2005 WISCONSIN ACT 367
An Act to amend 39.435 (3) of the statutes; relating to: the maximum amount of a Wisconsin higher education grant.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
367,1
Section
1. 39.435 (3) of the statutes is amended to read:
39.435 (3) Grants under sub. (1) shall not be less than $250 during any one academic year, unless the joint committee on finance approves an adjustment in the amount of the minimum grant. Grants under sub. (1) shall not exceed $2,500 $3,000 during any one academic year. The board shall, by rule, establish a reporting system to periodically provide student economic data and shall promulgate other rules the board deems necessary to assure uniform administration of the program.
367,2
Section
2.
Initial applicability.
(1) Wisconsin higher education grants. The treatment of section 39.435 (3) of the statutes first applies to Wisconsin higher education grants awarded by the Higher Educational Aids Board for the 2006-07 academic year.