Florida Senate - 2021 SB 1406 By Senator Jones 35-01706-21 20211406__ 1 A bill to be entitled 2 An act relating to the Postsecondary Graduation 3 Achievement Housing Scholarship Program; creating s. 4 1009.895, F.S.; establishing the Postsecondary 5 Graduation Achievement Housing Scholarship Program; 6 requiring the Department of Education to administer 7 the program; providing for funding; providing 8 department duties; providing eligibility requirements; 9 providing scholarship amounts; authorizing 10 scholarships to be prorated under certain 11 circumstances; providing requirements for the use of 12 scholarship funds; authorizing the State Board of 13 Education to adopt rules; providing an effective date. 14 15 Be It Enacted by the Legislature of the State of Florida: 16 17 Section 1. Section 1009.895, Florida Statutes, is created 18 to read: 19 1009.895 Postsecondary Graduation Achievement Housing 20 Scholarship Program.— 21 (1) To help high-achieving postsecondary graduates who have 22 significant financial need become productive residents of this 23 state and join the workforce, there is established the 24 Postsecondary Graduation Achievement Housing Scholarship 25 Program, a lottery-funded program to be administered by the 26 Department of Education. Funding for the program must be 27 annually allocated from the Education Enhancement Trust Fund. 28 (2) The department shall establish an application process 29 for eligible individuals and criteria for, at a minimum, the 30 determination of significant financial need. Scholarships must 31 be awarded on a first-come, first-served basis, subject to 32 available funding. 33 (3) To be eligible for a scholarship under this program, an 34 individual must: 35 (a) Have been a resident for tuition purposes pursuant to 36 s. 1009.21 during his or her postsecondary education. 37 (b) Have been a recipient of a state-funded scholarship or 38 grant award under chapter 1009 for at least 1 year of his or her 39 postsecondary education. 40 (c) Have a significant financial need as determined 41 pursuant to subsection (2). 42 (d) Have graduated from a postsecondary education 43 institution in this state with at least a cumulative grade point 44 average of 3.0 on a 4.0 scale in the last 2 years. 45 (4) Scholarships must be awarded to individuals for a 46 period of 2 years as follows: 47 (a) For the first year, each individual must receive $400 48 per month. 49 (b) For the second year, each individual must receive $300 50 per month. 51 (c) Subject to available funds, each individual awarded a 52 scholarship may receive a one-time award of up to $1,500 for his 53 or her first year in the program. 54 55 If appropriated funds are not sufficient, funds for each 56 scholarship must be prorated. 57 (5) Scholarship funds must be used to pay for housing and 58 security deposits for housing in this state. 59 (6) The State Board of Education may adopt rules to 60 administer this section. 61 Section 2. This act shall take effect July 1, 2021.