Senate Bill 1652

    Florida Senate - 1998                                  SB 1652

    By Senator Hargrett





    28-1271-98                                              See HB

  1                      A bill to be entitled

  2         An act relating to the Florida Bright Futures

  3         Scholarship Program; amending s. 240.40201,

  4         F.S.; requiring the Department of Education to

  5         establish standards based on student financial

  6         need; providing requirements; providing an

  7         effective date.

  8

  9  Be It Enacted by the Legislature of the State of Florida:

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11         Section 1.  Subsection (1) of section 240.40201,

12  Florida Statutes, is amended to read:

13         240.40201  Florida Bright Futures Scholarship

14  Program.--

15         (1)(a)  The Florida Bright Futures Scholarship Program

16  is created to establish a lottery-funded scholarship program

17  to reward any Florida high school graduate who merits

18  recognition of high academic achievement and who enrolls in an

19  eligible Florida public or private postsecondary education

20  institution within 3 years of graduation from high school.

21         (b)  The Department of Education shall establish

22  standards for the Florida Bright Futures Scholarship Program

23  based on financial need. In establishing these standards, the

24  department shall consider that the goal of this program is to

25  help provide the opportunity for postsecondary education for

26  every student who has the desire and the ability to obtain

27  such education. Towards this end, the department shall

28  establish standards for financial need as follows:

29         1.  The student's total family income, the total number

30  of dependents in the student's family, and other sources of

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 1998                                  SB 1652
    28-1271-98                                              See HB




  1  financial assistance, including other scholarships available

  2  to the student, shall be considered.

  3         2.  No student whose total family net worth is less

  4  than $1 million shall be excluded from the Florida Bright

  5  Futures Scholarship Program.

  6         Section 2.  This act shall take effect July 1 of the

  7  year in which enacted.

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10                          HOUSE SUMMARY

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      Requires the Department of Education to establish
12    standards for the Florida Bright Futures Scholarship
      Program based on student financial need. Specifies
13    certain requirements for such standards.

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