SB786: Private College Enrollment Grant Program Fund; established.

Chief Patron

Sen. Walter Stosch (R-12)

Status

Bill is Dead

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Summary

Private College Enrollment Grant Program.  Creates the Private College Enrollment Grant Program for the purpose of providing higher education grants on a per capita basis to private nonprofit institutions of higher education that agree, in the interest of providing access to higher education for Virginia's burgeoning student population, to enroll Virginia domiciles. The State Council of Higher Education for Virginia is designated as the administering agency of the program and is authorized to solicit or receive unsolicited grant proposals and enter into contracts with private nonprofit institutions of higher education having their main campus in Virginia to provide grants on a per capita basis to such institutions on behalf of enrolled Virginia domiciles. The Council is also authorized to promulgate necessary and appropriate regulations to administer the program, including measures to ensure the reduction of out-of-pocket tuition costs to Virginia's student population.

An enactment clause declares that the provisions of the act shall not become effective unless an appropriation of general funds effectuating the purposes of the act is included in the general appropriations act passed by the 2007 Session, which becomes law.

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