AB150-ASA,648,65
39.32
(3) (intro.) The
board department may make and authorize loans to be
6made to students if:
AB150-ASA,648,108
39.32
(3) (b) The student's eligibility for a loan is certified to the
board 9department by the institution of higher education in which the student is enrolled
10or has been accepted for enrollment.
AB150-ASA,648,1412
39.32
(3) (g) The student is not in default on any previous loan or the
board 13department has determined that the student has made satisfactory arrangements
14to repay the defaulted loan.
AB150-ASA,648,1816
39.32
(5) The
board department may collect any loans made or authorized to
17be made by the
board department pursuant to this section or made prior to July 1,
181966, under s. 49.42, 1963 stats.
AB150-ASA,649,420
39.32
(6) The
board department shall satisfy the loan of any student who
21obtained a loan under this section or s. 39.023, 1965 stats., between July 1, 1966, and
22December 15, 1968, where such student died or dies after July 1, 1966, and before
23completing repayment thereof, and shall write off the balance of principal and
24interest owing on the loan on the date it received confirmation of such student's
25death. Obligation to repay such a loan shall terminate on the date of the student's
1death and any payments made thereon to the
board department after such date shall
2be refunded to the payor or the payor's heirs, executor or administrator from the
3appropriation in s. 20.235 (2) (ba) upon receipt by the
board department of an
4application for refund.
AB150-ASA,649,106
39.32
(7) The
board department may write off defaulted student loans made
7pursuant to this section or made prior to July 1, 1966, under s. 49.42, 1963 stats.,
8from moneys other than advances from the investment board originally
9appropriated for student loans, and from moneys other than moneys resulting from
10assignment, sale or conveyance of student loans.
AB150-ASA,649,1512
39.32
(8) The
board department may use up to $150,000 annually of student
13revenue bond proceeds for the purpose of consolidating loans for needy students who
14have a state direct loan and one or more federally guaranteed student loans from one
15or more private lenders.
AB150-ASA,649,2317
39.32
(10) (a) The
board department may enter into contractual agreements
18with lenders in this state and lenders in other states which grant loans to residents
19of this state, and with institutions and agencies wherein the
board department may
20provide and furnish to such lenders, institutions and agencies administrative
21services related to the operation of any programs involving the granting of loans to
22students including but not limited to any and all services and functions related to the
23granting, administering and collecting of any loans made to students.
AB150-ASA,650,724
(b) The
board department shall have all powers as are reasonably appropriate
25to the provision of such services and the performance of such contracts and may
1include charges or fees to be paid by the lenders, institutions and agencies to the
2board department for the provision of such administrative services or any services
3or activities related to the collection of any student loans for which the
board 4department may become responsible by operation of law or by contractual
5agreements under this paragraph, but such charges or fees, before being instituted
6by the
board department, shall be approved by the secretary of
the department of 7administration.
AB150-ASA,650,169
39.32
(11) (a) In lieu of the procedure under ch. 812, the
board department, on
10behalf of the corporation under s. 39.33, or the corporation, on its own behalf, may
11certify the department of administration to deduct money from a state employe's
12earnings. The
board department shall specify an amount, not to exceed 25% of the
13employe's disposable earnings, as defined in s. 812.30 (6), to be deducted on a
14continuing basis until the amount certified by the
board department or corporation
15has been paid. The department of administration shall remit moneys deducted to
16the
board department or the corporation.
AB150-ASA,650,2517
(b) The procedure in this section may be used only if the amount owed to the
18board department or corporation is reduced to a judgment. At least 30 days prior to
19certification, the
board department or corporation shall notify the debtor under s.
20879.05 (2) or (3) of the intent to certify the debt to the department of administration
21and of the debtor's right to a contested case hearing before the
board department 22under s. 227.42. If the debtor requests a hearing within 20 days after receiving
23notice, the
board department shall notify the department of administration which
24shall not make deductions under par. (a) until a decision is reached under s. 227.47
25or the case is otherwise concluded.
AB150-ASA,651,2
1(c) The department of administration shall prescribe the manner and form for
2certification of debts by the
board department or corporation under this subsection.
AB150-ASA,651,9
439.325 Wisconsin health education loan program. (1) There is
5established, to be administered by the
board department, a Wisconsin health
6education loan program under P.L.
94-484, on July 29, 1979, in order to provide
7financial aid to medical and dentistry students enrolled in the university of
8Wisconsin medical school, the medical college of Wisconsin or Marquette university
9school of dentistry.
AB150-ASA,651,19
10(2) The
board department shall lend to students who qualify under sub. (1) any
11moneys appropriated or authorized through the issuance of revenue obligations. The
12board department shall require a student borrowing moneys under this section to
13pay interest while in medical or dental school and during his or her residency
14training at the rate of at least 3% per year on the sum of the principal amount of the
15student's obligation and the accumulated interest, unless federal law provides
16otherwise as a condition of guaranteeing the loan. Principal and interest payable on
17maturing revenue obligations shall, when necessary, be paid from funded reserves,
18authorized under subch. II of ch. 18, or from moneys made available under
chapter
1920, laws of 1981, section
2022 (1).
AB150-ASA,651,24
20(3) The
board department shall promulgate rules and establish standards and
21methods of determining the amounts of loans, rates of interest and other
22administrative procedures consistent with P.L.
94-484, on July 29, 1979. The rates
23of interest shall be set as low as possible, but shall remain sufficient to cover all costs
24of the program under this section.
AB150-ASA,652,5
139.33 Guaranteed student loan program. (1) The
board department may
2organize and maintain a nonstock corporation under ch. 181 to provide for a
3guaranteed student loan program in this state under P.L.
89-287 and P.L.
89-329 4as may from time to time be amended. The
board department may make use of and
5pay for the use of the facilities and services of such corporation.
AB150-ASA,652,11
6(2) The
board department may provide administrative services for the
7nonstock corporation with which the
board department has entered into a
8contractual agreement for purposes of providing for a guaranteed student loan
9program in this state. Services provided under this section shall be in accordance
10with the decision of the
board department as to the type and scope of services
11requested and the civil service range of any employe assigned to them.
AB150-ASA,652,15
12(3) The
board department or the legislature or any person delegated by the
13legislature may inspect and examine or cause an inspection and examination of all
14records relating to all programs that are, or are to be, administered under
15contractual agreement between the
board department and the corporation.
AB150-ASA,652,19
1739.34 Medical student loan program. Notwithstanding s. 39.34, 1991
18stats., the
board department shall terminate on August 12, 1993, any obligation to
19repay a loan awarded under this section.
AB150-ASA,652,24
2139.35 Repayment of scholarships for teachers in educationally
22disadvantaged areas. Notwithstanding s. 39.35, 1969 stats., and s. 39.35, 1991
23stats., the
board department shall terminate on August 12, 1993, any obligation to
24repay a student aid award made under this section.
AB150-ASA,653,4
139.36 Repayment of stipends for teachers of the handicapped. 2Notwithstanding s. 39.36, 1969 stats., s. 39.37 (3) (b), 1969 stats., and s. 39.36, 1991
3stats., the
board department shall terminate on August 12, 1993, any obligation to
4repay a stipend awarded under this section.
AB150-ASA,653,126
39.37
(2) There is created a separate nonlapsible trust fund designated the
7student loan repayment fund consisting of all revenues received in repayment of
8student loans funded under this section, and any other revenues dedicated to it by
9the
board department. The
board department may pledge revenues received or to
10be received by the fund to secure revenue obligations issued under this section, and
11shall have all other powers necessary and convenient to distribute the proceeds of
12the revenue obligations and loan repayments in accordance with subch. II of ch. 18.
AB150-ASA,653,1814
39.37
(3) All student loans funded with revenue obligations issued under this
15section shall be fully guaranteed as to repayment of principal and interest from
16among a nonstock corporation organized under s. 39.33 (1), the United States, its
17agencies or instrumentalities. The
board department may enter into agreements
18necessary to affect this guaranty.
AB150-ASA,654,220
39.374
(2) There is created a separate nonlapsible trust fund designated the
21Wisconsin health education loan repayment fund consisting of all revenues received
22in repayment of loans funded under this section or loans financed from moneys made
23available under
chapter 20, laws of 1981, section
2022 (1). The
board department 24may pledge revenues received or to be received by the fund to secure revenue
25obligations issued under this section, and shall have all other powers necessary and
1convenient to distribute the proceeds of the revenue obligations and loan repayments
2in accordance with subch. II of ch. 18.
AB150-ASA,654,74
39.374
(3) All loans funded with revenue obligations issued under this section
5shall be fully guaranteed as to repayment of principal and interest by the United
6States, its agencies or instrumentalities. The
board
department may enter into
7agreements necessary to effect this guaranty.
AB150-ASA,654,119
39.38
(1) There is established, to be administered by the
board department, a
10grant program to assist those Indian students who are residents of this state to
11receive a higher education.
AB150-ASA,655,213
39.38
(2) Grants under this section shall be based on financial need, as
14determined by the board. The maximum grant shall not exceed $2,200 per year
, of
15which not more than $1,100 may be from the appropriation under s. 20.235 (1) (fb).
16State aid from this appropriation may be matched by a contribution from a federally
17recognized American Indian tribe or band that is deposited in the general fund and
18credited to the appropriation account under s. 20.235 (1) (gm). Grants shall be
19awarded to students for full-time or part-time attendance at any accredited
20institution of higher education in this state. The board may not make a grant under
21this section to a student if it receives a certification under s. 46.255 (7) that the
22student is delinquent in child support or maintenance payments. Grants shall be
23renewable for up to 5 years if a recipient remains in good academic standing at the
24institution he or she is attending. The American Indian language and culture
1education board shall advise the board on the allocation of grants to students
2enrolled less than half-time.
AB150-ASA, s. 1887g
3Section 1887g. 39.38 (2) of the statutes, as affected by 1995 Wisconsin Act ....
4(this act), is repealed and recreated to read:
AB150-ASA,655,185
39.38
(2) Grants under this section shall be based on financial need, as
6determined by the department. The maximum grant shall not exceed $2,200 per
7year, of which not more than $1,100 may be from the appropriation under s. 20.235
8(1) (fb). State aid from this appropriation may be matched by a contribution from a
9federally recognized American Indian tribe or band that is deposited in the general
10fund and credited to the appropriation account under s. 20.235 (1) (gm). Grants shall
11be awarded to students for full-time or part-time attendance at any accredited
12institution of higher education in this state. The department may not make a grant
13under this section to a student if the department receives a certification under s.
1449.855 (7) that the student is delinquent in child support or maintenance payments.
15Grants shall be renewable for up to 5 years if a recipient remains in good academic
16standing at the institution that he or she is attending. The American Indian
17language and culture education board shall advise the department on the allocation
18of grants to students enrolled less than half-time.
AB150-ASA, s. 1888
19Section
1888. 39.39 (1) (a) (intro.) of the statutes is amended to read:
AB150-ASA,655,2220
39.39
(1) (a) (intro.) There is established, to be administered by the
board 21department, a stipend loan program for resident students, including registered
22nurses, who are:
AB150-ASA,655,2424
39.39
(2) (intro.) The
board department shall:
AB150-ASA,656,5
139.39
(2) (b) Promulgate rules to administer this section, including rules
2establishing loan amounts and the criteria and procedures for loan forgiveness and
3for selecting loan recipients. Loan recipients shall be selected on the basis of
4financial need, as determined by the
board department, using the needs analysis
5methodology used under s. 39.435.
AB150-ASA,656,87
39.39
(4) The board may not make any original stipend loans under this section
8after the effective date of this subsection .... [revisor inserts date].
AB150-ASA, s. 1892
9Section
1892. 39.39 (4) of the statutes, as created by 1995 Wisconsin Act ....
10(this act), is repealed and recreated to read:
AB150-ASA,656,1211
39.39
(4) The department may not make any original stipend loans under this
12section.
AB150-ASA,656,1514
39.40
(2) (intro.) The
board department shall establish a loan program for
15minority students who meet all of the following requirements:
AB150-ASA,656,1917
39.40
(2) (a) Are registered as juniors or seniors, or hold a bachelor's degree and
18are registered as special students,
in the University of Wisconsin System or in an
19accredited, private institution of higher education located in this state.
AB150-ASA,656,2121
39.40
(2) (c) Meet academic criteria specified by the
board department.
AB150-ASA,657,223
39.40
(2m) Loans under sub. (2) shall be awarded to students registered at an
24eligible institution of higher education on the basis of the institution's participation
25in the loan program under this section or s. 36.25 (16), 1993 stats., and the number
1of its students eligible for such loans. Loans awarded to recipients shall be disbursed
2directly to the eligible institutions of higher education.
AB150-ASA,657,74
39.40
(3) Loans under sub. (2) shall be made from the appropriation under s.
520.235 (1) (cr). The
board department shall forgive 25% of the loan and 25% of the
6interest on the loan for each school year the recipient teaches in a school district
7described under sub. (2) (d).
AB150-ASA,657,119
39.40
(4) The
board department shall deposit in the general fund as general
10purpose revenue-earned all repayments of loans made under sub. (2) and the
11interest on the loans.
AB150-ASA,657,1513
39.40
(5) The department shall administer the repayment and forgiveness of
14loans made under s. 36.25 (16), 1993 stats. The department shall treat such loans
15as if they had been made under sub. (2).
AB150-ASA,657,1818
39.41
(1) (bg) "Secretary" means the secretary of education.
AB150-ASA,657,2420
39.41
(1m) (b) By February 15 of each school year, the school board of each
21school district operating one or more high schools and the governing body of each
22private high school may, for each high school with an enrollment of less than 80
23pupils, nominate the senior with the highest grade point average in all subjects who
24may be designated as a scholar by the
executive secretary under par. (c) 3.
AB150-ASA, s. 1903
25Section
1903. 39.41 (1m) (c) (intro.) of the statutes is amended to read:
AB150-ASA,658,1
139.41
(1m) (c) (intro.) The
executive secretary shall:
AB150-ASA,658,73
39.41
(1m) (c) 5. For each public or private high school with an enrollment of
4less than 80 pupils, notify the school board of the school district operating the public
5high school or the governing body of the private high school that the school board or
6governing body may nominate a senior under par. (b) who may be designated as a
7scholar by the
executive secretary.
AB150-ASA,658,99
39.41
(1m) (cm) The
executive secretary may grant waivers under par. (m).
AB150-ASA,658,2211
39.41
(1m) (d) By February 15 of each school year, if 2 or more seniors from the
12same high school of at least 80 pupils have the same grade point average and, except
13for the limitation on the number of designated scholars, are otherwise eligible for
14designation under par. (a), the faculty of the high school shall select the applicable
15number of seniors for designation under par. (a) as scholars and shall certify, in order
16of priority, any remaining seniors as alternates for a scholar with the same grade
17point average. If a senior from that high school designated as a scholar under par.
18(a) does not qualify for a higher education scholarship under sub. (2) (a) or (3) (a), an
19alternate for the scholar with the same grade point average as any senior from that
20high school designated as a scholar under par. (a) shall be eligible for a higher
21education scholarship as a scholar under sub. (2) (a) or (3) (a) until the scholarship
22may be awarded by the
board department.
AB150-ASA,659,1224
39.41
(1m) (e) If 2 or more seniors from the same high school of less than 80
25pupils have the same grade point average and, except for the limitation of one
1nominated senior, are otherwise eligible for nomination under par. (b), the faculty of
2the high school shall select the senior who may be nominated by the school board of
3the school district operating the public high school or the governing body of the
4private high school for designation under par. (b) as a scholar by the
executive 5secretary. If that senior is designated as a scholar by the
executive secretary and does
6not qualify for a higher education scholarship under sub. (2) (a) or (3) (a), faculty of
7the high school shall select one or more of the remaining seniors with the same grade
8point average for certification as a scholar and the school board of the school district
9operating the high school or the governing body of the private high school shall
10certify to the
board department one or more of these seniors as eligible for a higher
11education scholarship as a scholar under sub. (2) (a) or (3) (a) until the scholarship
12may be awarded by the
board department.