LRB-1033/P2
ARG:amn
2023 - 2024 LEGISLATURE
DOA:......Mott, BB0126 - Amend private nonprofit Wisconsin grant calculation
For 2023-2025 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
education
Higher education
Wisconsin grant formula for private nonprofit colleges
This bill modifies the method that HEAB uses to determine the amount of a Wisconsin grant awarded to a student enrolled in a private nonprofit college.
Under current law, HEAB administers the Wisconsin grant program, which provides grants to resident undergraduate students enrolled in various postsecondary institutions in this state. For students enrolled in UW System schools, technical colleges, and tribal colleges, HEAB must award grants based on a formula that accounts for expected parental and student contributions and is consistent with generally accepted definitions and nationally approved needs analysis methodology. For students enrolled in private nonprofit colleges, the amount of the grant that HEAB awards is based on a mathematical calculation specified by statute. All Wisconsin grants are subject to a maximum grant amount.
This bill eliminates the statutory mathematical calculation used to determine the amount of a Wisconsin grant awarded to a student enrolled in a private nonprofit college. The bill replaces this calculation with the same standard used for the award of grants to students enrolled in UW System schools, technical colleges, and tribal colleges.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1. 39.30 (3) of the statutes is repealed and recreated to read:
39.30 (3) Basis of grants. (a) The board shall award grants under this section based on a formula that accounts for a family's expected family contribution, as defined in s. 39.437 (3) (a), and that is consistent with generally accepted definitions and nationally approved needs analysis methodology.
****Note: The treatment of s. 39.30 (3) (a), above, matches the treatment in LRB-1032 (BB0125), which is harmonized with changes in LRB-1041 (BB0122).
(b) The awarding of grants under this section is subject to any formula approved or modified by the board under s. 39.285 (1).
Section 9320.
Initial applicability; Higher Educational Aids Board.
(1) Wisconsin grant calculation for private nonprofit colleges. The treatment of s. 39.30 (3) first applies to grants awarded for the semester or session beginning after the effective date of this subsection.
(End)
