North Carolina SB 1465: Increase State Contractual Scholar Fund.

Status: Ref To Com On Appropriations/Base Budget (as of 2006-05-17)

State: North Carolina · Session: 2005 · Bill: SB 1465

Subjects: APPROPRIATIONS, BOARDS, BUDGETING, COLLEGES & UNIVERSITIES, EDUCATION, HIGHER EDUCATION, PRIVATE SCHOOLS, PUBLIC, TUITION, UNC, UNC BOARD OF GOVERNORS, SEN. LUCAS, SCHOLARSHIPS

Sponsors: Lucas

Bill Text

GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2005
S 1
SENATE BILL 1465*

Short Title: Increase State Contractual Scholar Fund. (Public)
Sponsors: Senator Lucas.
Referred to: Appropriations/Base Budget.
May 17, 2006

A BILL TO BE ENTITLED 1
AN ACT TO APPROPRIATE FUNDS TO THE BOARD OF GOVERNORS OF THE 2
UNIVERSITY OF NORTH CAROLINA TO INCREASE THE STATE 3
CONTRACTUAL SCHOLARSHIP FUND. 4
The General Assembly of North Carolina enacts: 5
SECTION 1. There is appropriated from the General Fund to the Board of 6
Governors of The University of North Carolina the sum of fifteen million five hundred 7
eighty thousand six hundred twenty-five dollars ($15,580,625) for the 2006-2007 fiscal 8
year to provide an increase in scholarship funds for needy North Carolina students 9
attending private institutions of higher education. These funds shall be disbursed in 10
accordance with G.S. 116-19 to provide up to one thousand six hundred fifty dollars 11
($1,650) for each North Carolina student who qualifies for a scholarship and is enrolled 12
at a private institution for the regular academic year. 13
SECTION 2. This act becomes effective July 1, 2006. 14

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