Florida Senate - 2008 SB 2746

By Senator Deutch

30-03298-08 20082746__

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A bill to be entitled

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An act relating to the First Generation Matching Grant

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Program; amending s. 1009.701, F.S.; including

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participation in the program by certain independent

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colleges and universities; providing student eligibility

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requirements; providing an effective date.

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Be It Enacted by the Legislature of the State of Florida:

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     Section 1.  Subsections (1), (2), and (4) and paragraphs (a)

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and (c) of subsection (5) of section 1009.701, Florida Statutes,

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are amended to read:

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     1009.701  First Generation Matching Grant Program.--

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     (1)  The First Generation Matching Grant Program is created

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to enable each state university and each independent nonprofit

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college or university eligible to participate in the William L.

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Boyd, IV, Florida Resident Access Grant Program under s. 1009.89

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to provide donors with a matching grant incentive for

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contributions that will create grant-based student financial aid

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for undergraduate students who demonstrate financial need and

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whose parents, as defined in s. 1009.21(1), have not earned a

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baccalaureate degree. In the case of any individual who regularly

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resided with and received support from only one parent, an

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individual whose only such parent did not complete a

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baccalaureate degree would also be eligible.

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     (2)  Funds appropriated by the Legislature for the program

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shall be allocated by the Office of Student Financial Assistance

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to match private contributions on a dollar-for-dollar basis.

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Contributions made to a state university or independent college

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or university qualified under this section and pledged for the

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purposes of this section are eligible for state matching funds

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appropriated for this program and are not eligible for any other

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state matching grant program. Pledged contributions are not

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eligible for matching prior to the actual collection of the total

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funds. The Office of Student Financial Assistance shall reserve a

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proportionate allocation of the total appropriated funds for each

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state university or qualified independent college or university

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on the basis of full-time equivalent enrollment. Funds that

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remain unmatched as of December 1 shall be reallocated to state

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universities or qualified independent colleges or universities

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that have remaining unmatched private contributions for the

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program on the basis of full-time equivalent enrollment.

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     (4) Each participating state university or qualified

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independent college or university shall establish an application

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process, determine student eligibility for initial and renewal

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awards in conformance with subsection (5), identify the amount

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awarded to each recipient, and notify recipients of the amount of

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their awards.

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     (5)  In order to be eligible to receive a grant pursuant to

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this section, an applicant must:

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     (a)  Be a resident for tuition purposes pursuant to s.

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1009.21 or meet the eligibility requirements of s. 1009.89(4).

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     (c) Be accepted at a state university or independent

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college or university qualified under this section.

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     Section 2.  This act shall take effect July 1, 2008.

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