appropriations Act for fellowship and fee 26 waivers shall be used only to support graduate 27 students or upper-division students in certain 28 disciplines; amending s. 240.35, F.S.; revising 29 language with respect to student fees; 30 increasing the percentage of funds from the 31 financial aid fee to be used for need-based 80 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 financial aid; revising provisions regarding 2 annual report; amending s. 240.40201, F.S.; 3 revising general student eligibility 4 requirements for the Florida Bright Futures 5 Scholarship Program; amending s. 240.40202, 6 F.S., relating to the Florida Bright Futures 7 Scholarship Program; revising student 8 eligibility provisions for initial award of a 9 Florida Bright Futures Scholarship; revising 10 language with respect to reinstatement 11 applications; requiring school districts to 12 provide each high school student a Florida 13 Bright Futures Scholarship Evaluation Report 14 and Key; amending s. 240.40203, F.S.; providing 15 requirements for renewal, reinstatement, and 16 restoration awards under the Florida Bright 17 Futures Scholarship Program; revising 18 provisions relating to award limits; amending 19 s. 240.40204, F.S.; updating obsolete language 20 with respect to eligible postsecondary 21 education institutions under the Florida Bright 22 Futures Scholarship Program; amending s. 23 240.40205, F.S.; revising eligibility 24 requirements with respect to the Florida 25 Academic Scholars award; amending s. 240.40206, 26 F.S.; changing the name of the Florida Merit 27 Scholars award to the Florida Medallion 28 Scholars award; revising eligibility 29 requirements with respect to the award; 30 amending s. 240.40207, F.S.; revising 31 eligibility requirements with respect to the 81 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 Florida Gold Seal Vocational Scholars award; 2 providing restrictions on use of the award; 3 providing for transfer of awards; creating s. 4 240.40211, F.S.; providing for Florida Bright 5 Futures Scholarship Program targeted 6 occupations; providing student awards; 7 repealing s. 240.40242, F.S., relating to the 8 use of certain scholarship funds by children of 9 deceased or disabled veterans; providing for 10 the Florida Bright Futures Scholarship Testing 11 Program; requiring the Articulation 12 Coordinating Committee to identify scores, 13 credit, and courses for which credit may be 14 awarded for specified examinations; requiring 15 the completion of examinations for receipt of 16 certain awards; providing requirements with 17 respect to the award of credit; requiring 18 annual reporting of the effectiveness of the 19 program; amending s. 240.404, F.S.; revising 20 language with respect to general requirements 21 for student eligibility for state financial 22 aid; reenacting, renumbering, and amending ss. 23 240.2985 and 240.6054, F.S.; revising and 24 combining provisions relating to ethics in 25 business scholarships; amending s. 240.409, 26 F.S.; revising language with respect to the 27 Florida Public Student Assistance Grant 28 Program; revising eligibility criteria; 29 amending s. 240.4095, F.S.; revising language 30 with respect to the Florida Private Student 31 Assistance Grant Program; revising eligibility 82 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 criteria; amending s. 240.4097, F.S.; revising 2 language with respect to the Florida 3 Postsecondary Student Assistance Grant Program; 4 revising eligibility criteria; creating s. 5 240.40975, F.S.; providing for priority with 6 respect to Florida student assistance grant 7 programs; amending s. 240.4128, F.S.; revising 8 language with respect to the minority teacher 9 education scholars program; requiring 10 participating institutions to report on 11 eligible students to whom scholarships are 12 disbursed each academic term; amending s. 13 240.437, F.S.; revising language with respect 14 to student financial aid planning and 15 development; amending s. 240.465, F.S.; 16 deleting language which prohibits certain 17 delinquent borrowers from being furnished with 18 their academic transcripts; reenacting and 19 amending s. 240.551, F.S.; revising language 20 with respect to the Florida Prepaid College 21 Program; revising language with respect to 22 transfer and refund provisions; providing for a 23 rollover of benefits to a college savings 24 program at the redemption value of the advance 25 payment contract at a state postsecondary 26 institution; revising provisions relating to 27 appointment of directors of the direct-support 28 organization; authorizing the purchase of 29 advance payment contracts for scholarships by 30 nonprofit organizations; creating s. 240.6053, 31 F.S.; providing for academic program contracts 83 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813
HOUSE AMENDMENT Bill No. SB 1162, 1st Eng. Amendment No. ___ (for drafter's use only) 1 and for funding thereof; amending s. 295.02, 2 F.S.; including postsecondary education 3 institutions eligible to participate in the 4 Florida Bright Futures Scholarship Program 5 among institutions at which children of certain 6 service members may receive an award under ch. 7 295, F.S.; providing effective dates. 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 84 File original & 9 copies 05/01/01 hbd0005 05:42 pm 01162-0024-720813