AB150,762,21 16(2) The board department shall establish plans to be administered by the board
17department for participation by this state under any federal acts relating to higher
18education and submit them to the U.S. commissioner of education for the
19commissioner's approval. The board department may utilize such criteria for
20determination of priorities, participation or purpose as are delineated in the federal
21acts.
AB150, s. 1857 22Section 1857. 39.28 (3) of the statutes is repealed.
AB150, s. 1858 23Section 1858. 39.28 (4) of the statutes is amended to read:
AB150,762,2524 39.28 (4) The board department may assign, sell, convey or repurchase student
25loans made under s. 39.32 subject to prior approval by the joint committee on finance.
AB150, s. 1859
1Section 1859. 39.28 (5) of the statutes is repealed.
AB150, s. 1860 2Section 1860. 39.29 of the statutes is repealed.
AB150, s. 1861 3Section 1861. 39.30 (2) (e) of the statutes is amended to read:
AB150,763,64 39.30 (2) (e) The board department may not make a grant to a student if it the
5department
receives a certification under s. 46.255 (7) that the student is delinquent
6in child support or maintenance payments.
AB150, s. 1862 7Section 1862. 39.30 (3) (e) of the statutes is amended to read:
AB150,763,108 39.30 (3) (e) The board department shall establish criteria for the treatment
9of financially independent students which are consistent with procedures in pars. (a)
10to (d).
AB150, s. 1863 11Section 1863. 39.30 (3) (f) of the statutes is amended to read:
AB150,763,1512 39.30 (3) (f) The board department may not make initial awards of grants
13under this section for an academic year in an amount that exceeds 122% of the
14amount appropriated under s. 20.235 (1) (b) for the fiscal year in which the grant may
15be paid.
AB150, s. 1864 16Section 1864. 39.30 (4) of the statutes is amended to read:
AB150,763,2017 39.30 (4) Forms. The board department shall prescribe, furnish and make
18available, at locations in the state convenient to the public, application forms for
19grants under this section. Upon request, it the department shall advise and assist
20applicants in making out such forms.
AB150, s. 1865 21Section 1865. 39.31 (intro.) of the statutes is amended to read:
AB150,763,25 2239.31Determination of student costs. (intro.) In determining a student's
23total cost of attending a postsecondary institution for the purpose of calculating the
24amount of a grant under s. 39.30, 39.38, 39.435 or 39.44 the board department shall
25include the following:
AB150, s. 1866
1Section 1866. 39.31 (2) of the statutes is amended to read:
AB150,764,22 39.31 (2) Miscellaneous expenses, as determined by the board department.
AB150, s. 1867 3Section 1867. 39.31 (3) of the statutes is amended to read:
AB150,764,44 39.31 (3) The cost of child care, as determined by the board department.
AB150, s. 1868 5Section 1868. 39.32 (2) (intro.) of the statutes is amended to read:
AB150,764,66 39.32 (2) (intro.) The board department shall:
AB150, s. 1869 7Section 1869. 39.32 (3) (intro.) of the statutes is amended to read:
AB150,764,98 39.32 (3) (intro.) The board department may make and authorize loans to be
9made to students if:
AB150, s. 1870 10Section 1870. 39.32 (3) (b) of the statutes is amended to read:
AB150,764,1311 39.32 (3) (b) The student's eligibility for a loan is certified to the board
12department by the institution of higher education in which the student is enrolled
13or has been accepted for enrollment.
AB150, s. 1871 14Section 1871. 39.32 (3) (g) of the statutes is amended to read:
AB150,764,1715 39.32 (3) (g) The student is not in default on any previous loan or the board
16department has determined that the student has made satisfactory arrangements
17to repay the defaulted loan.
AB150, s. 1872 18Section 1872. 39.32 (5) of the statutes is amended to read:
AB150,764,2119 39.32 (5) The board department may collect any loans made or authorized to
20be made by the board department pursuant to this section or made prior to July 1,
211966, under s. 49.42, 1963 stats.
AB150, s. 1873 22Section 1873. 39.32 (6) of the statutes is amended to read:
AB150,765,723 39.32 (6) The board department shall satisfy the loan of any student who
24obtained a loan under this section or s. 39.023, 1965 stats., between July 1, 1966, and
25December 15, 1968, where such student died or dies after July 1, 1966, and before

1completing repayment thereof, and shall write off the balance of principal and
2interest owing on the loan on the date it received confirmation of such student's
3death. Obligation to repay such a loan shall terminate on the date of the student's
4death and any payments made thereon to the board department after such date shall
5be refunded to the payor or the payor's heirs, executor or administrator from the
6appropriation in s. 20.235 (2) (ba) upon receipt by the board department of an
7application for refund.
AB150, s. 1874 8Section 1874. 39.32 (7) of the statutes is amended to read:
AB150,765,139 39.32 (7) The board department may write off defaulted student loans made
10pursuant to this section or made prior to July 1, 1966, under s. 49.42, 1963 stats.,
11from moneys other than advances from the investment board originally
12appropriated for student loans, and from moneys other than moneys resulting from
13assignment, sale or conveyance of student loans.
AB150, s. 1875 14Section 1875. 39.32 (8) of the statutes is amended to read:
AB150,765,1815 39.32 (8) The board department may use up to $150,000 annually of student
16revenue bond proceeds for the purpose of consolidating loans for needy students who
17have a state direct loan and one or more federally guaranteed student loans from one
18or more private lenders.
AB150, s. 1876 19Section 1876. 39.32 (10) of the statutes is amended to read:
AB150,766,220 39.32 (10) (a) The board department may enter into contractual agreements
21with lenders in this state and lenders in other states which grant loans to residents
22of this state, and with institutions and agencies wherein the board department may
23provide and furnish to such lenders, institutions and agencies administrative
24services related to the operation of any programs involving the granting of loans to

1students including but not limited to any and all services and functions related to the
2granting, administering and collecting of any loans made to students.
AB150,766,113 (b) The board department shall have all powers as are reasonably appropriate
4to the provision of such services and the performance of such contracts and may
5include charges or fees to be paid by the lenders, institutions and agencies to the
6board department for the provision of such administrative services or any services
7or activities related to the collection of any student loans for which the board
8department may become responsible by operation of law or by contractual
9agreements under this paragraph, but such charges or fees, before being instituted
10by the board department, shall be approved by the secretary of the department of
11administration.
AB150, s. 1877 12Section 1877. 39.32 (11) of the statutes is amended to read:
AB150,766,2013 39.32 (11) (a) In lieu of the procedure under ch. 812, the board department, on
14behalf of the corporation under s. 39.33, or the corporation, on its own behalf, may
15certify the department of administration to deduct money from a state employe's
16earnings. The board department shall specify an amount, not to exceed 25% of the
17employe's disposable earnings, as defined in s. 812.30 (6), to be deducted on a
18continuing basis until the amount certified by the board department or corporation
19has been paid. The department of administration shall remit moneys deducted to
20the board department or the corporation.
AB150,767,421 (b) The procedure in this section may be used only if the amount owed to the
22board department or corporation is reduced to a judgment. At least 30 days prior to
23certification, the board department or corporation shall notify the debtor under s.
24879.05 (2) or (3) of the intent to certify the debt to the department of administration
25and of the debtor's right to a contested case hearing before the board department

1under s. 227.42. If the debtor requests a hearing within 20 days after receiving
2notice, the board department shall notify the department of administration which
3shall not make deductions under par. (a) until a decision is reached under s. 227.47
4or the case is otherwise concluded.
AB150,767,65 (c) The department of administration shall prescribe the manner and form for
6certification of debts by the board department or corporation under this subsection.
AB150, s. 1878 7Section 1878. 39.325 of the statutes is amended to read:
AB150,767,13 839.325 Wisconsin health education loan program. (1) There is
9established, to be administered by the board department, a Wisconsin health
10education loan program under P.L. 94-484, on July 29, 1979, in order to provide
11financial aid to medical and dentistry students enrolled in the university of
12Wisconsin medical school, the medical college of Wisconsin or Marquette university
13school of dentistry.
AB150,767,23 14(2) The board department shall lend to students who qualify under sub. (1) any
15moneys appropriated or authorized through the issuance of revenue obligations. The
16board department shall require a student borrowing moneys under this section to
17pay interest while in medical or dental school and during his or her residency
18training at the rate of at least 3% per year on the sum of the principal amount of the
19student's obligation and the accumulated interest, unless federal law provides
20otherwise as a condition of guaranteeing the loan. Principal and interest payable on
21maturing revenue obligations shall, when necessary, be paid from funded reserves,
22authorized under subch. II of ch. 18, or from moneys made available under chapter
2320, laws of 1981
, section 2022 (1).
AB150,768,3 24(3) The board department shall promulgate rules and establish standards and
25methods of determining the amounts of loans, rates of interest and other

1administrative procedures consistent with P.L. 94-484, on July 29, 1979. The rates
2of interest shall be set as low as possible, but shall remain sufficient to cover all costs
3of the program under this section.
AB150, s. 1879 4Section 1879. 39.33 of the statutes is amended to read:
AB150,768,9 539.33 Guaranteed student loan program. (1) The board department may
6organize and maintain a nonstock corporation under ch. 181 to provide for a
7guaranteed student loan program in this state under P.L. 89-287 and P.L. 89-329
8as may from time to time be amended. The board department may make use of and
9pay for the use of the facilities and services of such corporation.
AB150,768,15 10(2) The board department may provide administrative services for the
11nonstock corporation with which the board department has entered into a
12contractual agreement for purposes of providing for a guaranteed student loan
13program in this state. Services provided under this section shall be in accordance
14with the decision of the board department as to the type and scope of services
15requested and the civil service range of any employe assigned to them.
AB150,768,19 16(3) The board department or the legislature or any person delegated by the
17legislature may inspect and examine or cause an inspection and examination of all
18records relating to all programs that are, or are to be, administered under
19contractual agreement between the board department and the corporation.
AB150, s. 1880 20Section 1880. 39.34 of the statutes is amended to read:
AB150,768,23 2139.34 Medical student loan program. Notwithstanding s. 39.34, 1991
22stats., the board department shall terminate on August 12, 1993, any obligation to
23repay a loan awarded under this section.
AB150, s. 1881 24Section 1881. 39.35 of the statutes is amended to read:
AB150,769,4
139.35 Repayment of scholarships for teachers in educationally
2disadvantaged areas.
Notwithstanding s. 39.35, 1969 stats., and s. 39.35, 1991
3stats., the board department shall terminate on August 12, 1993, any obligation to
4repay a student aid award made under this section.
AB150, s. 1882 5Section 1882. 39.36 of the statutes is amended to read:
AB150,769,9 639.36 Repayment of stipends for teachers of the handicapped.
7Notwithstanding s. 39.36, 1969 stats., s. 39.37 (3) (b), 1969 stats., and s. 39.36, 1991
8stats., the board department shall terminate on August 12, 1993, any obligation to
9repay a stipend awarded under this section.
AB150, s. 1883 10Section 1883. 39.37 (2) of the statutes is amended to read:
AB150,769,1711 39.37 (2) There is created a separate nonlapsible trust fund designated the
12student loan repayment fund consisting of all revenues received in repayment of
13student loans funded under this section, and any other revenues dedicated to it by
14the board department. The board department may pledge revenues received or to
15be received by the fund to secure revenue obligations issued under this section, and
16shall have all other powers necessary and convenient to distribute the proceeds of
17the revenue obligations and loan repayments in accordance with subch. II of ch. 18.
AB150, s. 1884 18Section 1884. 39.37 (3) of the statutes is amended to read:
AB150,769,2319 39.37 (3) All student loans funded with revenue obligations issued under this
20section shall be fully guaranteed as to repayment of principal and interest from
21among a nonstock corporation organized under s. 39.33 (1), the United States, its
22agencies or instrumentalities. The board department may enter into agreements
23necessary to affect this guaranty.
AB150, s. 1885 24Section 1885. 39.374 (2) of the statutes is amended to read:
AB150,770,8
139.374 (2) There is created a separate nonlapsible trust fund designated the
2Wisconsin health education loan repayment fund consisting of all revenues received
3in repayment of loans funded under this section or loans financed from moneys made
4available under chapter 20, laws of 1981, section 2022 (1). The board department
5may pledge revenues received or to be received by the fund to secure revenue
6obligations issued under this section, and shall have all other powers necessary and
7convenient to distribute the proceeds of the revenue obligations and loan repayments
8in accordance with subch. II of ch. 18.
AB150, s. 1886 9Section 1886. 39.374 (3) of the statutes is amended to read:
AB150,770,1310 39.374 (3) All loans funded with revenue obligations issued under this section
11shall be fully guaranteed as to repayment of principal and interest by the United
12States, its agencies or instrumentalities. The board department may enter into
13agreements necessary to effect this guaranty.
AB150, s. 1887 14Section 1887. 39.38 of the statutes is amended to read:
AB150,770,17 1539.38 Indian student assistance. (1) There is established, to be
16administered by the board department, a grant program to assist those Indian
17students who are residents of this state to receive a higher education.
AB150,771,2 18(2) Grants under this section shall be based on financial need, as determined
19by the board department. The maximum grant shall not exceed $2,200 per year.
20Grants shall be awarded to students for full-time or part-time attendance at any
21accredited institution of higher education in this state. The board department may
22not make a grant under this section to a student if it the department receives a
23certification under s. 46.255 (7) that the student is delinquent in child support or
24maintenance payments. Grants shall be renewable for up to 5 years if a recipient
25remains in good academic standing at the institution he or she is attending. The

1American Indian language and culture education board shall advise the board
2department on the allocation of grants to students enrolled less than half-time.
AB150, s. 1888 3Section 1888. 39.39 (1) (a) (intro.) of the statutes is amended to read:
AB150,771,64 39.39 (1) (a) (intro.) There is established, to be administered by the board
5department, a stipend loan program for resident students, including registered
6nurses, who are:
AB150, s. 1889 7Section 1889. 39.39 (2) (intro.) of the statutes is amended to read:
AB150,771,88 39.39 (2) (intro.) The board department shall:
AB150, s. 1890 9Section 1890. 39.39 (2) (b) of the statutes is amended to read:
AB150,771,1410 39.39 (2) (b) Promulgate rules to administer this section, including rules
11establishing loan amounts and the criteria and procedures for loan forgiveness and
12for selecting loan recipients. Loan recipients shall be selected on the basis of
13financial need, as determined by the board department, using the needs analysis
14methodology used under s. 39.435.
AB150, s. 1891 15Section 1891. 39.39 (4) of the statutes is created to read:
AB150,771,1716 39.39 (4) The board may not make any original stipend loans under this section
17after the effective date of this subsection .... [revisor inserts date].
AB150, s. 1892 18Section 1892. 39.39 (4) of the statutes, as created by 1995 Wisconsin Act ....
19(this act), is repealed and recreated to read:
AB150,771,2120 39.39 (4) The department may not make any original stipend loans under this
21section.
AB150, s. 1893 22Section 1893. 39.40 (2) (intro.) of the statutes is amended to read:
AB150,771,2423 39.40 (2) (intro.) The board department shall establish a loan program for
24minority students who meet all of the following requirements:
AB150, s. 1894 25Section 1894. 39.40 (2) (c) of the statutes is amended to read:
AB150,772,1
139.40 (2) (c) Meet academic criteria specified by the board department.
AB150, s. 1895 2Section 1895. 39.40 (3) of the statutes is amended to read:
AB150,772,63 39.40 (3) Loans under sub. (2) shall be made from the appropriation under s.
420.235 (1) (cr). The board department shall forgive 25% of the loan and 25% of the
5interest on the loan for each school year the recipient teaches in a school district
6described under sub. (2) (d).
AB150, s. 1896 7Section 1896. 39.40 (4) of the statutes is amended to read:
AB150,772,108 39.40 (4) The board department shall deposit in the general fund as general
9purpose revenue-earned all repayments of loans made under sub. (2) and the
10interest on the loans.
AB150, s. 1897 11Section 1897. 39.40 (5) of the statutes is created to read:
AB150,772,1312 39.40 (5) The board may not make any original loans under this section after
13the effective date of this subsection .... [revisor inserts date].
AB150, s. 1898 14Section 1898. 39.40 (5) of the statutes, as created by 1995 Wisconsin Act ....
15(this act), is repealed and recreated to read:
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