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A bill to be entitled |
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An act relating to student financial assistance; amending |
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s. 1009.50, F.S.; revising provisions relating to student |
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eligibility for receipt of a Florida public student |
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assistance grant; providing an appropriation; providing an |
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effective date. |
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Be It Enacted by the Legislature of the State of Florida: |
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Section 1. Paragraph (a) of subsection (2) and subsection |
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(3) of section 1009.50, Florida Statutes, are amended to read: |
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1009.50 Florida Public Student Assistance Grant Program; |
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eligibility for grants.-- |
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(2)(a) State student assistance grants through the program |
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may be made only to degree-seeking students who enroll in at |
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least 36semester hours, or the equivalent per term, and who |
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meet the general requirements for student eligibility as |
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provided in s. 1009.40, except as otherwise provided in this |
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section. The grants shall be awarded annually for the amount of |
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demonstrated unmet need for the cost of education and may not |
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exceed an amount equal to the average prior academic year cost |
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of tuition,feesand other registration fees, and assigned books |
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and supplies for 4030credit hours at state universities or |
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such other amount as specified in the General Appropriations |
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Act, to any recipient. A demonstrated unmet need of less than |
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$100$200shall render the applicant ineligible for a state |
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student assistance grant. Recipients of the grants must have |
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been accepted at a state university or community college |
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authorized by Florida law. A student is eligible for the award |
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for 125110percent of the number of credit hours required to |
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complete the program in which enrolled, except as otherwise |
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provided in s. 1009.40(3). |
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(3) Based on the unmet financial need of an eligible |
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applicant, the amount of a Florida public student assistance |
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grant must be between $100$200and the weighted average of the |
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cost of tuition,and other registration fees, and assigned books |
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and supplies for 4030credit hours at state universities per |
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academic year or the amount specified in the General |
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Appropriations Act. |
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Section 2. There is hereby appropriated from the General |
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Revenue Fund to the Department of Education for fiscal year |
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2003-2004 the sum of $30 million for the Florida Public Student |
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Assistance Grant Program.
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Section 3. This act shall take effect July 1, 2003. |