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HB1648I-HIGHER EDUCATION FUNDING
Summary of the Introduced Bill

HB 1648 -- Higher Education Funding

Sponsor:  Luetkenhaus

This bill requires that any increase in appropriations for higher
education institutions be based only on the institution's
enrollment and adjustments for inflation.  Any increases in
appropriations, except for inflation adjustments, will be
dependent upon full funding for the A+ schools program and the
"Challenge Scholarship," which the bill creates.  Challenge
scholarships will begin in calendar year 2003.  The bill defines
which institutions may participate and sets criteria for student
eligibility.  Among other criteria, eligible students must be
Missouri residents who are enrolled and making satisfactory
academic progress, but who have not completed 60 credit hours.
Students who receive A+ scholarships are not eligible for a
challenge scholarship.  The Coordinating Board for Higher
Education will establish a payment procedure to eligible
institutions for the cost of tuition, books, and fees for these
students.

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Last Updated October 11, 2002 at 9:02 am