Florida Senate - 2006                      COMMITTEE AMENDMENT
    Bill No. SB 1750
                        Barcode 093880
                            CHAMBER ACTION
              Senate                               House
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       03/14/2006 01:14 PM         .                    
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11  The Committee on Education (Wise) recommended the following
12  amendment:
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14         Senate Amendment (with title amendment) 
15         Delete everything after the enacting clause
16  
17  and insert:  
18         Section 1.  Section 1009.701, Florida Statutes, is
19  created to read:
20         1009.701  First Generation Matching Grant Program.--
21         (1)  The First Generation Matching Grant Program is
22  created to enable each state university and community college
23  to provide donors with a matching grant incentive for
24  contributions that will create grant-based student financial
25  aid for undergraduate students who demonstrate financial need
26  and whose parents, as defined in s. 1009.21(1), have not
27  earned a baccalaureate degree. In the case of any individual
28  who regularly resided with and received support from only one
29  parent, an individual whose only such parent did not complete
30  a baccalaureate degree would also be eligible.
31         (2)  Funds appropriated by the Legislature for the
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Florida Senate - 2006 COMMITTEE AMENDMENT Bill No. SB 1750 Barcode 093880 1 program shall be allocated by the Office of Student Financial 2 Assistance to match private contributions on a 3 dollar-for-dollar basis. Contributions made to a state 4 university or community college and pledged for the purposes 5 of this section are eligible for state matching funds 6 appropriated for this program and are not eligible for any 7 other state matching grant program. Pledged contributions are 8 not eligible for matching prior to the actual collection of 9 the total funds. The Office of Student Financial Assistance 10 shall reserve one-half of the total appropriated funds for 11 state universities and the remaining one-half for community 12 colleges. Within each 50-percent portion, the Office of 13 Student Financial Assistance shall reserve a proportionate 14 allocation for each state university and community college on 15 the basis of full-time equivalent enrollment. Funds that 16 remain unmatched as of December 1 shall be reallocated to 17 state universities and community colleges that have remaining 18 unmatched private contributions for the program on the basis 19 of full-time equivalent enrollment. 20 (3) Payment of the state matching grant shall be 21 transmitted to the president of each participating institution 22 or his or her representative in advance of the official 23 drop-add deadline as defined by the institution. 24 (4) Each participating state university and community 25 college shall establish an application process, determine 26 student eligibility for initial and renewal awards in 27 conformance with subsection (5), identify the amount awarded 28 to each recipient, and notify recipients of the amount of 29 their awards. 30 (5) In order to be eligible to receive a grant 31 pursuant to this section, an applicant must: 2 2:19 PM 03/13/06 s1750c-ed05-b02
Florida Senate - 2006 COMMITTEE AMENDMENT Bill No. SB 1750 Barcode 093880 1 (a) Be a resident for tuition purposes pursuant to s. 2 1009.21. 3 (b) Be a first-generation college student. For the 4 purposes of this section, a student is considered "first 5 generation" if neither of the student's parents, as defined in 6 s. 1009.21(1), earned a college degree at the baccalaureate 7 level or higher or, in the case of any individual who 8 regularly resided with and received support from only one 9 parent, if that parent did not earn a baccalaureate degree. 10 (c) Be accepted at a state university or community 11 college. 12 (d) Be enrolled for a minimum of six credit hours per 13 term as a degree-seeking undergraduate student. 14 (e) Have demonstrated financial need by completing the 15 Free Application for Federal Student Aid. 16 (f) Meet additional eligibility requirements as 17 established by the institution. 18 (6) The award amount shall be based on the student's 19 need assessment after any scholarship or grant aid, including, 20 but not limited to, a Pell Grant or a Bright Futures 21 Scholarship, has been applied. An award may not exceed the 22 institution's estimated annual cost of attendance for the 23 student to attend the institution. 24 (7) Each participating institution shall report to the 25 Office of Student Financial Assistance by the date established 26 by the office the eligible students to whom grant moneys are 27 disbursed each academic term. Each institution shall certify 28 to the Office of Student Financial Assistance the amount of 29 funds disbursed to each student and shall remit to the office 30 any undisbursed advances by June 1 of each year. 31 (8) No later than July 1, each participating 3 2:19 PM 03/13/06 s1750c-ed05-b02
Florida Senate - 2006 COMMITTEE AMENDMENT Bill No. SB 1750 Barcode 093880 1 institution shall annually report to the Executive Office of 2 the Governor, the President of the Senate, the Speaker of the 3 House of Representatives, and each community college to the 4 State Board of Education, and each state university to the 5 Board of Governors, the eligibility requirements for 6 recipients, the aggregate demographics of recipients, the 7 retention and graduation rates of recipients, and a 8 delineation of funds awarded to recipients. 9 (9) This section shall be implemented only as 10 specifically funded. 11 Section 2. This act shall take effect upon becoming a 12 law. 13 14 15 ================ T I T L E A M E N D M E N T =============== 16 And the title is amended as follows: 17 Delete everything before the enacting clause 18 19 and insert: 20 A bill to be entitled 21 An act relating to student financial 22 assistance; creating s. 1009.701, F.S.; 23 creating the First Generation Matching Grant 24 Program to provide financial aid to 25 undergraduate students with financial need 26 whose parents have not earned a baccalaureate 27 degree; providing for the appropriation, 28 allocation, and distribution of funds; 29 providing student eligibility requirements; 30 providing duties of institutions participating 31 in the program; providing an effective date. 4 2:19 PM 03/13/06 s1750c-ed05-b02