House Bill hb1509
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Florida House of Representatives - 2001 HB 1509
By Representative Diaz-Balart
1 A bill to be entitled
2 An act relating to student financial
3 assistance; amending s. 231.621, F.S.;
4 providing for loan repayments under the
5 Critical Teacher Shortage Student Loan
6 Forgiveness Program directly to the teacher
7 under certain circumstances; amending s.
8 240.209, F.S.; revising language with respect
9 to student fees; increasing the percentage of
10 funds from the financial aid fee to be used for
11 financial aid for certain Florida residents;
12 providing for an annual report; amending s.
13 240.271, F.S.; requiring that a minimum
14 percentage of funds provided in the General
15 Appropriations Act for fellowship and fee
16 waivers shall be used only to support graduate
17 students or upper-division students in certain
18 disciplines; amending s. 240.35, F.S.; revising
19 language with respect to student fees;
20 increasing the percentage of funds from the
21 financial aid fee to be used for financial aid
22 for certain Florida residents; reenacting and
23 amending s. 240.40201, F.S.; revising general
24 student eligibility requirements for the
25 Florida Bright Futures Scholarship Program;
26 revising provisions relating to transmittal of
27 payments for awards; reenacting and amending s.
28 240.40202, F.S., relating to the Florida Bright
29 Futures Scholarship Program; providing a
30 definition for purposes of eligibility;
31 revising language with respect to reinstatement
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1 applications; reenacting and amending s.
2 240.40203, F.S.; providing requirements for
3 renewal, reinstatement, and restoration awards
4 under the Florida Bright Futures Scholarship
5 Program; reenacting and amending s. 240.40204,
6 F.S.; updating obsolete language with respect
7 to eligible postsecondary education
8 institutions under the Florida Bright Futures
9 Scholarship Program; reenacting and amending s.
10 240.40205, F.S.; revising language with respect
11 to the Florida Academic Scholars award;
12 revising provisions relating to the calculation
13 of awards; including transition language
14 currently in statute; reenacting and amending
15 s. 240.40206, F.S.; changing the name of the
16 Florida Merit Scholars award to the Florida
17 Medallion Scholars award; revising eligibility
18 requirements with respect to the award;
19 revising provisions relating to the calculation
20 of awards; reenacting and amending s.
21 240.40207, F.S.; revising eligibility
22 requirements with respect to the Florida Gold
23 Seal Vocational Scholars award; revising
24 provisions relating to the calculation of
25 awards; providing restrictions on use of the
26 award; providing for transfer of awards;
27 including transition language currently in
28 statute; creating s. 240.40211, F.S.; providing
29 for Florida Bright Futures Scholarship Program
30 targeted occupations; providing student awards;
31 repealing s. 240.40208, F.S., relating to
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1 transition language for eligibility for the
2 Florida Bright Futures Scholarship Program;
3 repealing s. 240.40209, F.S., relating to the
4 calculation of awards for Florida Bright
5 Futures Scholarship recipients attending
6 nonpublic institutions; repealing s. 240.40242,
7 F.S., relating to the use of certain
8 scholarship funds by children of deceased or
9 disabled veterans; amending s. 240.404, F.S.;
10 revising language with respect to general
11 requirements for student eligibility for state
12 financial aid; reenacting, renumbering, and
13 amending ss. 240.2985 and 240.6054, F.S.;
14 revising and combining provisions relating to
15 ethics in business scholarships; amending s.
16 240.409, F.S.; revising language with respect
17 to the Florida Public Student Assistance Grant
18 Program; amending s. 240.4095, F.S.; revising
19 language with respect to the Florida Private
20 Student Assistance Grant Program; amending s.
21 240.4097, F.S.; revising language with respect
22 to the Florida Postsecondary Student Assistance
23 Grant Program; creating s. 240.40975, F.S.;
24 providing for priority with respect to Florida
25 student assistance grant programs; amending s.
26 240.4128, F.S.; revising language with respect
27 to the minority teacher education scholars
28 program; requiring participating institutions
29 to report on eligible students to whom
30 scholarships are disbursed each academic term;
31 amending s. 240.437, F.S.; revising language
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1 with respect to student financial aid planning
2 and development; amending s. 240.465, F.S.;
3 deleting language which prohibits certain
4 delinquent borrowers from being furnished with
5 their academic transcripts; reenacting and
6 amending s. 240.551, F.S.; revising language
7 with respect to the Florida Prepaid College
8 Program; revising language with respect to
9 transfer and refund provisions; creating s.
10 240.6053, F.S.; providing for academic program
11 contracts and for funding thereof; amending s.
12 295.01, F.S., relating to the education of
13 children of deceased or disabled veterans;
14 clarifying student eligibility requirements;
15 amending s. 295.02, F.S.; including
16 postsecondary education institutions eligible
17 to participate in the Florida Bright Futures
18 Scholarship Program among institutions in which
19 an eligible student may receive an award under
20 chapter 295, F.S.; providing effective dates.
21
22 Be It Enacted by the Legislature of the State of Florida:
23
24 Section 1. Paragraph (c) of subsection (2) of section
25 231.621, Florida Statutes, is amended to read:
26 231.621 Critical Teacher Shortage Student Loan
27 Forgiveness Program.--
28 (2) From the funds available, the Department of
29 Education may make loan principal repayments as follows:
30 (c) All repayments shall be contingent on continued
31 proof of employment in the designated subject areas in this
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1 state and shall be made directly to the holder of the loan or,
2 in case of a loan being paid in full, directly to the teacher.
3 The state shall not bear responsibility for the collection of
4 any interest charges or other remaining balance. In the event
5 that designated critical teacher shortage subject areas are
6 changed by the State Board of Education, a teacher shall
7 continue to be eligible for loan forgiveness as long as he or
8 she continues to teach in the subject area for which the
9 original loan repayment was made and otherwise meets all
10 conditions of eligibility.
11 Section 2. Effective July 1, 2002, paragraph (e) of
12 subsection (3) of section 240.209, Florida Statutes, is
13 amended to read:
14 240.209 Board of Regents; powers and duties.--
15 (3) The board shall:
16 (e) Establish student fees.
17 1. By no later than December 1 of each year, the board
18 shall raise the systemwide standard for resident undergraduate
19 matriculation and financial aid fees for the subsequent fall
20 term, up to but no more than 25 percent of the prior year's
21 cost of undergraduate programs. In implementing this
22 paragraph, fees charged for graduate, medical, veterinary, and
23 dental programs may be increased by the Board of Regents in
24 the same percentage as the increase in fees for resident
25 undergraduates. However, in the absence of legislative action
26 to the contrary in an appropriations act, the board may not
27 approve annual fee increases for resident students in excess
28 of 10 percent. The sum of nonresident student matriculation
29 and tuition fees must be sufficient to defray the full cost of
30 undergraduate education. Graduate, medical, veterinary, and
31 dental fees charged to nonresidents may be increased by the
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1 board in the same percentage as the increase in fees for
2 nonresident undergraduates. However, in implementing this
3 policy and in the absence of legislative action to the
4 contrary in an appropriations act, annual fee increases for
5 nonresident students may not exceed 25 percent. In the absence
6 of legislative action to the contrary in the General
7 Appropriations Act, the fees shall go into effect for the
8 following fall term.
9 2. When the appropriations act requires a new fee
10 schedule, the board shall establish a systemwide standard fee
11 schedule required to produce the total fee revenue established
12 in the appropriations act based on the product of the assigned
13 enrollment and the fee schedule. The board may approve the
14 expenditure of any fee revenues resulting from the product of
15 the fee schedule adopted pursuant to this section and the
16 assigned enrollment.
17 3. Upon provision of authority in a General
18 Appropriations Act to spend revenue raised pursuant to this
19 section, the board shall approve a university request to
20 implement a matriculation and out-of-state tuition fee
21 schedule which is calculated to generate revenue which varies
22 no more than 10 percent from the standard fee revenues
23 authorized through an appropriations act. In implementing an
24 alternative fee schedule, the increase in cost to a student
25 taking 15 hours in one term shall be limited to 5 percent.
26 Matriculation and out-of-state tuition fee revenues generated
27 as a result of this provision are to be expended for
28 implementing a plan for achieving accountability goals adopted
29 pursuant to s. 240.214 and for implementing a Board of
30 Regents-approved plan to contain student costs by reducing the
31 time necessary for graduation without reducing the quality of
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1 instruction. The plans shall be recommended by a
2 universitywide committee, at least one-half of whom are
3 students appointed by the student body president. A
4 chairperson, appointed jointly by the university president and
5 the student body president, shall vote only in the case of a
6 tie.
7 4. The board may implement individual university plans
8 for a differential out-of-state tuition fee for universities
9 that have a service area that borders another state.
10 5. The board is authorized to collect for financial
11 aid purposes an amount not to exceed 5 percent of the student
12 tuition and matriculation fee per credit hour. The revenues
13 from fees are to remain at each campus and replace existing
14 financial aid fees. Such funds shall be disbursed to students
15 as quickly as possible. The board shall specify specific
16 limits on the percent of the fees collected in a fiscal year
17 which may be carried forward unexpended to the following
18 fiscal year. One hundred A minimum of 50 percent of funds from
19 the student financial aid fee shall be used to provide
20 financial aid based on absolute need to students who are
21 classified as Florida residents for tuition purposes pursuant
22 to s. 240.1201. A student who has received an award prior to
23 July 1, 1984, shall have his or her eligibility assessed on
24 the same criteria that was used at the time of his or her
25 original award. Each institution shall submit to the board an
26 annual report of the revenue collected pursuant to this
27 subparagraph and a profile of award recipients.
28 6. The board may recommend to the Legislature an
29 appropriate systemwide standard matriculation and tuition fee
30 schedule.
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1 7. The Education and General Student and Other Fees
2 Trust Fund is hereby created, to be administered by the
3 Department of Education. Funds shall be credited to the trust
4 fund from student fee collections and other miscellaneous fees
5 and receipts. The purpose of the trust fund is to support the
6 instruction and research missions of the State University
7 System. Notwithstanding the provisions of s. 216.301, and
8 pursuant to s. 216.351, any balance in the trust fund at the
9 end of any fiscal year shall remain in the trust fund and
10 shall be available for carrying out the purposes of the trust
11 fund.
12 8. The board is further authorized to establish the
13 following fees:
14 a. A nonrefundable application fee in an amount not to
15 exceed $30.
16 b. An admissions deposit fee for the University of
17 Florida College of Dentistry in an amount not to exceed $200.
18 c. An orientation fee in an amount not to exceed $35.
19 d. A fee for security, access, or identification
20 cards. The annual fee for such a card may not exceed $10 per
21 card. The maximum amount charged for a replacement card may
22 not exceed $15.
23 e. Registration fees for audit and zero-hours
24 registration; a service charge, which may not exceed $15, for
25 the payment of tuition in installments; and a
26 late-registration fee in an amount not less than $50 nor more
27 than $100 to be imposed on students who fail to initiate
28 registration during the regular registration period.
29 f. A late-payment fee in an amount not less than $50
30 nor more than $100 to be imposed on students who fail to pay
31 or fail to make appropriate arrangements to pay (by means of
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1 installment payment, deferment, or third-party billing)
2 tuition by the deadline set by each university. Each
3 university may adopt specific procedures or policies for
4 waiving the late-payment fee for minor underpayments.
5 g. A fee for miscellaneous health-related charges for
6 services provided at cost by the university health center
7 which are not covered by the health fee set under s.
8 240.235(1).
9 h. Materials and supplies fees to offset the cost of
10 materials or supplies that are consumed in the course of the
11 student's instructional activities, excluding the cost of
12 equipment replacement, repairs, and maintenance.
13 i. Housing rental rates and miscellaneous housing
14 charges for services provided by the university at the request
15 of the student.
16 j. A charge representing the reasonable cost of
17 efforts to collect payment of overdue accounts.
18 k. A service charge on university loans in lieu of
19 interest and administrative handling charges.
20 l. A fee for off-campus course offerings when the
21 location results in specific, identifiable increased costs to
22 the university.
23 m. Library fees and fines, including charges for
24 damaged and lost library materials, overdue reserve library
25 books, interlibrary loans, and literature searches.
26 n. Fees relating to duplicating, photocopying,
27 binding, and microfilming; copyright services; and
28 standardized testing. These fees may be charged only to those
29 who receive the services.
30 o. Fees and fines relating to the use, late return,
31 and loss and damage of facilities and equipment.
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1 p. A returned-check fee as authorized by s. 832.07(1)
2 for unpaid checks returned to the university.
3 q. Traffic and parking fines, charges for parking
4 decals, and transportation access fees.
5 r. An Educational Research Center for Child
6 Development fee for child care and services offered by the
7 center.
8 s. Fees for transcripts and diploma replacement, not
9 to exceed $10 per item.
10 Section 3. Effective July 1, 2002, subsection (7) is
11 added to section 240.271, Florida Statutes, to read:
12 240.271 State University System; funding.--
13 (7) A minimum of 75 percent of the funds provided in
14 the General Appropriations Act for fellowship and fee waivers
15 shall be used only to support graduate students or
16 upper-division students formally admitted to programs in the
17 following disciplines: computer and information sciences;
18 engineering; engineering technology; biology sciences/life
19 sciences; mathematics; physical sciences; and health
20 professions and related sciences. The State University System
21 shall report annually to the Legislature the distribution of
22 fellowships and fee waivers provided, including, but not
23 limited to, the number of awards, the dollar value of the
24 awards, student level, student discipline, and the number and
25 percent of fee-waiver recipients remaining in the state
26 following graduation who are employed in the field directly
27 related to the discipline for which the fee waiver was
28 received.
29 Section 4. Effective July 1, 2002, subsection (11) of
30 section 240.35, Florida Statutes, is amended to read:
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1 240.35 Student fees.--Unless otherwise provided, the
2 provisions of this section apply only to fees charged for
3 college credit instruction leading to an associate in arts
4 degree, an associate in applied science degree, or an
5 associate in science degree and noncollege credit
6 college-preparatory courses defined in s. 239.105.
7 (11)(a) Each community college is authorized to
8 establish a separate fee for financial aid purposes in an
9 additional amount up to, but not to exceed, 5 percent of the
10 total student tuition or matriculation fees collected. Each
11 community college may collect up to an additional 2 percent if
12 the amount generated by the total financial aid fee is less
13 than $250,000. If the amount generated is less than $250,000,
14 a community college that charges tuition and matriculation
15 fees at least equal to the average fees established by rule
16 may transfer from the general current fund to the scholarship
17 fund an amount equal to the difference between $250,000 and
18 the amount generated by the total financial aid fee
19 assessment. No other transfer from the general current fund to
20 the loan, endowment, or scholarship fund, by whatever name
21 known, is authorized.
22 (b) All funds collected under this program shall be
23 placed in the loan and endowment fund or scholarship fund of
24 the college, by whatever name known. Such funds shall be
25 disbursed to students as quickly as possible. An amount not
26 greater than 40 percent of the fees collected in a fiscal year
27 may be carried forward unexpended to the following fiscal
28 year. However, funds collected prior to July 1, 1989, and
29 placed in an endowment fund may not be considered part of the
30 balance of funds carried forward unexpended to the following
31 fiscal year.
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1 (c) One hundred Up to 25 percent or $300,000,
2 whichever is greater, of the financial aid fees collected may
3 be used to assist students who demonstrate academic merit; who
4 participate in athletics, public service, cultural arts, and
5 other extracurricular programs as determined by the
6 institution; or who are identified as members of a targeted
7 gender or ethnic minority population. The financial aid fee
8 revenues allocated for athletic scholarships and fee
9 exemptions provided pursuant to subsection (17) for athletes
10 shall be distributed equitably as required by s.
11 228.2001(3)(d). A minimum of 50 percent of the balance of
12 these funds from the student financial aid fee shall be used
13 to provide financial aid based on absolute need to students
14 who are classified as Florida residents for tuition purposes
15 pursuant to s. 240.1201., and the remainder of the funds shall
16 be used for academic merit purposes and other purposes
17 approved by the district boards of trustees. Such other
18 purposes shall include the payment of child care fees for
19 students with financial need. The State Board of Community
20 Colleges shall develop criteria for making financial aid
21 awards. Each college shall report annually to the Department
22 of Education the revenue collected pursuant to this subsection
23 and a profile of award recipients on the criteria used to make
24 awards, the amount and number of awards for each criterion,
25 and a delineation of the distribution of such awards. Awards
26 which are based on financial need shall be distributed in
27 accordance with a nationally recognized system of need
28 analysis approved by the State Board of Community Colleges. An
29 award for academic merit shall require a minimum overall grade
30 point average of 3.0 on a 4.0 scale or the equivalent for both
31 initial receipt of the award and renewal of the award.
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1 (d) These funds may not be used for direct or indirect
2 administrative purposes or salaries.
3 Section 5. Notwithstanding subsection (7) of section 3
4 of chapter 2000-321, Laws of Florida, section 240.40201,
5 Florida Statutes, shall not stand repealed on January 7, 2003,
6 and is reenacted and amended to read:
7 240.40201 Florida Bright Futures Scholarship
8 Program.--
9 (1) The Florida Bright Futures Scholarship Program is
10 created to establish a lottery-funded scholarship program to
11 reward any Florida high school graduate who merits recognition
12 of high academic achievement and who enrolls in a degree
13 program, certificate program, or applied technology diploma
14 program at an eligible Florida public or private postsecondary
15 education institution within 7 3 years of graduation from high
16 school. No award shall be provided to a student beyond 7 years
17 after high school graduation, regardless of the year in which
18 a student first receives scholarship funding.
19 (2) The Bright Futures Scholarship Program consists of
20 three types of awards, the Florida Academic Scholarship, the
21 Florida Medallion Merit Scholarship, and the Florida
22 Vocational Gold Seal Vocational Scholarship.
23 (3) The Department of Education shall administer the
24 Bright Futures Scholarship Program according to rules and
25 procedures established by the Commissioner of Education. A
26 single application must be sufficient for a student to apply
27 for any of the three types of awards. The department must
28 advertise the availability of the scholarship program and must
29 notify students, teachers, parents, guidance counselors, and
30 principals or other relevant school administrators of the
31 criteria and application procedures. The department must begin
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1 this process of notification no later than January 1 of each
2 year.
3 (4) Funding for the Bright Futures Scholarship Program
4 must be allocated from the Education Enhancement Trust Fund
5 and must be provided before allocations from that fund are
6 calculated for disbursement to other educational entities.
7 (a) If funds appropriated are not adequate to provide
8 the maximum allowable award to each eligible applicant, awards
9 in all three components of the program must be prorated using
10 the same percentage reduction.
11 (b) Notwithstanding s. 216.301, if all funds allocated
12 to the Bright Futures Scholarship Program are not used in any
13 fiscal year, up to 10 percent of the total allocation may be
14 carried forward and used for awards in the following year.
15 (5) The department shall issue awards from the
16 scholarship program annually. Annual awards may be for up to
17 45 semester credit hours or the equivalent. Before the
18 registration period each semester, the department shall
19 transmit payment for each award to the president or director
20 of the postsecondary education institution, or his or her
21 representative, except that the department may withhold
22 payment if the receiving institution fails to report or to
23 make refunds to the department as required in this act.
24 (a) Within 30 days after the end of regular
25 registration each semester, The educational institution shall
26 certify to the department the initial or continued eligibility
27 status of an award recipient as well as the number of credit
28 hours upon which the calculation of the student's award is to
29 be based each student who receives an award. Upon receipt of
30 this information, the department shall transmit payment for
31 the awards to the president or director of the postsecondary
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1 education institution, or his or her representative. An
2 institution may obtain authorization from an award recipient
3 in advance to apply the value of the award the student
4 receives to any balances owed the institution by the student
5 for educational expenses. Otherwise, such funds shall be
6 disbursed directly to the award recipient as quickly as
7 possible. After the end of the drop and add period, an
8 institution is not required to reevaluate or revise a
9 student's eligibility status, but must make a refund to the
10 department if a student who receives an award disbursement
11 terminates enrollment for any reason during an academic term
12 and a refund is permitted by the institution's refund policy.
13 (b) An institution that receives funds from the
14 program shall certify to the department the amount of funds
15 disbursed to each student and shall remit to the department
16 any undisbursed advances within 60 days after the end of
17 regular registration.
18 (c) Each institution that receives moneys through this
19 program shall prepare an annual report that includes an
20 independent external audit or an audit prepared by the Office
21 of the Auditor General. The report shall include an audit of
22 the institution's administration of the program and a complete
23 accounting of the moneys for the program. This report must be
24 submitted to the department annually by March 1. The
25 department may conduct its own annual audit of an
26 institution's administration of the program. The department
27 may request a refund of any moneys overpaid to the institution
28 for the program. The department may suspend or revoke an
29 institution's eligibility to receive future moneys for the
30 program if the department finds that an institution has not
31 complied with this section. The institution must remit within
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1 60 days any refund requested in accordance with this
2 subsection.
3 (6) A student enrolled in 6 to 8 semester credit hours
4 may receive up to one-half of the maximum award; a student
5 enrolled in 9 to 11 credit hours may receive up to
6 three-fourths of the maximum award; and a student enrolled in
7 12 or more credit hours may receive up to the full award.
8 (7) A student may receive only one type of award from
9 the Florida Bright Futures Scholarship Program at a time, but
10 may transfer from one type of award to another through the
11 renewal application process, if the student's eligibility
12 status changes. However, a student is not eligible to transfer
13 from a Florida Medallion Merit Scholarship or a Florida
14 Vocational Gold Seal Vocational Scholarship to a Florida
15 Academic Scholarship. A student who receives an award from the
16 program may also receive a federal family education loan or a
17 federal direct loan, and the value of the award must be
18 considered in the certification or calculation of the
19 student's loan eligibility.
20 (8) If a recipient transfers from one eligible
21 institution to another and continues to meet eligibility
22 requirements, the award must be transferred with the student.
23 (9) A student may use an award for summer term
24 enrollment if funds are available.
25 (10) Funds from any scholarship within the Florida
26 Bright Futures Scholarship Program may not be used to pay for
27 remedial or college-preparatory coursework.
28 Section 6. Notwithstanding subsection (7) of section 3
29 of chapter 2000-321, Laws of Florida, section 240.40202,
30 Florida Statutes, shall not stand repealed on January 7, 2003,
31 and is reenacted and amended to read:
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1 240.40202 Florida Bright Futures Scholarship Program;
2 student eligibility requirements for initial awards.--
3 (1) To be eligible for an initial award from any of
4 the three types of scholarships under the Florida Bright
5 Futures Scholarship Program, a student must:
6 (a) Be a Florida resident as defined in s. 240.404 and
7 rules of the State Board of Education.
8 (b) Earn a standard Florida high school diploma or its
9 equivalent as described in s. 232.246 or s. 229.814 unless:
10 1. The student is enrolled full time in the early
11 admission program of an eligible postsecondary education
12 institution or completes a home education program according to
13 s. 232.0201; or
14 2. The student earns a high school diploma from a
15 non-Florida school while living with a parent or guardian who
16 is on military or public service assignment away from Florida.
17 "Public service assignment," as used in this subparagraph,
18 means the occupational assignment outside Florida of a person
19 who is a permanent resident of Florida and who is employed by
20 the United States Government or the State of Florida, a
21 condition of which employment is assignment outside Florida.
22 (c) Be accepted by and enroll in an eligible Florida
23 public or independent postsecondary education institution.
24 (d) Be enrolled for at least 6 semester credit hours
25 or the equivalent in quarter hours or clock hours.
26 (e) Not have been found guilty of, or have pled plead
27 nolo contendere to or guilty to, a felony charge, unless the
28 student has been granted clemency by the Governor and Cabinet
29 sitting as the Executive Office of Clemency.
30 (f) Apply for a scholarship from the program by
31 December 31 after April 1 of the last semester before high
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1 school graduation. There is no application deadline for a
2 student graduating from a non-Florida school pursuant to
3 subparagraph (b)2.
4 (2) A student is eligible to accept an initial award
5 for 3 years following high school graduation and to accept a
6 renewal award for 7 years following high school graduation. A
7 student who applies for an award by April 1 and who meets all
8 other eligibility requirements, but who does not accept his or
9 her award during the first year of eligibility after high
10 school graduation, may apply for reinstatement of the award
11 for use within 7 reapply during subsequent application periods
12 up to 3 years after high school graduation. Reinstatement
13 applications must be received by the deadline established by
14 the Department of Education.
15 (3) For purposes of calculating the grade point
16 average to be used in determining initial eligibility for a
17 Florida Bright Futures scholarship, the department shall
18 assign additional weights to grades earned in the following
19 courses:
20 (a) Courses identified in the course code directory as
21 Advanced Placement, pre-International Baccalaureate, or
22 International Baccalaureate.
23 (b) Courses designated as academic dual enrollment
24 courses in the statewide course numbering system.
25
26 The department may assign additional weights to courses, other
27 than those described in paragraphs (a) and (b), that are
28 identified by the Articulation Coordinating Committee as
29 containing rigorous academic curriculum and performance
30 standards. The additional weight assigned to a course pursuant
31 to this subsection shall not exceed 0.5 per course. The
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1 weighted system shall be developed and distributed to all high
2 schools in the state prior to January 1, 1998. The department
3 may determine a student's eligibility status during the senior
4 year before graduation and may inform the student of the award
5 at that time.
6 (4) A student who wishes to qualify for a particular
7 award within the Florida Bright Futures Scholarship Program,
8 but who does not meet all of the requirements for that level
9 of award, may, nevertheless, receive the award if the
10 principal of the student's school or the district
11 superintendent verifies that the deficiency is caused by the
12 fact that school district personnel provided inaccurate or
13 incomplete information to the student. The school district
14 must provide a means for the student to correct the
15 deficiencies and the student must correct them, either by
16 completing comparable work at the postsecondary institution or
17 by completing a directed individualized study program
18 developed and administered by the school district. If the
19 student does not complete the requirements by December 31
20 immediately following high school graduation, the student is
21 ineligible to participate in the program.
22 Section 7. Notwithstanding subsection (7) of section 3
23 of chapter 2000-321, Laws of Florida, section 240.40203,
24 Florida Statutes, shall not stand repealed on January 7, 2003,
25 and is reenacted and amended to read:
26 240.40203 Florida Bright Futures Scholarship Program;
27 student eligibility requirements for renewal, reinstatement,
28 and restoration awards.--
29 (1) To be eligible to receive renew a scholarship from
30 any of the three types of scholarships under the Florida
31 Bright Futures Scholarship Program after the first year of
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1 eligibility, a student must meet the following requirements
2 for renewal, reinstatement, or restoration:
3 (1)(a) Renewal applies to students who receive an
4 award for at least one term during the academic year. For
5 renewal, a student must complete at least 12 semester credit
6 hours or the equivalent in the last academic year in which the
7 student earned a scholarship and.
8 (b) Maintain the cumulative grade point average
9 required by the scholarship program, except that:
10 (a)1. If a recipient's grades fall beneath the average
11 required to renew a Florida Academic Scholarship, but are
12 sufficient to renew a Florida Medallion Merit Scholarship or a
13 Florida Vocational Gold Seal Scholarship, the Department of
14 Education may grant a renewal to the Florida Medallion
15 Scholarship Program. from one of those other scholarship
16 programs, if the student meets the renewal eligibility
17 requirements; or
18 (b) If, upon renewal evaluation, a student fails to
19 meet the renewal criteria pursuant to this section, credit
20 hours and grades earned during the following summer term may
21 be used to satisfy the renewal requirements. 2. If, at any
22 time during the eligibility period, a student's grades are
23 insufficient to renew the scholarship, the student may restore
24 eligibility by improving the grade point average to the
25 required level. A student is eligible for such a reinstatement
26 only once. The Legislature encourages education institutions
27 to assist students to calculate whether or not it is possible
28 to raise the grade point average during the summer term. If
29 the institution determines that it is possible, the education
30 institution may so inform the department, which may reserve
31 the student's award if funds are available. The renewal,
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1 however, must not be granted until the student achieves the
2 required cumulative grade point average and earns the required
3 number of hours. If, during the summer term, a student does
4 not earn is not sufficient hours or to raise the grade point
5 average to the required renewal level, the student shall not
6 be eligible for an award student's next opportunity for
7 renewal is the fall semester of the following academic year.
8 (2) Reinstatement applies to students who were
9 eligible but did not receive an award during the previous
10 academic year or years, and who may apply to reestablish use
11 of the scholarship. For reinstatement, a student must have
12 been eligible at the time of the student's most recent Florida
13 Bright Futures Scholarship eligibility determination. The
14 student must apply for reinstatement by submitting a
15 reinstatement application by the deadline established by the
16 Department of Education.
17 (3) Restoration applies to students who lost
18 scholarship eligibility as a result of not meeting the renewal
19 grade point average or number of hours, or both, at a prior
20 evaluation period. A student may restore eligibility by
21 meeting the renewal grade point average during a subsequent
22 renewal evaluation period. A student is eligible to receive
23 such restoration only once. The student must submit an
24 application for restoration by the deadline established by the
25 Department of Education.
26 (2) A student who is enrolled in a program that
27 terminates in an associate degree or a baccalaureate degree
28 may receive an award for a maximum of 110 percent of the
29 number of credit hours required to complete the program. A
30 student who is enrolled in a program that terminates in a
31 technical certificate may receive an award for a maximum of
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1 110 percent of the credit hours or clock hours required to
2 complete the program up to 90 credit hours. A student who
3 transfers from one of these program levels to another becomes
4 eligible for the higher of the two credit hour limits.
5 Section 8. Notwithstanding subsection (7) of section 3
6 of chapter 2000-321, Laws of Florida, section 240.40204,
7 Florida Statutes, shall not stand repealed on January 7, 2003,
8 and is reenacted and amended to read:
9 240.40204 Florida Bright Futures Scholarship Program;
10 eligible postsecondary education institutions.--A student is
11 eligible for an award or the renewal, reinstatement, or
12 restoration of an award from the Florida Bright Futures
13 Scholarship Program if the student meets the requirements for
14 the program as described in this act and is enrolled in a
15 postsecondary education institution that meets the description
16 in any one of the following subsections:
17 (1) A Florida public university, community college, or
18 technical center.
19 (2) An independent Florida college or university that
20 is accredited by an accrediting agency recognized by the
21 United States Department of Education a member of the
22 Commission on Recognition of Postsecondary Accreditation and
23 which has operated in the state for at least 3 years.
24 (3) An independent Florida postsecondary education
25 institution that is licensed by the State Board of Independent
26 Colleges and Universities and which:
27 (a) Shows evidence of sound financial condition; and
28 (b) Has operated in the state for at least 3 years
29 without having its approval, accreditation, or license placed
30 on probation.
31
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1 (4) A Florida independent postsecondary education
2 institution that offers a nursing diploma approved by the
3 Board of Nursing.
4 (5) A Florida independent postsecondary education
5 institution that is licensed by the State Board of Nonpublic
6 Career Education and which:
7 (a) Has a program completion and placement rate of at
8 least the rate required by the current Florida Statutes, the
9 Florida Administrative Code, or the Department of Education
10 for an institution at its level; and
11 (b) Shows evidence of sound financial condition; and
12 either:
13 1. Is accredited at the institutional level by an
14 accrediting agency recognized by the United States Department
15 of Education and has operated in the state for at least 3
16 years during which there has been no complaint for which
17 probable cause has been found; or
18 2. Has operated in Florida for 5 years during which
19 there has been no complaint for which probable cause has been
20 found.
21 Section 9. Notwithstanding subsection (7) of section 3
22 of chapter 2000-321, Laws of Florida, section 240.40205,
23 Florida Statutes, shall not stand repealed on January 7, 2003,
24 and is reenacted and amended to read:
25 240.40205 Florida Academic Scholars award.--
26 (1) A student is eligible for a Florida Academic
27 Scholars award if the student meets the general eligibility
28 requirements for the Florida Bright Futures Scholarship
29 Program and the student:
30 (a) Has achieved a 3.5 weighted grade point average as
31 calculated pursuant to s. 240.40202, or its equivalent, in
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1 high school courses that are adopted by the Board of Regents
2 and recommended by the State Board of Community Colleges as
3 college-preparatory academic courses; and
4 (b) Has attained at least a score of 1270 the score
5 identified by rules of the Department of Education on the
6 combined verbal and quantitative parts of the Scholastic
7 Aptitude Test, the Scholastic Assessment Test, or the
8 recentered Scholastic Assessment Test of the College Entrance
9 Examination, or an equivalent score on the American College
10 Test 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 a score of 1270 the score identified by rules of the
16 Department of Education on the combined verbal and
17 quantitative parts of the Scholastic Aptitude Test, the
18 Scholastic Assessment Test, or the recentered Scholastic
19 Assessment Test of the College Entrance Examination, or an
20 equivalent score on the American College Test Testing Program;
21 or
22 (d) Has been awarded an International Baccalaureate
23 Diploma from the International Baccalaureate Office; or
24 (e) Has been recognized by the merit or achievement
25 programs of the National Merit Scholarship Corporation as a
26 scholar or finalist; or
27 (f) Has been recognized by the National Hispanic
28 Recognition Program as a scholar recipient.
29
30 Effective with the 1998-1999 school year, a student must
31 complete a program of community service work, as approved by
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1 the district school board or the administrators of a nonpublic
2 school, which shall include a minimum of 75 hours of service
3 work and require the student to identify a social problem that
4 interests him or her, develop a plan for his or her personal
5 involvement in addressing the problem, and, through papers or
6 other presentations, evaluate and reflect upon his or her
7 experience.
8 (2)(a) A Florida Academic Scholar who is enrolled in a
9 public postsecondary education institution is eligible for an
10 award equal to the amount required to pay matriculation and,
11 fees, as defined by the department, and $600 for
12 college-related expenses annually. A student who is enrolled
13 in a nonpublic postsecondary education institution is eligible
14 for an award equal to the amount that would be required to pay
15 for the average matriculation and fees of a public
16 postsecondary education institution at the comparable level,
17 plus the annual $600. A student who is enrolled in a program
18 that terminates in an associate degree or a baccalaureate
19 degree may receive an award for a maximum of 110 percent of
20 the number of credit hours required to complete the program.
21 A student who is enrolled in an undergraduate program that
22 terminates in the award of a postbaccalaureate degree, or the
23 simultaneous award of baccalaureate and postbaccalaureate
24 degrees, may receive an award for a maximum of 132 semester
25 hours, or the equivalent, at the undergraduate rate. A
26 student who is enrolled in a program that terminates in a
27 technical certificate may receive an award for a maximum of
28 110 percent of the credit hours or clock hours required to
29 complete the program up to 90 credit hours. A student who
30 transfers from one of these program levels to another becomes
31 eligible for the higher of the credit hour limits.
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1 (b) Beginning with the 2005-2006 academic year and for
2 each year thereafter, the Florida Academic Scholars award
3 amount shall be calculated on the basis of $120 per semester
4 credit hour, or the equivalent. The total number of credit
5 hours for which a student may receive payment shall not exceed
6 the equivalent of 132 semester credit hours. If an award is
7 made prior to the end of the drop-add period and the hours on
8 which the award amount is based exceed the number of hours for
9 which the student is registered as of the end of the drop-add
10 period, the award amount for the subsequent term shall be
11 reduced accordingly.
12 (3) To be eligible for a renewal or restoration award
13 as a Florida Academic Scholar, a student must meet the
14 requirements of s. 240.40203 and the maintain the equivalent
15 of a grade point average requirement of 3.0 on a 4.0 scale, or
16 the equivalent, for all postsecondary education work
17 attempted. A student may have, with an opportunity for one
18 restoration reinstatement as provided in this act.
19 (4) In each school district, the Florida Academic
20 Scholar with the highest academic ranking shall be designated
21 as an Academic Top Scholar and shall receive an additional
22 award of $1,500 for college-related expenses. This award must
23 be funded from the Florida Bright Futures Scholarship Program.
24 (5) A student who graduated from high school in 1997
25 or earlier and who was eligible for the Florida Undergraduate
26 Scholars' Program award pursuant to s. 240.402 is eligible for
27 a Florida Academic Scholars award.
28 Section 10. Notwithstanding subsection (7) of section
29 3 of chapter 2000-321, Laws of Florida, section 240.40206,
30 Florida Statutes, shall not stand repealed on January 7, 2003,
31 and is reenacted and amended to read:
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1 240.40206 Florida Medallion Merit Scholars award.--
2 (1) A student is eligible for a Florida Medallion
3 Merit Scholars award if the student meets the general
4 eligibility requirements for the Florida Bright Futures
5 Scholarship Program and the student:
6 (a) Has achieved a weighted grade point average of 3.0
7 as calculated pursuant to s. 240.40202, or the equivalent, in
8 high school courses that are adopted by the Board of Regents
9 and recommended by the State Board of Community Colleges as
10 college-preparatory academic courses; and
11 (b) Has attained at least the score identified by
12 rules of the Department of Education, or a score of at least
13 1100 for a student who enters the ninth grade in the 2001-2002
14 school year or thereafter, on the combined verbal and
15 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 Test Testing Program;
19 or
20 (c) Has attended a home education program according to
21 s. 232.0201 during grades 11 and 12 or has completed the
22 International Baccalaureate curriculum but failed to earn the
23 International Baccalaureate Diploma, and has attained at least
24 the score identified by rules of the Department of Education,
25 or a score of at least 1100 for a student who enters the ninth
26 grade in the 2001-2002 school year or thereafter, on the
27 combined verbal and quantitative parts of the Scholastic
28 Aptitude Test, the Scholastic Assessment Test, or the
29 recentered Scholastic Assessment Test of the College Entrance
30 Examination, or an equivalent score on the American College
31 Test Testing Program; or.
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1 (d) Has been recognized by the merit or achievement
2 programs of the National Merit Scholarship Corporation as a
3 scholar or finalist, but has not completed a program of
4 community service as provided in s. 240.40205; or
5 (e) Has been recognized by the National Hispanic
6 Recognition Program as a scholar, but has not completed a
7 program of community service as provided in s. 240.40205.
8 (2)(a) A Florida Medallion Merit Scholar is eligible
9 for an award equal to the amount required to pay 75 percent of
10 matriculation and fees, as defined by the department, if the
11 student is enrolled in a public postsecondary education
12 institution. A student who is enrolled in a nonpublic
13 postsecondary education institution is eligible for an award
14 equal to the amount that would be required to pay 75 percent
15 of the matriculation and fees of a public postsecondary
16 education institution at the comparable level. A student who
17 is enrolled in a program that terminates in an associate
18 degree or a baccalaureate degree may receive an award for a
19 maximum of 110 percent of the number of credit hours required
20 to complete the program. A student who is enrolled in an
21 undergraduate program that terminates in the award of a
22 postbaccalaureate degree, or the simultaneous award of
23 baccalaureate and postbaccalaureate degrees, may receive an
24 award for a maximum of 132 semester hours, or the equivalent,
25 at the undergraduate rate. A student who is enrolled in a
26 program that terminates in a technical certificate may receive
27 an award for a maximum of 110 percent of the credit hours or
28 clock hours required to complete the program up to 90 credit
29 hours. A student who transfers from one of these program
30 levels to another becomes eligible for the higher of the
31 credit hour limits.
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1 (b) Beginning with the 2005-2006 academic year and for
2 each year thereafter, the Florida Medallion Scholars award
3 amount shall be calculated on the basis of $75 per semester
4 credit hour, or the equivalent. The total number of credit
5 hours for which a student may receive payment shall not exceed
6 the equivalent of 132 semester credit hours. If an award is
7 made prior to the end of the drop-add period and the hours on
8 which the award amount is based exceed the number of hours for
9 which the student is registered as of the end of the drop-add
10 period, the award amount for the subsequent term shall be
11 reduced accordingly.
12 (3) To be eligible for a renewal or restoration award
13 as a Florida Medallion Merit Scholar, a student must meet the
14 requirements of s. 240.40203 and the maintain the equivalent
15 of a grade point average requirement of 2.75 on a 4.0 scale,
16 or the equivalent, for all postsecondary education work
17 attempted. A student may have, with an opportunity for
18 reinstatement one restoration time as provided in this act.
19 Section 11. Notwithstanding subsection (7) of section
20 3 of chapter 2000-321, Laws of Florida, section 240.40207,
21 Florida Statutes, shall not stand repealed on January 7, 2003,
22 and is reenacted and 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
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1 eligibility requirements for the Florida Bright Futures
2 Scholarship Program and the student:
3 (a) Successfully completes the secondary school
4 portion of a sequential program of studies that requires at
5 least three secondary school vocational credits in one program
6 of study, as identified by the Department of Education. taken
7 over at least 2 academic years, and is continued in a planned,
8 related postsecondary education program. If the student's
9 school does not offer such a two-plus-two or tech-prep
10 program, the student must complete a job-preparatory career
11 education program selected by the Workforce Estimating
12 Conference or Workforce Florida, Inc., for its ability to
13 provide high-wage employment in an occupation with high
14 potential for employment opportunities. On-the-job training
15 may not be substituted for any of the three required
16 vocational credits.
17 (b) Demonstrates readiness for postsecondary education
18 by earning a passing score on the Florida College Entry Level
19 Placement Test or its equivalent as identified by the
20 Department of Education.
21 (c) Earns a minimum cumulative weighted grade point
22 average of 3.0, as calculated pursuant to s. 240.40202, on all
23 subjects required for a standard high school diploma,
24 excluding elective courses.
25 (d) Earns a minimum unweighted grade point average of
26 3.5 on a 4.0 scale for secondary vocational courses comprising
27 the vocational program.
28 (e) Completes the requirements of a vocational-ready
29 diploma program, as defined by rules of the State Board of
30 Education.
31
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1 (2)(a) A Florida Gold Seal Vocational Scholar is
2 eligible for an award equal to the amount required to pay 75
3 percent of matriculation and fees, as defined by the
4 department, if the student is enrolled in a public
5 postsecondary education institution. A student who is enrolled
6 in a nonpublic postsecondary education institution is eligible
7 for an award equal to the amount that would be required to pay
8 75 percent of the matriculation and mandatory fees of a public
9 postsecondary education institution at the comparable level. A
10 student who is enrolled in a program that terminates in a
11 technical certificate may receive an award for a maximum of
12 110 percent of the credit hours or clock hours required to
13 complete the program up to 90 credit hours.
14 (b) Beginning with the 2005-2006 academic year and for
15 each year thereafter, the Florida Gold Seal Vocational
16 Scholars award amount shall be calculated on the basis of $75
17 per semester credit hour, or the equivalent. The total number
18 of credit hours for which a student may receive payment shall
19 not exceed the equivalent of 90 credit hours. If an award is
20 made prior to the end of the drop-add period and the hours on
21 which the award amount is based exceed the number of hours for
22 which the student is registered as of the end of the drop-add
23 period, the award amount for the subsequent term shall be
24 reduced accordingly.
25 (3) To be eligible for a renewal or restoration award
26 as a Florida Gold Seal Vocational Scholar, a student must meet
27 the requirements of s. 240.40203 and the maintain the
28 equivalent of a grade point average requirement of 2.75 on a
29 4.0 scale, or the equivalent, for all postsecondary education
30 work attempted. A student may have, with an opportunity for
31 reinstatement one restoration time as provided in this act.
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1 (4) Beginning with the fall term of 2003, a Florida
2 Gold Seal Vocational Scholars award may not be used at a
3 baccalaureate-degree-granting institution unless the award is
4 a renewal of an initial award issued prior to the fall term of
5 2003 or as otherwise provided for in this section.
6 (5) Upon successful completion of an associate degree
7 program or 60 hours, an award recipient who meets the renewal
8 criteria in subsection (3) and enrolls in a baccalaureate
9 degree program at an eligible postsecondary education
10 institution is eligible to transfer to the Florida Medallion
11 Scholars award component of the Florida Bright Futures
12 Scholarship Program. Other than initial eligibility criteria,
13 all other requirements of the Florida Medallion Scholars award
14 shall apply to a student who transfers to that program
15 pursuant to the provisions of this subsection. The number of
16 hours for which a student may receive a Florida Medallion
17 Scholars award shall be calculated by subtracting from the
18 student's total eligibility pursuant to s. 240.40206(2) the
19 number of hours for which the student has already received
20 funding under the Florida Bright Futures Scholarship Program.
21 (6) If a Florida Gold Seal Vocational Scholar received
22 an initial award prior to the fall term of 2003, and has a
23 cumulative grade point average of 2.75 in all postsecondary
24 education work attempted, the Department of Education may
25 transfer the student to the Florida Medallion Scholars award
26 component of the Florida Bright Futures Scholarship Program at
27 any renewal period. Other than initial eligibility criteria,
28 all other requirements of the Florida Medallion Scholars award
29 shall apply to a student who transfers to that program
30 pursuant to the provisions of this subsection. The number of
31 hours for which a student may receive a Florida Medallion
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1 Scholars award shall be calculated by subtracting from the
2 student's total eligibility pursuant to s. 240.40206(2) the
3 number of hours for which the student has already received
4 funding under the Florida Bright Futures Scholarship Program.
5 (7) A student who graduated from high school in 1997
6 or earlier and who was eligible for the Vocational Gold Seal
7 Endorsement Scholarship Program award pursuant to s. 240.4021
8 is eligible for a Florida Gold Seal Vocational Scholars award.
9 (4) A student may earn a Florida Gold Seal Vocational
10 Scholarship for 110 percent of the number of credit hours
11 required to complete the program, up to 90 credit hours or the
12 equivalent. A Florida Gold Seal Scholar who has a cumulative
13 grade point average of 2.75 in all postsecondary education
14 work attempted may apply for a Florida Merit Scholars award at
15 any renewal period. All other provisions of that program
16 apply, and the credit-hour limitation must be calculated by
17 subtracting from the student's total eligibility the number of
18 credit hours the student attempted while earning the Gold Seal
19 Vocational Scholarship.
20 Section 12. Section 240.40211, Florida Statutes, is
21 created to read:
22 240.40211 Florida Bright Futures Scholarship Program
23 targeted occupations.--
24 (1)(a) Using information provided by the Workforce
25 Estimating Conference, the Department of Education, in
26 consultation with the Legislature, shall identify targeted
27 occupations that are high demand, high wage, and high skill
28 for which the state's postsecondary education institutions
29 provide the necessary education and training.
30 (b) The Department of Education shall identify the
31 specific associate and baccalaureate degree programs,
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1 certificate programs, and applied technology diploma programs
2 that are offered by postsecondary education institutions and
3 prepare students for employment in the targeted occupations.
4 The department shall provide such information to the
5 postsecondary education institutions that participate in the
6 Florida Bright Futures Scholarship Program.
7 (c) Identification of targeted occupations and degree,
8 certificate, and diploma programs shall be completed, and
9 updated annually thereafter, for use in providing awards
10 pursuant to this section beginning with the 2002-2003 fall
11 academic term.
12 (2) A Florida Bright Futures Scholarship award
13 recipient who is enrolled at a community college or an area
14 vocational center in a program identified pursuant to
15 paragraph (1)(b) is eligible to receive an additional $250 per
16 semester, or the equivalent, for postsecondary education
17 related expenses.
18 (3) A Florida Bright Futures Scholarship award
19 recipient who is enrolled at a baccalaureate-degree-granting
20 institution in the upper division of a program identified
21 pursuant to paragraph (1)(b) is eligible to receive an
22 additional $500 per semester, or the equivalent, for
23 postsecondary education related expenses.
24 (4) Institutions that participate in the Florida
25 Bright Futures Scholarship Program and offer a program
26 identified pursuant to paragraph (1)(b) shall advise their
27 students of the availability of the awards provided pursuant
28 to this section.
29 (5) The department shall establish procedures for
30 institutions to certify to the department the initial and
31 continued eligibility status of any student who is eligible to
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1 receive an award pursuant to this section. A student's
2 continued enrollment in an eligible program shall be certified
3 by the institution each academic year.
4 (6) The department shall evaluate this component of
5 the Florida Bright Futures Scholarship Program from its
6 inception to determine, of the total number of students who
7 receive awards pursuant to this section, the number who become
8 employed in the occupation for which the award was provided.
9 This evaluation shall be reported on an annual basis to the
10 Governor and the Legislature.
11 (7) This award component of the Florida Bright Futures
12 Scholarship Program shall be implemented to the extent funded
13 in the General Appropriations Act. When funds are not
14 sufficient to make full awards, the department shall reduce
15 the amount of each recipient's award pro rata.
16 Section 13. Sections 240.40208, 240.40209, and
17 240.40242, Florida Statutes, are repealed.
18 Section 14. 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
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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
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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.
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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 15. 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
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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
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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 16. 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 meet the general requirements for student eligibility as
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1 provided in s. 240.404, except as otherwise provided in this
2 section. Such grants shall be awarded annually for the amount
3 of demonstrated unmet need for the cost of education and may
4 not exceed an amount equal to the average prior academic year
5 cost of matriculation fees and other registration fees for 30
6 credit hours at state universities or such other amount as
7 specified in the General Appropriations Act, to any recipient.
8 A demonstrated unmet need of less than $200 shall render the
9 applicant ineligible for a state student assistance grant.
10 Recipients of such grants must have been accepted at a state
11 university or community college authorized by Florida law. No
12 student may receive an award for more than the equivalent of 9
13 semesters or 14 quarters of full-time enrollment, except as
14 otherwise provided in s. 240.404(3).
15 (b) A student applying for a Florida public student
16 assistance grant shall be required to apply for the Pell
17 Grant. The Pell Grant entitlement shall be considered when
18 conducting an assessment of the financial resources available
19 to each student.
20 (c) Priority in the distribution of grant moneys shall
21 be given to students with the lowest total family resources,
22 in accordance with a nationally recognized system of need
23 analysis. Using the system of need analysis, the department
24 shall establish a maximum expected family contribution. An
25 institution may not make a grant from this program to a
26 student whose expected family contribution exceeds the level
27 established by the department. An institution may not impose
28 additional criteria to determine a student's eligibility to
29 receive a grant award.
30 (d) Each participating institution shall report, to
31 the department by the established date, the eligible students
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1 to whom grant moneys are disbursed each academic term and
2 indicate whether or not the student met the application
3 deadline established pursuant to subsection (2). Each
4 institution shall also report to the department necessary
5 demographic and eligibility data for such students.
6 (5)(3) Based on the unmet financial need of an
7 eligible applicant, the amount of a Florida public student
8 assistance grant must be between $200 and the weighted average
9 of the cost of matriculation and other registration fees for
10 30 credit hours at state universities per academic year or the
11 amount specified in the General Appropriations Act.
12 (6)(4)(a) The funds appropriated for the Florida
13 Public Student Assistance Grant shall be distributed to
14 eligible institutions in accordance with a formula recommended
15 by the Department of Education's Florida Council of Student
16 Financial Aid Advisors and reviewed by the Postsecondary
17 Education Planning Commission, the State Board of Community
18 Colleges, and the Board of Regents. The formula shall give
19 priority consideration to consider at least the prior year's
20 distribution of funds to award recipients who met the
21 application deadline, the number of full-time eligible
22 applicants who met the application deadline who did not
23 receive awards, the standardization of the expected family
24 contribution, and provisions for unused funds.
25 (b) Payment of Florida public student assistance
26 grants shall be transmitted to the president of the state
27 university or community college, or to his or her
28 representative, in advance of the registration period.
29 Institutions shall notify students of the amount of their
30 awards.
31
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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 17. 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
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1 (2) The department is directed to establish an initial
2 application deadline for funds administered pursuant to this
3 section.
4 (3) Using the priorities established in this section
5 and in s. 240.40975, institutions shall first award funds
6 administered pursuant to this section to students who met the
7 initial application deadline established pursuant to
8 subsection (2). An institution may, at its discretion, award
9 any remaining funds from this program to students who apply
10 after the deadline date and who are otherwise eligible
11 pursuant to this section.
12 (4)(2)(a) Florida private student assistance grants
13 from the State Student Financial Assistance Trust Fund may be
14 made only to full-time degree-seeking students who meet the
15 general requirements for student eligibility as provided in s.
16 240.404, except as otherwise provided in this section. Such
17 grants shall be awarded for the amount of demonstrated unmet
18 need for tuition and fees and may not exceed an amount equal
19 to the average matriculation and other registration fees for
20 30 credit hours at state universities plus $1,000 per academic
21 year, or as specified in the General Appropriations Act, to
22 any applicant. A demonstrated unmet need of less than $200
23 shall render the applicant ineligible for a Florida private
24 student assistance grant. Recipients of such grants must have
25 been accepted at a baccalaureate-degree-granting independent
26 nonprofit college or university, which is accredited by the
27 Commission on Colleges of the Southern Association of Colleges
28 and Schools and which is located in and chartered as a
29 domestic corporation by the state. No student may receive an
30 award for more than the equivalent of 9 semesters or 14
31
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1 quarters of full-time enrollment, except as otherwise provided
2 in s. 240.404(3).
3 (b) A student applying for a Florida private student
4 assistance grant shall be required to apply for the Pell
5 Grant. The Pell Grant entitlement shall be considered when
6 conducting an assessment of the financial resources available
7 to each student.
8 (c) Priority in the distribution of grant moneys shall
9 be given to students with the lowest total family resources,
10 in accordance with a nationally recognized system of need
11 analysis. Using the system of need analysis, the department
12 shall establish a maximum expected family contribution. An
13 institution may not make a grant from this program to a
14 student whose expected family contribution exceeds the level
15 established by the department. An institution may not impose
16 additional criteria to determine a student's eligibility to
17 receive a grant award.
18 (d) Each participating institution shall report, to
19 the department by the established date, the eligible students
20 to whom grant moneys are disbursed each academic term and
21 indicate whether or not the student met the application
22 deadline established pursuant to subsection (2). Each
23 institution shall also report to the department necessary
24 demographic and eligibility data for such students.
25 (5)(3) Based on the unmet financial need of an
26 eligible applicant, the amount of a Florida private student
27 assistance grant must be between $200 and the average cost of
28 matriculation and other registration fees for 30 credit hours
29 at state universities plus $1,000 per academic year or the
30 amount specified in the General Appropriations Act.
31
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1 (6)(4)(a) The funds appropriated for the Florida
2 Private Student Assistance Grant shall be distributed to
3 eligible institutions in accordance with a formula recommended
4 by the Department of Education's Florida Council of Student
5 Financial Aid Advisors and reviewed by the Postsecondary
6 Education Planning Commission and the Independent Colleges and
7 Universities of Florida. The formula shall give priority
8 consideration to consider at least the prior year's
9 distribution of funds to award recipients who met the
10 application deadline, the number of full-time eligible
11 applicants who met the application deadline who did not
12 receive awards, the standardization of the expected family
13 contribution, and provisions for unused funds.
14 (b) Payment of Florida private student assistance
15 grants shall be transmitted to the president of the college or
16 university, or to his or her representative, in advance of the
17 registration period. Institutions shall notify students of the
18 amount of their awards.
19 (c) The eligibility status of each student to receive
20 a disbursement shall be determined by each institution as of
21 the end of its regular registration period, inclusive of a
22 drop-add period. Institutions shall not be required to
23 reevaluate a student's eligibility status after this date for
24 purposes of changing eligibility determinations previously
25 made.
26 (d) Institutions shall certify to the department the
27 amount of funds disbursed to each student, shall indicate
28 whether or not the student met the application deadline
29 established pursuant to subsection (2), and shall remit to the
30 department any undisbursed advances by June 1 of each year.
31
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1 (e) Each institution that receives moneys through the
2 Florida Private Student Assistance Grant Program shall cause
3 to be prepared a biennial report that includes an independent
4 external audit of the institution's administration of the
5 program and a complete accounting of moneys in the State
6 Student Financial Assistance Trust Fund allocated to the
7 institution for the program. Such report shall be submitted to
8 the department on or before March 1 every other year. The
9 department may conduct its own annual or biennial audit of an
10 institution's administration of the program and its allocated
11 funds in lieu of the required biennial report and independent
12 external audit. The department may suspend or revoke an
13 institution's eligibility to receive future moneys from the
14 trust fund for the program or request a refund of any moneys
15 overpaid to the institution through the trust fund for the
16 program if the department finds that an institution has not
17 complied with the provisions of this section. Any refund
18 requested pursuant to this paragraph shall be remitted within
19 60 days.
20 (7)(5) Funds appropriated by the Legislature for
21 Florida private student assistance grants shall be deposited
22 in the State Student Financial Assistance Trust Fund.
23 Notwithstanding the provisions of s. 216.301 and pursuant to
24 s. 216.351, any balance in the trust fund at the end of any
25 fiscal year that has been allocated to the Florida Private
26 Student Assistance Grant Program shall remain therein and
27 shall be available for carrying out the purposes of this
28 section and as otherwise provided by law.
29 (8)(6) The State Board of Education shall adopt rules
30 necessary to implement this section.
31
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1 Section 18. Section 240.4097, Florida Statutes, is
2 amended to read:
3 240.4097 Florida Postsecondary Student Assistance
4 Grant Program; eligibility for grants.--
5 (1) There is hereby created a Florida Postsecondary
6 Student Assistance Grant Program. The program shall be
7 administered by the participating institutions in accordance
8 with rules of the state board.
9 (2) The department is directed to establish an initial
10 application deadline for funds administered pursuant to this
11 section.
12 (3) Using the priorities established in this section
13 and s. 240.40975, institutions shall first award funds
14 administered pursuant to this section to students who meet the
15 initial application deadline established pursuant to
16 subsection (2). An institution may, at its discretion, award
17 any remaining funds from this program to students who apply
18 after the deadline date and who are otherwise eligible
19 pursuant to this section.
20 (4)(2)(a) Florida postsecondary student assistance
21 grants through the State Student Financial Assistance Trust
22 Fund may be made only to full-time degree-seeking students who
23 meet the general requirements for student eligibility as
24 provided in s. 240.404, except as otherwise provided in this
25 section. Such grants shall be awarded for the amount of
26 demonstrated unmet need for tuition and fees and may not
27 exceed an amount equal to the average prior academic year cost
28 of matriculation and other registration fees for 30 credit
29 hours at state universities plus $1,000 per academic year, or
30 as specified in the General Appropriations Act, to any
31 applicant. A demonstrated unmet need of less than $200 shall
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1 render the applicant ineligible for a Florida postsecondary
2 student assistance grant. Recipients of such grants must have
3 been accepted at a postsecondary institution that is located
4 in the state and that is:
5 1. A private nursing diploma school approved by the
6 Florida Board of Nursing; or
7 2. An institution either licensed by the State Board
8 of Independent Colleges and Universities or exempt from
9 licensure pursuant to s. 246.085(1)(a), excluding those
10 institutions the students of which are eligible to receive a
11 Florida private student assistance grant pursuant to s.
12 240.4095.
13
14 No student may receive an award for more than the equivalent
15 of 9 semesters or 14 quarters of full-time enrollment, except
16 as otherwise provided in s. 240.404(3).
17 (b) A student applying for a Florida postsecondary
18 student assistance grant shall be required to apply for the
19 Pell Grant. The Pell Grant entitlement shall be considered
20 when conducting an assessment of the financial resources
21 available 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.
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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 postsecondary
10 student assistance grant must be between $200 and the average
11 cost of matriculation and other registration fees for 30
12 credit hours at state universities plus $1,000 per academic
13 year or the amount specified in the General Appropriations
14 Act.
15 (6)(4)(a) The funds appropriated for the Florida
16 Postsecondary Student Assistance Grant shall be distributed to
17 eligible institutions in accordance with a formula recommended
18 by the Department of Education's Florida Council of Student
19 Financial Aid Advisors and reviewed by the Postsecondary
20 Education Planning Commission and the Florida Association of
21 Postsecondary Schools and Colleges. The formula shall give
22 priority consideration to consider at least the prior year's
23 distribution of funds to award recipients who met the
24 application deadline, the number of full-time eligible
25 applicants who met the application deadline who did not
26 receive awards, the standardization of the expected family
27 contribution, and provisions for unused funds.
28 (b) Payment of Florida postsecondary student
29 assistance grants shall be transmitted to the president of the
30 eligible institution, or to his or her representative, in
31
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1 advance of the registration period. Institutions shall notify
2 students of the amount of their awards.
3 (c) The eligibility status of each student to receive
4 a disbursement shall be determined by each institution as of
5 the end of its regular registration period, inclusive of a
6 drop-add period. Institutions shall not be required to
7 reevaluate a student's eligibility status after this date for
8 purposes of changing eligibility determinations previously
9 made.
10 (d) Institutions shall certify to the department the
11 amount of funds disbursed to each student, shall indicate
12 whether or not the student met the application deadline
13 established pursuant to subsection (2), and shall remit to the
14 department any undisbursed advances by June 1 of each year.
15 (e) Each institution that receives moneys through the
16 Florida Postsecondary Student Assistance Grant Program shall
17 cause to be prepared a biennial report that includes an
18 independent external audit of the institution's administration
19 of the program and a complete accounting of moneys in the
20 State Student Financial Assistance Trust Fund allocated to the
21 institution for the program. Such report shall be submitted
22 to the department on or before March 1 every other year. The
23 department may conduct its own annual or biennial audit of an
24 institution's administration of the program and its allocated
25 funds in lieu of the required biennial report and independent
26 external audit. The department may suspend or revoke an
27 institution's eligibility to receive future moneys from the
28 trust fund for the program or request a refund of any moneys
29 overpaid to the institution through the trust fund for the
30 program if the department finds that an institution has not
31 complied with the provisions of this section. Any refund
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1 requested pursuant to this paragraph shall be remitted within
2 60 days.
3 (7)(5) Any institution that was eligible to receive
4 state student assistance grants on January 1, 1989, and that
5 is not eligible to receive grants pursuant to s. 240.4095 is
6 eligible to receive grants pursuant to this section.
7 (8)(6) Funds appropriated by the Legislature for
8 Florida postsecondary student assistance grants shall be
9 deposited in the State Student Financial Assistance Trust
10 Fund. Notwithstanding the provisions of s. 216.301 and
11 pursuant to s. 216.351, any balance in the trust fund at the
12 end of any fiscal year that has been allocated to the Florida
13 Postsecondary Student Assistance Grant Program shall remain
14 therein and shall be available for carrying out the purposes
15 of this section and as otherwise provided by law.
16 (9)(7) The State Board of Education shall adopt rules
17 necessary to implement this section.
18 Section 19. Section 240.40975, Florida Statutes, is
19 created to read:
20 240.40975 Florida student assistance grant programs;
21 priority for receiving grants.--Priority in the distribution
22 of grants provided pursuant to s. 240.409, s. 240.4095, or s.
23 240.4097 shall be given to eligible applicants in the
24 following order:
25 (1) To full-time students with the greatest financial
26 need as determined by the department.
27 (2) To full-time students with financial need who
28 graduate from public Florida high schools, who have completed
29 the high school courses that are adopted by the Board of
30 Regents and recommended by the State Board of Community
31 Colleges as college-preparatory academic courses, and who rank
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1 in the top 20 percent of their high school graduating class.
2 Class rank shall be determined by the Department of Education.
3 (3) To other full-time students with financial need.
4 Section 20. Subsection (3) of section 240.4128,
5 Florida Statutes, is amended to read:
6 240.4128 Minority teacher education scholars
7 program.--There is created the minority teacher education
8 scholars program, which is a collaborative performance-based
9 scholarship program for African-American, Hispanic-American,
10 Asian-American, and Native American students. The participants
11 in the program include Florida's public community colleges and
12 its public and private universities that have teacher
13 education programs.
14 (3) The total amount appropriated annually for new
15 scholarships in the program must be divided by $4,000 and by
16 the number of participating colleges and universities. Each
17 participating institution has access to the same number of
18 scholarships and may award all of them to eligible minority
19 students. If a college or university does not award all of its
20 scholarships by the date set by the program administration at
21 the Florida Fund for Minority Teachers, Inc., the remaining
22 scholarships must be transferred to another institution that
23 has eligible students. Each participating institution shall
24 report to the department, by the established date, the
25 eligible students to whom scholarships are disbursed each
26 academic term. Each institution shall also report to the
27 department necessary demographic and eligibility data for such
28 students.
29 Section 21. Subsection (6) of section 240.437, Florida
30 Statutes, is amended to read:
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1 240.437 Student financial aid planning and
2 development.--
3 (6) Any Effective July 1, 1992, all new and existing
4 financial assistance programs authorized by state law that are
5 administered by the Bureau of Student Financial Assistance of
6 the Department of Education and that under this part which are
7 not funded for 3 consecutive years after enactment shall stand
8 repealed. Financial aid programs provided under this part on
9 July 1, 1992, which lose funding for 3 consecutive years shall
10 stand repealed. The Bureau Office of Student Financial
11 Assistance of the Department of Education shall annually
12 review the legislative appropriation of financial aid to
13 identify such programs.
14 Section 22. Section 240.465, Florida Statutes, is
15 amended to read:
16 240.465 Delinquent accounts.--
17 (1) The Department of Education is directed to exert
18 every lawful and reasonable effort to collect all delinquent
19 unpaid and uncanceled scholarship loan notes, student loan
20 notes, and defaulted guaranteed loan notes.
21 (2) The department is authorized to establish a
22 recovery account into which unpaid and uncanceled scholarship
23 loan note, student loan note, and defaulted guaranteed loan
24 note accounts may be transferred.
25 (3) The department is authorized to settle any
26 delinquent unpaid and uncanceled scholarship loan notes,
27 student loan notes, and defaulted guaranteed loan notes and to
28 employ the service of a collection agent when deemed advisable
29 in collecting delinquent or defaulted accounts. However, no
30 collection agent may be paid a commission in excess of 35
31 percent of the amount collected. Any expense incurred by the
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1 department in enforcing the collection of a loan note may be
2 borne by the signer of the note and may be added to the amount
3 of the principal of such note.
4 (4) The department is authorized to charge off unpaid
5 and uncanceled scholarship loan notes and student loan notes
6 which are at least 3 years delinquent and which prove
7 uncollectible after good faith collection efforts. However, a
8 delinquent account with a past due balance of $25 or less may
9 be charged off as uncollectible when it becomes 6 months past
10 due and the cost of further collection effort or assignment to
11 a collection agent would not be warranted.
12 (5) No individual borrower who has been determined to
13 be in default in making legally required scholarship loan,
14 student loan, or guaranteed loan repayments shall be furnished
15 with his or her academic transcripts or other student records
16 until such time as the loan is paid in full or the default
17 status has been removed.
18 (5)(6) The department is authorized to charge an
19 individual borrower who has been determined to be in default
20 in making legally required loan repayments the maximum
21 interest rate authorized by law.
22 (6)(7) The State Board of Education shall adopt such
23 rules as are necessary to regulate the collection, settlement,
24 and charging off of delinquent unpaid and uncanceled
25 scholarship loan notes, student loan notes, and defaulted
26 guaranteed loan notes.
27 Section 23. Notwithstanding subsection (7) of section
28 3 of chapter 2000-321, Laws of Florida, section 240.551,
29 Florida Statutes, shall not stand repealed on January 7, 2003,
30 and is reenacted and amended to read:
31 240.551 Florida Prepaid College Program.--
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1 (1) LEGISLATIVE INTENT.--The Legislature recognizes
2 that educational opportunity at the postsecondary level is a
3 critical state interest. It further recognizes that
4 educational opportunity is best ensured through the provision
5 of postsecondary institutions that are geographically and
6 financially accessible. Accordingly, it is the intent of the
7 Legislature that a program be established through which many
8 of the costs associated with postsecondary attendance may be
9 paid in advance and fixed at a guaranteed level for the
10 duration of undergraduate enrollment. It is similarly the
11 intent of the Legislature to provide a program that fosters
12 timely financial planning for postsecondary attendance and to
13 encourage employer participation in such planning through
14 program contributions on behalf of employees and the
15 dependents of employees.
16 (2) DEFINITIONS.--
17 (a) "Advance payment contract" means a contract
18 entered into by the board and a purchaser pursuant to this
19 section.
20 (b) "Board" means the Florida Prepaid College Board.
21 (c) "Fund" means the Florida Prepaid College Trust
22 Fund.
23 (d) "Program" means the Florida Prepaid College
24 Program.
25 (e) "Purchaser" means a person who makes or is
26 obligated to make advance registration or dormitory residence
27 payments in accordance with an advance payment contract.
28 (f) "Qualified beneficiary" means:
29 1. A resident of this state at the time a purchaser
30 enters into an advance payment contract on behalf of the
31 resident;
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1 2. A nonresident who is the child of a noncustodial
2 parent who is a resident of this state at the time that such
3 parent enters into an advance payment contract on behalf of
4 the child; or
5 3. For purposes of advance payment contracts entered
6 into pursuant to subsection (22), a graduate of an accredited
7 high school in this state who is a resident of this state at
8 the time he or she is designated to receive the benefits of
9 the advance payment contract.
10 (g) "Registration fee" means matriculation fee,
11 financial aid fee, building fee, and Capital Improvement Trust
12 Fund fee.
13 (h) "State postsecondary institution" means any
14 community college identified in s. 240.3031 or university
15 identified in s. 240.2011.
16 (3) FLORIDA PREPAID COLLEGE PROGRAM; CREATION.--There
17 is created a Florida Prepaid College Program to provide a
18 medium through which the cost of registration and dormitory
19 residence may be paid in advance of enrollment in a state
20 postsecondary institution at a rate lower than the projected
21 corresponding cost at the time of actual enrollment. Such
22 payments shall be combined and invested in a manner that
23 yields, at a minimum, sufficient interest to generate the
24 difference between the prepaid amount and the cost of
25 registration and dormitory residence at the time of actual
26 enrollment. Students who enroll in a state postsecondary
27 institution pursuant to this section shall be charged no fees
28 in excess of the terms delineated in the advance payment
29 contract.
30 (4) FLORIDA PREPAID COLLEGE TRUST FUND.--There is
31 created within the State Board of Administration the Florida
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1 Prepaid College Trust Fund. The fund shall consist of state
2 appropriations, moneys acquired from other governmental or
3 private sources, and moneys remitted in accordance with
4 advance payment contracts. All funds deposited into the trust
5 fund may be invested pursuant to s. 215.47. Dividends,
6 interest, and gains accruing to the trust fund shall increase
7 the total funds available for the program. Notwithstanding the
8 provisions of chapter 717, funds associated with terminated
9 contracts pursuant to subsection (12) and canceled contracts
10 for which no refunds have been claimed shall increase the
11 total funds available for the program. However, the board
12 shall establish procedures for notifying purchasers who
13 subsequently cancel their contracts of any unclaimed refund
14 and shall establish a time period after which no refund may be
15 claimed by a purchaser who canceled a contract. Any balance
16 contained within the fund at the end of a fiscal year shall
17 remain therein and shall be available for carrying out the
18 purposes of the program. In the event that dividends,
19 interest, and gains exceed the amount necessary for program
20 administration and disbursements, the board may designate an
21 additional percentage of the fund to serve as a contingency
22 fund. Moneys contained within the fund shall be exempt from
23 the investment requirements of s. 18.10. Any funds of a
24 direct-support organization created pursuant to subsection
25 (22) shall be exempt from the provisions of this subsection.
26 (5) PROGRAM ADMINISTRATION.--
27 (a) The Florida Prepaid College Program shall be
28 administered by the Florida Prepaid College Board as an agency
29 of the state. The Florida Prepaid College Board is hereby
30 created as a body corporate with all the powers of a body
31 corporate for the purposes delineated in this section. For
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1 the purposes of s. 6, Art. IV of the State Constitution, the
2 board shall be assigned to and administratively housed within
3 the State Board of Administration, but it shall independently
4 exercise the powers and duties specified in this section.
5 (b) The board shall consist of seven members to be
6 composed of the Insurance Commissioner and Treasurer, the
7 Comptroller, the Chancellor of the Board of Regents, the
8 Executive Director of the State Board of Community Colleges,
9 and three members appointed by the Governor and subject to
10 confirmation by the Senate. Each member appointed by the
11 Governor shall possess knowledge, skill, and experience in the
12 areas of accounting, actuary, risk management, or investment
13 management. Each member of the board not appointed by the
14 Governor may name a designee to serve the board on behalf of
15 the member; however, any designee so named shall meet the
16 qualifications required of gubernatorial appointees to the
17 board. Members appointed by the Governor shall serve terms of
18 3 years. Any person appointed to fill a vacancy on the board
19 shall be appointed in a like manner and shall serve for only
20 the unexpired term. Any member shall be eligible for
21 reappointment and shall serve until a successor qualifies.
22 Members of the board shall serve without compensation but
23 shall be reimbursed for per diem and travel in accordance with
24 s. 112.061. Each member of the board shall file a full and
25 public disclosure of his or her financial interests pursuant
26 to s. 8, Art. II of the State Constitution and corresponding
27 statute.
28 (c) The board shall annually elect a board member to
29 serve as chair and a board member to serve as vice chair and
30 shall designate a secretary-treasurer who need not be a member
31 of the board. The secretary-treasurer shall keep a record of
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1 the proceedings of the board and shall be the custodian of all
2 printed material filed with or by the board and of its
3 official seal. Notwithstanding the existence of vacancies on
4 the board, a majority of the members shall constitute a
5 quorum. The board shall take no official action in the absence
6 of a quorum. The board shall meet, at a minimum, on a
7 quarterly basis at the call of the chair.
8 (6) FLORIDA PREPAID COLLEGE BOARD; DUTIES.--The board
9 shall:
10 (a) Appoint an executive director to serve as the
11 chief administrative and operational officer of the board and
12 to perform other duties assigned to him or her by the board.
13 (b) Administer the fund in a manner that is
14 sufficiently actuarially sound to defray the obligations of
15 the program. The board shall annually evaluate or cause to be
16 evaluated the actuarial soundness of the fund. If the board
17 perceives a need for additional assets in order to preserve
18 actuarial soundness, the board may adjust the terms of
19 subsequent advance payment contracts to ensure such soundness.
20 (c) Establish a comprehensive investment plan for the
21 purposes of this section with the approval of the State Board
22 of Administration. The comprehensive investment plan shall
23 specify the investment policies to be utilized by the board in
24 its administration of the fund. The board may place assets of
25 the fund in savings accounts or use the same to purchase fixed
26 or variable life insurance or annuity contracts, securities,
27 evidence of indebtedness, or other investment products
28 pursuant to the comprehensive investment plan and in such
29 proportions as may be designated or approved under that plan.
30 Such insurance, annuity, savings, or investment products shall
31 be underwritten and offered in compliance with the applicable
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1 federal and state laws, regulations, and rules by persons who
2 are duly authorized by applicable federal and state
3 authorities. Within the comprehensive investment plan, the
4 board may authorize investment vehicles, or products incident
5 thereto, as may be available or offered by qualified companies
6 or persons. A contract purchaser may not direct the investment
7 of his or her contribution to the trust fund, and a contract
8 beneficiary may not direct the contribution made on his or her
9 behalf to the trust fund. Board members and employees of the
10 board are not prohibited from purchasing advance payment
11 contracts by virtue of their fiduciary responsibilities as
12 members of the board or official duties as employees of the
13 board.
14 (d) Solicit proposals and contract, pursuant to s.
15 287.057, for the marketing of the Florida Prepaid College
16 Program. The entity designated pursuant to this paragraph
17 shall serve as a centralized marketing agent for the program
18 and shall be solely responsible for the marketing of the
19 program. Any materials produced for the purpose of marketing
20 the program shall be submitted to the board for review. No
21 such materials shall be made available to the public before
22 the materials are approved by the board. Any educational
23 institution may distribute marketing materials produced for
24 the program; however, all such materials shall have been
25 approved by the board prior to distribution. Neither the state
26 nor the board shall be liable for misrepresentation of the
27 program by a marketing agent.
28 (e) Solicit proposals and contract, pursuant to s.
29 287.057, for a trustee services firm to select and supervise
30 investment programs on behalf of the board. The goals of the
31 board in selecting a trustee services firm shall be to obtain
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1 the highest standards of professional trustee services, to
2 allow all qualified firms interested in providing such
3 services equal consideration, and to provide such services to
4 the state at no cost and to the purchasers at the lowest cost
5 possible. The trustee services firm shall agree to meet the
6 obligations of the board to qualified beneficiaries if moneys
7 in the fund fail to offset the obligations of the board as a
8 result of imprudent selection or supervision of investment
9 programs by such firm. Evaluations of proposals submitted
10 pursuant to this paragraph shall include, but not be limited
11 to, the following criteria:
12 1. Adequacy of trustee services for supervision and
13 management of the program, including current operations and
14 staff organization and commitment of management to the
15 proposal.
16 2. Capability to execute program responsibilities
17 within time and regulatory constraints.
18 3. Past experience in trustee services and current
19 ability to maintain regular and continuous interactions with
20 the board, records administrator, and product provider.
21 4. The minimum purchaser participation assumed within
22 the proposal and any additional requirements of purchasers.
23 5. Adequacy of technical assistance and services
24 proposed for staff.
25 6. Adequacy of a management system for evaluating and
26 improving overall trustee services to the program.
27 7. Adequacy of facilities, equipment, and electronic
28 data processing services.
29 8. Detailed projections of administrative costs,
30 including the amount and type of insurance coverage, and
31 detailed projections of total costs.
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1 (f) Solicit proposals and contract, pursuant to s.
2 287.057, for product providers to develop investment
3 portfolios on behalf of the board to achieve the purposes of
4 this section. Product providers shall be limited to authorized
5 insurers as defined in s. 624.09, banks as defined in s.
6 658.12, associations as defined in s. 665.012, authorized
7 Securities and Exchange Commission investment advisers, and
8 investment companies as defined in the Investment Company Act
9 of 1940. All product providers shall have their principal
10 place of business and corporate charter located and registered
11 in the United States. In addition, each product provider shall
12 agree to meet the obligations of the board to qualified
13 beneficiaries if moneys in the fund fail to offset the
14 obligations of the board as a result of imprudent investing by
15 such provider. Each authorized insurer shall evidence superior
16 performance overall on an acceptable level of surety in
17 meeting its obligations to its policyholders and other
18 contractual obligations. Only qualified public depositories
19 approved by the Insurance Commissioner and Treasurer shall be
20 eligible for board consideration. Each investment company
21 shall provide investment plans as specified within the request
22 for proposals. The goals of the board in selecting a product
23 provider company shall be to provide all purchasers with the
24 most secure, well-diversified, and beneficially administered
25 postsecondary education expense plan possible, to allow all
26 qualified firms interested in providing such services equal
27 consideration, and to provide such services to the state at no
28 cost and to the purchasers at the lowest cost possible.
29 Evaluations of proposals submitted pursuant to this paragraph
30 shall include, but not be limited to, the following criteria:
31
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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 and current investment performance, including
5 investment and interest rate history, guaranteed minimum rates
6 of interest, consistency of investment performance, and any
7 terms and conditions under which moneys are held.
8 3. Past experience and ability to provide timely and
9 accurate service in the areas of records administration,
10 benefit payments, investment management, and complaint
11 resolution.
12 4. Financial history and current financial strength
13 and capital adequacy to provide products, including operating
14 procedures and other methods of protecting program assets.
15 (7) FLORIDA PREPAID COLLEGE BOARD; POWERS.--The board
16 shall have the powers necessary or proper to carry out the
17 provisions of this section, including, but not limited to, the
18 power to:
19 (a) Adopt an official seal and rules.
20 (b) Sue and be sued.
21 (c) Make and execute contracts and other necessary
22 instruments.
23 (d) Establish agreements or other transactions with
24 federal, state, and local agencies, including state
25 universities and community colleges.
26 (e) Invest funds not required for immediate
27 disbursement.
28 (f) Appear in its own behalf before boards,
29 commissions, or other governmental agencies.
30 (g) Hold, buy, and sell any instruments, obligations,
31 securities, and property determined appropriate by the board.
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1 (h) Require a reasonable length of state residence for
2 qualified beneficiaries.
3 (i) Restrict the number of participants in the
4 community college plan, university plan, and dormitory
5 residence plan, respectively. However, any person denied
6 participation solely on the basis of such restriction shall be
7 granted priority for participation during the succeeding year.
8 (j) Segregate contributions and payments to the fund
9 into various accounts and funds.
10 (k) Contract for necessary goods and services, employ
11 necessary personnel, and engage the services of private
12 consultants, actuaries, managers, legal counsel, and auditors
13 for administrative or technical assistance.
14 (l) Solicit and accept gifts, grants, loans, and other
15 aids from any source or participate in any other way in any
16 government program to carry out the purposes of this section.
17 (m) Require and collect administrative fees and
18 charges in connection with any transaction and impose
19 reasonable penalties, including default, for delinquent
20 payments or for entering into an advance payment contract on a
21 fraudulent basis.
22 (n) Procure insurance against any loss in connection
23 with the property, assets, and activities of the fund or the
24 board.
25 (o) Impose reasonable time limits on use of the
26 tuition benefits provided by the program. However, any such
27 limitation shall be specified within the advance payment
28 contract.
29 (p) Delineate the terms and conditions under which
30 payments may be withdrawn from the fund and impose reasonable
31 fees and charges for such withdrawal. Such terms and
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1 conditions shall be specified within the advance payment
2 contract.
3 (q) Provide for the receipt of contributions in lump
4 sums or installment payments.
5 (r) Require that purchasers of advance payment
6 contracts verify, under oath, any requests for contract
7 conversions, substitutions, transfers, cancellations, refund
8 requests, or contract changes of any nature. Verification
9 shall be accomplished as authorized and provided for in s.
10 92.525(1)(a).
11 (s) Delegate responsibility for administration of the
12 comprehensive investment plan required in paragraph (6)(c) to
13 a person the board determines to be qualified. Such person
14 shall be compensated by the board. Directly or through such
15 person, the board may contract with a private corporation or
16 institution to provide such services as may be a part of the
17 comprehensive investment plan or as may be deemed necessary or
18 proper by the board or such person, including, but not limited
19 to, providing consolidated billing, individual and collective
20 recordkeeping and accountings, and asset purchase, control,
21 and safekeeping.
22 (t) Endorse insurance coverage written exclusively for
23 the purpose of protecting advance payment contracts, and the
24 purchasers and beneficiaries thereof, which may be issued in
25 the form of a group life policy and which is exempt from the
26 provisions of part V of chapter 627.
27 (u) Solicit proposals and contract, pursuant to s.
28 287.057, for the services of a records administrator. The
29 goals of the board in selecting a records administrator shall
30 be to provide all purchasers with the most secure,
31 well-diversified, and beneficially administered postsecondary
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1 education expense plan possible, to allow all qualified firms
2 interested in providing such services equal consideration, and
3 to provide such services to the state at no cost and to the
4 purchasers at the lowest cost possible. Evaluations of
5 proposals submitted pursuant to this paragraph shall include,
6 but not be limited to, the following criteria:
7 1. Fees and other costs charged to purchasers that
8 affect account values or operational costs related to the
9 program.
10 2. Past experience in records administration and
11 current ability to provide timely and accurate service in the
12 areas of records administration, audit and reconciliation,
13 plan communication, participant service, and complaint
14 resolution.
15 3. Sufficient staff and computer capability for the
16 scope and level of service expected by the board.
17 4. Financial history and current financial strength
18 and capital adequacy to provide administrative services
19 required by the board.
20 (v) Establish other policies, procedures, and criteria
21 to implement and administer the provisions of this section.
22 (w) Adopt procedures to govern contract dispute
23 proceedings between the board and its vendors.
24 (8) QUALIFIED STATE TUITION PROGRAM
25 STATUS.--Notwithstanding any other provision of this section,
26 the board may adopt rules necessary to enable the program to
27 retain its status as a "qualified state tuition program" in
28 order to maintain its tax exempt status or other similar
29 status of the program, purchasers, and qualified beneficiaries
30 under the Internal Revenue Code of 1986, as defined in s.
31 220.03(1). The board shall inform purchasers of changes to the
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1 tax or securities status of contracts purchased through the
2 program.
3 (9) PREPAID COLLEGE PLANS.--At a minimum, the board
4 shall make advance payment contracts available for two
5 independent plans to be known as the community college plan
6 and the university plan. The board may also make advance
7 payment contracts available for a dormitory residence plan.
8 (a)1. Through the community college plan, the advance
9 payment contract shall provide prepaid registration fees for a
10 specified number of undergraduate semester credit hours not to
11 exceed the average number of hours required for the conference
12 of an associate degree. The cost of participation in the
13 community college plan shall be based primarily on the average
14 current and projected registration fees within the Florida
15 Community College System and the number of years expected to
16 elapse between the purchase of the plan on behalf of a
17 qualified beneficiary and the exercise of the benefits
18 provided in the plan by such beneficiary. Qualified
19 beneficiaries shall bear the cost of any laboratory fees
20 associated with enrollment in specific courses. Each qualified
21 beneficiary shall be classified as a resident for tuition
22 purposes, pursuant to s. 240.1201, regardless of his or her
23 actual legal residence.
24 2. Effective July 1, 1998, the board may provide
25 advance payment contracts for additional fees delineated in s.
26 240.35, not to exceed the average number of hours required for
27 the conference of an associate degree, in conjunction with
28 advance payment contracts for registration fees. The cost of
29 purchasing such fees shall be based primarily on the average
30 current and projected fees within the Florida Community
31 College System and the number of years expected to elapse
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1 between the purchase of the plan on behalf of the beneficiary
2 and the exercise of benefits provided in the plan by such
3 beneficiary. Community college plan contracts purchased prior
4 to July 1, 1998, shall be limited to the payment of
5 registration fees as defined in subsection (2).
6 (b)1. Through the university plan, the advance payment
7 contract shall provide prepaid registration fees for a
8 specified number of undergraduate semester credit hours not to
9 exceed the average number of hours required for the conference
10 of a baccalaureate degree. The cost of participation in the
11 university plan shall be based primarily on the current and
12 projected registration fees within the State University System
13 and the number of years expected to elapse between the
14 purchase of the plan on behalf of a qualified beneficiary and
15 the exercise of the benefits provided in the plan by such
16 beneficiary. Qualified beneficiaries shall bear the cost of
17 any laboratory fees associated with enrollment in specific
18 courses. Each qualified beneficiary shall be classified as a
19 resident for tuition purposes pursuant to s. 240.1201,
20 regardless of his or her actual legal residence.
21 2. Effective July 1, 1998, the board may provide
22 advance payment contracts for additional fees delineated in s.
23 240.235(1), for a specified number of undergraduate semester
24 credit hours not to exceed the average number of hours
25 required for the conference of a baccalaureate degree, in
26 conjunction with advance payment contracts for registration
27 fees. Such contracts shall provide prepaid coverage for the
28 sum of such fees, to a maximum of 45 percent of the cost of
29 registration fees. The costs of purchasing such fees shall be
30 based primarily on the average current and projected cost of
31 these fees within the State University System and the number
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1 of years expected to elapse between the purchase of the plan
2 on behalf of the qualified beneficiary and the exercise of the
3 benefits provided in the plan by such beneficiary. University
4 plan contracts purchased prior to July 1, 1998, shall be
5 limited to the payment of registration fees as defined in
6 subsection (2).
7 (c) Through the dormitory residence plan, the advance
8 payment contract may provide prepaid housing fees for a
9 maximum of 10 semesters of full-time undergraduate enrollment
10 in a state university. Dormitory residence plans shall be
11 purchased in increments of 2 semesters. The cost of
12 participation in the dormitory residence plan shall be based
13 primarily on the average current and projected housing fees
14 within the State University System and the number of years
15 expected to elapse between the purchase of the plan on behalf
16 of a qualified beneficiary and the exercise of the benefits
17 provided in the plan by such beneficiary. Qualified
18 beneficiaries shall have the highest priority in the
19 assignment of housing within university residence halls.
20 Qualified beneficiaries shall bear the cost of any additional
21 elective charges such as laundry service or long-distance
22 telephone service. Each state university may specify the
23 residence halls or other university-held residences eligible
24 for inclusion in the plan. In addition, any state university
25 may request immediate termination of a dormitory residence
26 contract based on a violation or multiple violations of rules
27 of the residence hall or other university-held residences. In
28 the event that sufficient housing is not available for all
29 qualified beneficiaries, the board shall refund the purchaser
30 or qualified beneficiary an amount equal to the fees charged
31 for dormitory residence during that semester. If a qualified
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1 beneficiary fails to be admitted to a state university or
2 chooses to attend a community college that operates one or
3 more dormitories or residency opportunities, or has one or
4 more dormitories or residency opportunities operated by the
5 community college direct-support organization, the qualified
6 beneficiary may transfer or cause to have transferred to the
7 community college, or community college direct-support
8 organization, the fees associated with dormitory residence.
9 Dormitory fees transferred to the community college or
10 community college direct-support organization may not exceed
11 the maximum fees charged for state university dormitory
12 residence for the purposes of this section, or the fees
13 charged for community college or community college
14 direct-support organization dormitories or residency
15 opportunities, whichever is less.
16 (10) TRANSFER OF BENEFITS TO PRIVATE AND OUT-OF-STATE
17 COLLEGES AND UNIVERSITIES AND TO AREA TECHNICAL CENTERS.--A
18 qualified beneficiary may apply the benefits of an advance
19 payment contract toward:
20 (a) Any eligible independent college or university. An
21 independent college or university that is located and
22 chartered in Florida, that is not for profit, that is
23 accredited by the Commission on Colleges of the Southern
24 Association of Colleges and Schools or the Accrediting Council
25 for Independent Colleges and Schools Accrediting Commission of
26 the Association of Independent Colleges and Schools, and that
27 confers degrees as defined in s. 246.021, is eligible for such
28 application. The board shall transfer, or cause to have
29 transferred, to the eligible independent college or university
30 designated by the qualified beneficiary an amount not to
31 exceed the redemption value of the advance payment contract at
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1 within a state postsecondary institution. If the cost of
2 registration or housing fees at the independent college or
3 university is less than the corresponding fees at a state
4 postsecondary institution, the amount transferred shall not
5 exceed the actual cost of registration or housing fees. A
6 transfer authorized under this paragraph may not exceed the
7 number of semester credit hours or semesters of dormitory
8 residence contracted on behalf of a qualified beneficiary.
9 (b) An eligible out-of-state college or university. An
10 out-of-state college or university that is not for profit and
11 is accredited by a regional accrediting association, and that
12 confers degrees, is eligible for such application. The board
13 shall transfer, or cause to have transferred, an amount not to
14 exceed the redemption value of the advance payment contract at
15 a state postsecondary institution or the original purchase
16 price plus 5 percent compounded interest, whichever is less,
17 after assessment of a reasonable transfer fee. If the cost of
18 registration or housing fees charged the qualified beneficiary
19 at the eligible out-of-state college or university is less
20 than this calculated amount, the amount transferred shall not
21 exceed the actual cost of registration or housing fees. Any
22 remaining amount shall be transferred in subsequent semesters
23 until the transfer value is depleted. A transfer authorized
24 under this paragraph may not exceed the number of semester
25 credit hours or semesters of dormitory residence contracted on
26 behalf of a qualified beneficiary.
27 (c) An applied technology diploma program or
28 vocational certificate program conducted by a community
29 college listed in s. 240.3031 or an area technical center
30 operated by a district school board. The board shall transfer
31 or cause to be transferred to the community college or area
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1 technical center designated by the qualified beneficiary an
2 amount not to exceed the redemption value of the advance
3 payment contract within a state postsecondary institution. If
4 the cost of the fees charged by the college or center, as
5 authorized in s. 239.117, is less than the corresponding fees
6 at a state postsecondary institution, the amount transferred
7 may not exceed the actual cost of the fees. A transfer
8 authorized under this paragraph may not exceed the number of
9 semester credit hours contracted on behalf of a qualified
10 beneficiary.
11
12 Notwithstanding any other provision in this section, an
13 institution must be an "eligible educational institution"
14 under s. 529 of the Internal Revenue Code to be eligible for
15 the transfer of advance payment contract benefits.
16 (11) ADVANCE PAYMENT CONTRACTS; CONTENTS.--The board
17 shall construct advance payment contracts for registration and
18 may construct advance payment contracts for dormitory
19 residence as provided in this section. Advance payment
20 contracts constructed for the purposes of this section shall
21 be exempt from chapter 517 and the Florida Insurance Code.
22 Such contracts shall include, but not be limited to, the
23 following:
24 (a) The amount of the payment or payments and the
25 number of payments required from a purchaser on behalf of a
26 qualified beneficiary.
27 (b) The terms and conditions under which purchasers
28 shall remit payments, including, but not limited to, the date
29 or dates upon which each payment shall be due.
30 (c) Provisions for late payment charges and for
31 default.
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1 (d) Provisions for penalty fees for withdrawals from
2 the fund.
3 (e) Except for an advance payment contract entered
4 into pursuant to subsection (22), the name and date of birth
5 of the qualified beneficiary on whose behalf the contract is
6 drawn and the terms and conditions under which another person
7 may be substituted as the qualified beneficiary.
8 (f) The name of any person who may terminate the
9 contract. The terms of the contract shall specify whether the
10 contract may be terminated by the purchaser, the qualified
11 beneficiary, a specific designated person, or any combination
12 of these persons.
13 (g) The terms and conditions under which a contract
14 may be terminated, modified, or converted, the name of the
15 person entitled to any refund due as a result of termination
16 of the contract pursuant to such terms and conditions, and the
17 amount of refund, if any, due to the person so named.
18 (h) The number of semester credit hours or semesters
19 of dormitory residence contracted by the purchaser.
20 (i) The state postsecondary system toward which the
21 contracted credit hours or semesters of dormitory residence
22 will be applied.
23 (j) The assumption of a contractual obligation by the
24 board to the qualified beneficiary to provide for a specified
25 number of semester credit hours of undergraduate instruction
26 at a state postsecondary institution, not to exceed the
27 average number of credit hours required for the conference of
28 the degree that corresponds to the plan purchased on behalf of
29 the qualified beneficiary or to provide for a specified number
30 of semesters of dormitory residence, not to exceed the number
31
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1 of semesters of full-time enrollment required for the
2 conference of a baccalaureate degree.
3 (k) Other terms and conditions deemed by the board to
4 be necessary or proper.
5 (12) DURATION OF BENEFITS; ADVANCE PAYMENT
6 CONTRACT.--An advance payment contract may provide that
7 contracts which have not been terminated or the benefits
8 exercised within a specified period of time shall be
9 considered terminated. Time expended by a qualified
10 beneficiary as an active duty member of any of the armed
11 services of the United States shall be added to the period of
12 time specified pursuant to this subsection. No purchaser or
13 qualified beneficiary whose advance payment contract is
14 terminated pursuant to this subsection shall be entitled to a
15 refund. The board shall retain any moneys paid by the
16 purchaser for an advance payment contract that has been
17 terminated in accordance with this subsection. Such moneys
18 retained by the board are exempt from chapter 717, and such
19 retained moneys must be used by the board to further the
20 purposes of this section.
21 (13) REFUNDS.--
22 (a) Except as provided in paragraphs (b) and (c), no
23 refund shall exceed the amount paid into the fund by the
24 purchaser.
25 (b) If the beneficiary is awarded a scholarship, the
26 terms of which cover the benefits included in the advance
27 payment contracts, moneys paid for the purchase of the advance
28 payment contracts shall be refunded returned to the purchaser
29 in semester installments coinciding with the matriculation by
30 the beneficiary in an amount which, in total, does not exceed
31 the redemption value of the advance payment contract at a
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1 state postsecondary institution amounts of either the original
2 purchase price plus 5 percent compounded interest, or the
3 current rates at state postsecondary institutions, whichever
4 is less.
5 (c) In the event of the death or total disability of
6 the beneficiary, moneys paid for the purchase of advance
7 payment contracts shall be refunded returned to the purchaser
8 in an amount not to exceed the redemption value of the advance
9 payment contract at a state postsecondary institution together
10 with 5 percent compounded interest, or the current rates at
11 state postsecondary institutions, whichever is less.
12 (d) If an advance payment contract is converted from
13 one registration plan to a plan of lesser value, the amount
14 refunded shall not exceed the difference between the amount
15 paid for the original contract and the amount that would have
16 been paid for the contract to which the plan is converted had
17 the converted plan been purchased under the same payment plan
18 at the time the original advance payment contract was
19 executed.
20 (e) No refund shall be authorized through an advance
21 payment contract for any school year partially attended but
22 not completed. For purposes of this section, a school year
23 partially attended but not completed shall mean any one
24 semester whereby the student is still enrolled at the
25 conclusion of the official drop-add period, but withdraws
26 before the end of such semester. If a beneficiary does not
27 complete a community college plan or university plan for
28 reasons other than specified in paragraph (c), the purchaser
29 shall receive a refund of the amount paid into the fund for
30 the remaining unattended years of the advance payment contract
31 pursuant to rules promulgated by the board.
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1 (14) CONFIDENTIALITY OF ACCOUNT
2 INFORMATION.--Information that identifies the purchasers or
3 beneficiaries of any plan promulgated under this section and
4 their advance payment account activities is exempt from the
5 provisions of s. 119.07(1). However, the board may authorize
6 the program's records administrator to release such
7 information to a community college, college, or university in
8 which a beneficiary may enroll or is enrolled. Community
9 colleges, colleges, and universities shall maintain such
10 information as exempt from the provisions of s. 119.07(1).
11 (15) OBLIGATIONS OF BOARD; PAYMENT.--The state shall
12 agree to meet the obligations of the board to qualified
13 beneficiaries if moneys in the fund fail to offset the
14 obligations of the board. The Legislature shall appropriate to
15 the Florida Prepaid College Trust Fund the amount necessary to
16 meet the obligations of the board to qualified beneficiaries.
17 (16) ASSETS OF THE FUND; EXPENDITURE PRIORITY.--The
18 assets of the fund shall be maintained, invested, and expended
19 solely for the purposes of this section and shall not be
20 loaned, transferred, or otherwise used by the state for any
21 purpose other than the purposes of this section. This
22 subsection shall not be construed to prohibit the board from
23 investing in, by purchase or otherwise, bonds, notes, or other
24 obligations of the state or an agency or instrumentality of
25 the state. Unless otherwise specified by the board, assets of
26 the fund shall be expended in the following order of priority:
27 (a) To make payments to state postsecondary
28 institutions on behalf of qualified beneficiaries.
29 (b) To make refunds upon termination of advance
30 payment contracts.
31
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1 (c) To pay the costs of program administration and
2 operations.
3 (17) EXEMPTION FROM CLAIMS OF CREDITORS.--Moneys paid
4 into or out of the fund by or on behalf of a purchaser or
5 qualified beneficiary of an advance payment contract made
6 under this section, which contract has not been terminated,
7 are exempt, as provided by s. 222.22, from all claims of
8 creditors of the purchaser or the beneficiary. Neither moneys
9 paid into the program nor benefits accrued through the program
10 may be pledged for the purpose of securing a loan.
11 (18) PAYROLL DEDUCTION AUTHORITY.--The state or any
12 state agency, county, municipality, or other political
13 subdivision may, by contract or collective bargaining
14 agreement, agree with any employee to remit payments toward
15 advance payment contracts through payroll deductions made by
16 the appropriate officer or officers of the state, state
17 agency, county, municipality, or political subdivision. Such
18 payments shall be held and administered in accordance with
19 this section.
20 (19) DISCLAIMER.--Nothing in this section shall be
21 construed as a promise or guarantee that a qualified
22 beneficiary will be admitted to a state postsecondary
23 institution or to a particular state postsecondary
24 institution, will be allowed to continue enrollment at a state
25 postsecondary institution after admission, or will be
26 graduated from a state postsecondary institution.
27 (20) PROGRAM TERMINATION.--In the event that the state
28 determines the program to be financially infeasible, the state
29 may discontinue the provision of the program. Any qualified
30 beneficiary who has been accepted by and is enrolled or is
31 within 5 years of enrollment in an eligible independent
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1 college or university or state postsecondary institution shall
2 be entitled to exercise the complete benefits for which he or
3 she has contracted. All other contract holders shall receive a
4 refund of the amount paid in and an additional amount in the
5 nature of interest at a rate that corresponds, at a minimum,
6 to the prevailing interest rates for savings accounts provided
7 by banks and savings and loan associations.
8 (21) ANNUAL REPORT.--The board shall annually prepare
9 or cause to be prepared a report setting forth in appropriate
10 detail an accounting of the fund and a description of the
11 financial condition of the program at the close of each fiscal
12 year. Such report shall be submitted to the President of the
13 Senate, the Speaker of the House of Representatives, and
14 members of the State Board of Education on or before March 31
15 each year. In addition, the board shall make the report
16 available to purchasers of advance payment contracts. The
17 board shall provide to the Board of Regents and the State
18 Board of Community Colleges, by March 31 each year, complete
19 advance payment contract sales information, including
20 projected postsecondary enrollments of qualified
21 beneficiaries. The accounts of the fund shall be subject to
22 annual audits by the Auditor General or his or her designee.
23 (22) DIRECT-SUPPORT ORGANIZATION; AUTHORITY.--
24 (a) The board may establish a direct-support
25 organization which is:
26 1. A Florida corporation, not for profit, incorporated
27 under the provisions of chapter 617 and approved by the
28 Secretary of State.
29 2. Organized and operated exclusively to receive,
30 hold, invest, and administer property and to make expenditures
31 to or for the benefit of the program.
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1 3. An organization which the board, after review, has
2 certified to be operating in a manner consistent with the
3 goals of the program and in the best interests of the state.
4 Unless so certified, the organization may not use the name of
5 the program.
6 (b) The direct-support organization shall operate
7 under written contract with the board. The contract must
8 provide for:
9 1. Approval of the articles of incorporation and
10 bylaws of the direct-support organization by the board.
11 2. Submission of an annual budget for the approval of
12 the board. The budget must comply with rules adopted by the
13 board.
14 3. An annual financial and compliance audit of its
15 financial accounts and records by an independent certified
16 public accountant in accordance with rules adopted by the
17 board.
18 4. Certification by the board that the direct-support
19 organization is complying with the terms of the contract and
20 in a manner consistent with the goals and purposes of the
21 board and in the best interest of the state. Such
22 certification must be made annually and reported in the
23 official minutes of a meeting of the board.
24 5. The reversion to the board, or to the state if the
25 board ceases to exist, of moneys and property held in trust by
26 the direct-support organization for the benefit of the board
27 or program if the direct-support organization is no longer
28 approved to operate for the board or if the board ceases to
29 exist.
30
31
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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
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1 shall jointly name three other individuals to serve as
2 directors of the organization.
3 (f) The board may authorize the direct-support
4 organization established in this subsection to use program
5 property, except money, and use facilities and personal
6 services subject to the provisions of this section. If the
7 direct-support organization does not provide equal employment
8 opportunities to all persons regardless of race, color,
9 religion, sex, age, or national origin, it may not use the
10 property, facilities, or personal services of the board. For
11 the purposes of this subsection, the term "personal services"
12 includes full-time personnel and part-time personnel as well
13 as payroll processing as prescribed by rule of the board. The
14 board shall adopt rules prescribing the procedures by which
15 the direct-support organization is governed and any conditions
16 with which such a direct-support organization must comply to
17 use property, facilities, or personal services of the board.
18 (g) The board may invest funds of the direct-support
19 organization which have been allocated for the purchase of
20 advance payment contracts for scholarships with receipts for
21 advance payment contracts.
22 Section 24. Section 240.6053, Florida Statutes, is
23 created to read:
24 240.6053 Academic program contracts.--
25 (1) Academic program contracts with independent
26 institutions recommended by the Postsecondary Education
27 Planning Commission pursuant to s. 240.147(4), and approved by
28 the State Board of Education pursuant to s. 229.053(2), shall
29 be administered by the Department of Education.
30 (2) Funding for such contracts shall be based on the
31 average cost to the state to provide similar programs in the
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1 State University System or an amount specified in the General
2 Appropriations Act.
3 (3) Priority for academic program contract support
4 shall be given to students with demonstrated financial need.
5 To be eligible for such support, a student shall meet the
6 general requirements for student eligibility for state
7 financial aid pursuant to s. 240.404.
8 (4) The tuition and fees assessed students supported
9 through an academic program contract shall not exceed the
10 amount required to pay the average matriculation and fees for
11 a comparable program at a state university.
12 (5) The amount an institution receives per student for
13 funding pursuant to this section, plus the tuition and fees
14 paid by the student, plus the value of the Florida Resident
15 Access Grant received by the student shall not exceed the full
16 cost per student to the state of a similar program in the
17 State University System.
18 (6) Institutions receiving support pursuant to this
19 section shall annually submit to the department data on
20 performance measures, including, but not limited to, degrees
21 granted, graduation rates, licensure or certification rates of
22 graduates where applicable, and employment in Florida.
23 Section 25. Section 295.01, Florida Statutes, is
24 amended to read:
25 295.01 Children of deceased or disabled veterans;
26 education.--
27 (1) It is hereby declared to be the policy of the
28 state to provide educational opportunity at state expense for
29 dependent children either of whose parents was a resident of
30 the state at the time such parent entered the Armed Forces,
31 had been a bona fide resident of the state for 5 years
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1 preceding the child's application for benefits under this
2 section, and who:
3 (a) Died in that service or from injuries sustained or
4 disease contracted during a period of wartime service as
5 defined in s. 1.01(14) or has died since or may hereafter die
6 from diseases or disability resulting from such war service;,
7 or
8 (b) Participated during a period of wartime service,
9 as provided for in this chapter, and has been:
10 1. Determined by the United States Department of
11 Veterans Affairs or its predecessor to have a
12 service-connected 100-percent total and permanent disability
13 rating for compensation;,
14 2. Determined to have a service-connected total and
15 permanent disability rating of 100 percent and is in receipt
16 of disability retirement pay from any branch of the United
17 States Armed Services;, or
18 3. Issued a valid identification card by the
19 Department of Veterans' Affairs in accordance with s. 295.17.,
20
21 when the parents of such children have been bona fide
22 residents of the state for 5 years next preceding their
23 application for the benefits hereof, and subject to the rules,
24 restrictions, and limitations hereof.
25 (2) The provisions of ss. 240.404, 295.03, 295.04, and
26 295.05 shall apply.
27 (3) The State Board of Education shall adopt rules for
28 administering this section.
29 Section 26. Section 295.02, Florida Statutes, is
30 amended to read:
31 295.02 Use of funds; age, etc.--
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1 (1) All sums appropriated and expended under this
2 chapter shall be used to pay tuition and registration fees as
3 defined by the Department of Education, board, and room rent
4 and to buy books and supplies for the children of:
5 (a) Deceased or disabled veterans or service members,
6 as defined and limited in s. 295.01, s. 295.016, s. 295.017,
7 s. 295.018, s. 295.019, or s. 295.0195; or, or of
8 (b) Parents classified as prisoners of war or missing
9 in action, as defined and limited in s. 295.015., who are
10 (2) Such children must be between the ages of 16 and
11 22 years and who are in attendance at:
12 (a) A state-supported institution of higher learning,
13 including a community college or vocational-technical school;
14 or.
15 (b) A postsecondary education institution eligible to
16 participate in the Florida Bright Futures Scholarship Program.
17 A student attending an eligible independent postsecondary
18 education institution may receive an award equivalent to the
19 average matriculation and fees calculated for full-time
20 attendance at a public postsecondary education institution at
21 the comparable level.
22
23 Any child having entered upon a course of training or
24 education under the provisions of this chapter, consisting of
25 a course of not more than 4 years, and arriving at the age of
26 22 years before the completion of such course may continue the
27 course and receive all benefits of the provisions of this
28 chapter until the course is completed.
29 (3) The Department of Education shall administer this
30 educational program subject to rules regulations of the State
31
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1 Board of Education department. The state board is authorized
2 to adopt rules to implement the provisions of this program.
3 Section 27. Except as otherwise provided herein, this
4 act shall take effect July 1, 2001.
5
6 *****************************************
7 HOUSE SUMMARY
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Revises provisions of law governing financial aid. See
9 bill for details.
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