Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. CS for SB 1750
Barcode 230742
CHAMBER ACTION
Senate House
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11 The Committee on Education Appropriations (King) recommended
12 the following 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 to provide donors with
23 a matching grant incentive for contributions that will create
24 grant-based student financial aid for undergraduate students
25 who demonstrate financial need and whose parents, as defined
26 in s. 1009.21(1), have not earned a baccalaureate degree. In
27 the case of any individual who regularly resided with and
28 received support from only one parent, an individual whose
29 only such parent did not complete a baccalaureate degree would
30 also be eligible.
31 (2) Funds appropriated by the Legislature for the
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Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. CS for SB 1750
Barcode 230742
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 and pledged for the purposes of this section are
5 eligible for state matching funds appropriated for this
6 program and are not eligible for any other state matching
7 grant program. Pledged contributions are not eligible for
8 matching prior to the actual collection of the total funds.
9 The Office of Student Financial Assistance shall reserve a
10 proportionate allocation of the total appropriated funds for
11 each state university on the basis of full-time equivalent
12 enrollment. Funds that remain unmatched as of December 1 shall
13 be reallocated to state universities that have remaining
14 unmatched private contributions for the program on the basis
15 of full-time equivalent enrollment.
16 (3) Payment of the state matching grant shall be
17 transmitted to the president of each participating institution
18 or his or her representative in advance of the official
19 drop-add deadline as defined by the institution.
20 (4) Each participating state university shall
21 establish an application process, determine student
22 eligibility for initial and renewal awards in conformance with
23 subsection (5), identify the amount awarded to each recipient,
24 and notify recipients of the amount of their awards.
25 (5) In order to be eligible to receive a grant
26 pursuant to this section, an applicant must:
27 (a) Be a resident for tuition purposes pursuant to s.
28 1009.21.
29 (b) Be a first-generation college student. For the
30 purposes of this section, a student is considered "first
31 generation" if neither of the student's parents, as defined in
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10:43 AM 04/21/06 s1750c1d-ea08-z7q
Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. CS for SB 1750
Barcode 230742
1 s. 1009.21(1), earned a college degree at the baccalaureate
2 level or higher or, in the case of any individual who
3 regularly resided with and received support from only one
4 parent, if that parent did not earn a baccalaureate degree.
5 (c) Be accepted at a state university.
6 (d) Be enrolled for a minimum of six credit hours per
7 term as a degree-seeking undergraduate student.
8 (e) Have demonstrated financial need by completing the
9 Free Application for Federal Student Aid.
10 (f) Meet additional eligibility requirements as
11 established by the institution.
12 (6) The award amount shall be based on the student's
13 need assessment after any scholarship or grant aid, including,
14 but not limited to, a Pell Grant or a Bright Futures
15 Scholarship, has been applied. An award may not exceed the
16 institution's estimated annual cost of attendance for the
17 student to attend the institution.
18 (7) Each participating institution shall report to the
19 Office of Student Financial Assistance by the date established
20 by the office the eligible students to whom grant moneys are
21 disbursed each academic term. Each institution shall certify
22 to the Office of Student Financial Assistance the amount of
23 funds disbursed to each student and shall remit to the office
24 any undisbursed advances by June 1 of each year.
25 (8) No later than July 1, each participating
26 institution shall annually report to the Executive Office of
27 the Governor, the President of the Senate, the Speaker of the
28 House of Representatives, and the Board of Governors, the
29 eligibility requirements for recipients, the aggregate
30 demographics of recipients, the retention and graduation rates
31 of recipients, and a delineation of funds awarded to
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Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. CS for SB 1750
Barcode 230742
1 recipients.
2 (9) This section shall be implemented only as
3 specifically funded.
4 Section 2. For the 2006-2007 fiscal year, the
5 recurring sum of $6.5 million from the General Revenue Fund is
6 appropriated to the Department of Education for the First
7 Generation Matching Grant Program pursuant to this act.
8 Section 3. This act shall take effect July 1, 2006.
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12 And the title is amended as follows:
13 Delete everything before the enacting clause
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15 and insert:
16 A bill to be entitled
17 An act relating to student financial
18 assistance; creating s. 1009.701, F.S.;
19 creating the First Generation Matching Grant
20 Program to provide financial aid to
21 undergraduate students of a state university
22 who have a financial need and whose parents
23 have not earned a baccalaureate degree;
24 providing for the appropriation, allocation,
25 and distribution of funds; providing student
26 eligibility requirements; providing duties of
27 institutions participating in the program;
28 providing an appropriation; providing an
29 effective date.
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