Idaho H 505: EDUCATION – Amends existing law to revise provisions regarding the postsecondary credit scholarship.
Status: Read Third Time in Full – U.C. to be returned to Education Committee (as of 2022-02-14)
State: Idaho · Session: 2022 · Bill: H 505
Subjects: COLLEGES AND UNIVERSITIES, EDUCATION, SCHOLARSHIPS, STUDENTS
Sponsors: EDUCATION COMMITTEE
Bill Text
LEGISLATURE OF THE STATE OF IDAHO Sixty-sixth Legislature Second Regular Session - 2022 IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 505 BY EDUCATION COMMITTEE AN ACT1 RELATING TO EDUCATION; AMENDING SECTION 33-4605, IDAHO CODE, TO REVISE PRO-2 VISIONS REGARDING THE POSTSECONDARY CREDIT SCHOLARSHIP AND TO MAKE A3 TECHNICAL CORRECTION; AND DECLARING AN EMERGENCY AND PROVIDING AN EF-4 FECTIVE DATE.5 Be It Enacted by the Legislature of the State of Idaho:6 SECTION 1. That Section 33-4605, Idaho Code, be, and the same is hereby7 amended to read as follows:8 33-4605. POSTSECONDARY CREDIT SCHOLARSHIP. (1) Subject to the provi-9 sions of subsections (2), (3) and (4) of this section, beginning with the10 spring 2016 graduating class:11 (a) Any student who has earned at least ten (10) postsecondary semester12 credits upon graduation from an accredited high school in Idaho, or its13 equivalent, shall be entitled to a postsecondary credit scholarship in14 the an amount of up to two thousand dollars ($2,000) that shall be used15 for tuition and fees at any eligible institution.16 (b) Any student who has earned at least twenty (20) postsecondary17 semester credits upon graduation from an accredited high school in18 Idaho, or its equivalent, shall be entitled to a postsecondary credit19 scholarship in the an amount of up to four thousand dollars ($4,000)20 that shall be used for tuition and fees at any eligible institution.21 (c) Any student who has earned an associate degree from an accredited22 institution upon graduation from an accredited high school in Idaho, or23 its equivalent, shall be entitled to a postsecondary credit scholarship24 in the amount of eight thousand dollars ($8,000) that shall be used for25 tuition and fees at any eligible institution.26 (2) For subsection (1)(a) and (b) of this section, the award amount27 shall be limited by the number of credits accepted by the eligible institu-28 tion where the scholarship is to be applied. For subsection (1)(a) through29 (c) of this section, the awards shall be annual awards and one-quarter (1/4)30 of the scholarship amount the student is entitled to shall be distributed31 in each semester of full-time attendance until the total scholarship is ex-32 pended or expires.33 (3) In order to be eligible for a full postsecondary credit scholarship34 set forth in subsection (1) of this section:35 (a) The student must be awarded a postsecondary merit-based matching36 scholarship in an amount at least equal to the postsecondary credit37 scholarship amount awarded in the same school year, provided that the38 matching funds for each scholarship must come from a business or indus-39 try, or entities representing business or industry, and may not be from40 appropriated or nonappropriated funds of the postsecondary institution41 or from a foundation affiliated with the postsecondary institution,42 2 unless the funds were donated to the postsecondary institution specifi-1 cally as a match for the postsecondary credit scholarship program;2 (b) The student must have graduated from an accredited high school in3 Idaho, or its equivalent; and4 (c) Except for the first semester in which the postsecondary credit5 scholarship amount is distributed, in order to receive the scholarship6 distribution in a given semester, the student must have successfully7 passed earned at least twelve (12) credits during the immediately pre-8 ceding semester in which the scholarship was distributed.9 (4) Eligible students will be awarded the postsecondary credit schol-10 arship based on grade point average rank subject to annual legislative ap-11 propriation.12 (5) A student shall use the postsecondary credit scholarship within13 four (4) years of his or her high school graduation date, at which time the14 scholarship shall expire and may no longer be used.15 (6) A student is entitled to only one (1) of the postsecondary credit16 scholarships amounts set forth in subsection (1) of this section.17 (7) If a student has been awarded scholarships that pay for one hun-18 dred percent (100%) of the cost of tuition and fees, then part or all of the19 remaining postsecondary credit scholarship moneys may be used for room and20 board at the discretion of the eligible institution where the student will21 attend.22 (8) This section shall be funded from the advanced opportunities23 program within the educational support program. The state department of24 education shall pass through to the office of the state board of education25 the necessary amount for distribution not to exceed one million dollars26 ($1,000,000) in fiscal year 2017, and not to exceed two million dollars27 ($2,000,000) in fiscal year 2018, and every fiscal year thereafter.28 (9) No later than January 15 of each year, the state board of education29 shall report to the senate and the house of representatives education com-30 mittees the number of scholarships awarded pursuant to this section during31 the previous school year. The report shall i
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