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:
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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
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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.
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16 And the title is amended as follows:
17 Delete everything before the enacting clause
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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.
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