HB 227

1
A bill to be entitled
2An act relating to the First Generation Matching Grant
3Program; amending s. 1009.701, F.S.; including
4participation in the program by certain independent
5colleges and universities; providing student eligibility
6requirements; providing an effective date.
7
8Be It Enacted by the Legislature of the State of Florida:
9
10     Section 1.  Subsections (1), (2), and (4) and paragraphs
11(a) and (c) of subsection (5) of section 1009.701, Florida
12Statutes, are amended to read:
13     1009.701  First Generation Matching Grant Program.--
14     (1)  The First Generation Matching Grant Program is created
15to enable each state university and each independent nonprofit
16college or university eligible to participate in the William L.
17Boyd, IV, Florida Resident Access Grant Program under s. 1009.89
18to provide donors with a matching grant incentive for
19contributions that will create grant-based student financial aid
20for undergraduate students who demonstrate financial need and
21whose parents, as defined in s. 1009.21(1), have not earned a
22baccalaureate degree. In the case of any individual who
23regularly resided with and received support from only one
24parent, an individual whose only such parent did not complete a
25baccalaureate degree would also be eligible.
26     (2)  Funds appropriated by the Legislature for the program
27shall be allocated by the Office of Student Financial Assistance
28to match private contributions on a dollar-for-dollar basis.
29Contributions made to a state university or independent college
30or university qualified under this section and pledged for the
31purposes of this section are eligible for state matching funds
32appropriated for this program and are not eligible for any other
33state matching grant program. Pledged contributions are not
34eligible for matching prior to the actual collection of the
35total funds. The Office of Student Financial Assistance shall
36reserve a proportionate allocation of the total appropriated
37funds for each state university or qualified independent college
38or university on the basis of full-time equivalent enrollment.
39Funds that remain unmatched as of December 1 shall be
40reallocated to state universities or qualified independent
41colleges or universities that have remaining unmatched private
42contributions for the program on the basis of full-time
43equivalent enrollment.
44     (4)  Each participating state university or qualified
45independent college or university shall establish an application
46process, determine student eligibility for initial and renewal
47awards in conformance with subsection (5), identify the amount
48awarded to each recipient, and notify recipients of the amount
49of their awards.
50     (5)  In order to be eligible to receive a grant pursuant to
51this section, an applicant must:
52     (a)  Be a resident for tuition purposes pursuant to s.
531009.21 or meet the eligibility requirements of s. 1009.89(4).
54     (c)  Be accepted at a state university or independent
55college or university qualified under this section.
56     Section 2.  This act shall take effect July 1, 2008.


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