AB100-ASA1,575,1211
SUBCHAPTER III
12
HIGHER EDUCATIONAL AIDS
BOARD
AB100-ASA1,575,15
1439.26 Definition. In this subchapter,
"department" "board" means the
15department of education higher educational aids board.
AB100-ASA1,575,2217
39.28
(1) The
department board shall administer the programs under this
18subchapter and may promulgate such rules as are necessary to carry out its
19functions. The
department board may accept and use any funds which it receives
20from participating institutions, lenders or agencies. The
department board may
21enter into such contracts as are necessary to carry out its functions under this
22subchapter.
AB100-ASA1,576,424
39.28
(2) The
department board shall establish plans to be administered by the
25department board for participation by this state under any federal acts relating to
1higher education and submit them to the U.S.
commissioner secretary of education
2for the
commissioner's secretary's approval. The
department board may utilize such
3criteria for determination of priorities, participation or purpose as are delineated in
4the federal acts.
AB100-ASA1,576,86
39.28
(3) (a) In its biennial report under s. 15.04 (1) (d), the board also shall
7include recommendations for improvement of the state's student financial aid
8programs.
AB100-ASA1,576,129
(b) On January 1 and July 1, the board shall report to the joint committee on
10finance and the joint legislative audit committee on the board's loan collection
11activities and efforts to develop collection policies to improve program performance
12through changes in data processing and program review.
AB100-ASA1,576,1514
39.28
(4) The
department board may assign, sell, convey or repurchase student
15loans made under s. 39.32 subject to prior approval by the joint committee on finance.
AB100-ASA1,576,21
1739.285 (title)
Education commission Board review of proposed
18formulae. (1) By May 1,
1996
1998, and annually thereafter, the
education
19commission board shall approve, modify or disapprove any proposed formula for the
20awarding of grants for the upcoming academic year submitted under sub. (2) or s.
2136.11 (6) (c) or 38.04 (7m).
AB100-ASA1,577,2
22(2) By April 10,
1996 1998, and annually thereafter, the Wisconsin Association
23of Independent Colleges and Universities shall develop and submit to the
education
24commission board for its review under sub. (1) a proposed formula for the awarding
1of grants under s. 39.30 for the upcoming academic year to students enrolled at
2private institutions of higher education.
AB100-ASA1,577,5
439.29 Executive secretary. An executive secretary shall be appointed by the
5governor to serve at his or her pleasure.
AB100-ASA1,577,107
39.30
(2) (e) The
department board may not make a grant to a student if the
8department board receives a certification under s. 49.855 (7) that the student is
9delinquent in child support or maintenance payments or owes past support, medical
10expenses or birth expenses.
AB100-ASA1,577,1412
39.30
(2) (f) No grants may be awarded under this section unless the applicable
13formula submitted under s. 39.285 (2) is approved or modified by the
education
14commission board under s. 39.285 (1).
AB100-ASA1,577,1816
39.30
(3) (e) The
department board shall establish criteria for the treatment
17of financially independent students which are consistent with procedures in pars. (a)
18to (d).
AB100-ASA1,577,2320
39.30
(3) (f) The
department board may not make initial awards of grants
21under this section for an academic year in an amount that exceeds 122% of the
22amount appropriated under s. 20.235 (1) (b) for the fiscal year in which the grant may
23be paid.
AB100-ASA1,578,4
139.30
(4) Forms. The
department board shall prescribe, furnish and make
2available, at locations in the state convenient to the public, application forms for
3grants under this section. Upon request, the
department board shall advise and
4assist applicants in making out such forms.
AB100-ASA1,578,9
639.31 Determination of student costs. (intro.) In determining a student's
7total cost of attending a postsecondary institution for the purpose of calculating the
8amount of a grant under s. 39.30, 39.38, 39.435 or 39.44
, the
department board shall
9include the following:
AB100-ASA1,578,1111
39.31
(2) Miscellaneous expenses, as determined by the
department board.
AB100-ASA1,578,1313
39.31
(3) The cost of child care, as determined by the
department board.
AB100-ASA1,578,1515
39.32
(2) (intro.) The
department
board shall:
AB100-ASA1,578,1817
39.32
(3) (intro.) The
department
board may make and authorize loans to be
18made to students if:
AB100-ASA1,578,2220
39.32
(3) (b) The student's eligibility for a loan is certified to the
department 21board by the institution of higher education in which the student is enrolled or has
22been accepted for enrollment.
AB100-ASA1,579,3
139.32
(3) (g) The student is not in default on any previous loan or the
2department board has determined that the student has made satisfactory
3arrangements to repay the defaulted loan.
AB100-ASA1,579,75
39.32
(5) The
department board may collect any loans made or authorized to
6be made by the
department board pursuant to this section or made prior to July 1,
71966, under s. 49.42, 1963 stats.
AB100-ASA1,579,189
39.32
(6) The
department board shall satisfy the loan of any student who
10obtained a loan under this section or s. 39.023, 1965 stats., between July 1, 1966, and
11December 15, 1968, where such student died or dies after July 1, 1966, and before
12completing repayment thereof, and shall write off the balance of principal and
13interest owing on the loan on the date it received confirmation of such student's
14death. Obligation to repay such a loan shall terminate on the date of the student's
15death and any payments made thereon to the
department
board after such date shall
16be refunded to the payor or the payor's heirs, executor or administrator
from the
17appropriation in s. 20.235 (2) (ba) upon receipt by the
department board of an
18application for refund.
AB100-ASA1,579,2420
39.32
(7) The
department board may write off defaulted student loans made
21pursuant to this section or made prior to July 1, 1966, under s. 49.42, 1963 stats.,
22from moneys other than advances from the investment board originally
23appropriated for student loans, and from moneys other than moneys resulting from
24assignment, sale or conveyance of student loans.
AB100-ASA1,580,4
139.32
(8) The
department
board may use up to $150,000 annually of student
2revenue bond proceeds for the purpose of consolidating loans for needy students who
3have a state direct loan and one or more federally guaranteed student loans from one
4or more private lenders.
AB100-ASA1,580,126
39.32
(10) (a) The
department board may enter into contractual agreements
7with lenders in this state and lenders in other states which grant loans to residents
8of this state, and with institutions and agencies wherein the
department board may
9provide and furnish to such lenders, institutions and agencies administrative
10services related to the operation of any programs involving the granting of loans to
11students including but not limited to any and all services and functions related to the
12granting, administering and collecting of any loans made to students.
AB100-ASA1,580,2013
(b) The
department board shall have all powers
as that are reasonably
14appropriate to the provision of such services and the performance of such contracts
15and may include charges or fees to be paid by the lenders, institutions and agencies
16to the
department board for the provision of such administrative services or any
17services or activities related to the collection of any student loans for which the
18department board may become responsible by operation of law or by contractual
19agreements under this paragraph, but such charges or fees, before being instituted
20by the
department board, shall be approved by the secretary of administration.
AB100-ASA1,581,422
39.32
(11) (a) In lieu of the procedure under ch. 812, the
department board, on
23behalf of the corporation under s. 39.33, or the corporation, on its own behalf, may
24certify the department of administration to deduct money from a state employe's
25earnings. The
department board shall specify an amount, not to exceed 25% of the
1employe's disposable earnings, as defined in s. 812.30 (6), to be deducted on a
2continuing basis until the amount certified by the
department board or corporation
3has been paid. The department of administration shall remit moneys deducted to
4the
department board or the corporation.
AB100-ASA1,581,135
(b) The procedure in this section may be used only if the amount owed to the
6department board or corporation is reduced to a judgment. At least 30 days prior to
7certification, the
department board or corporation shall notify the debtor under s.
8879.05 (2) or (3) of the intent to certify the debt to the department of administration
9and of the debtor's right to a contested case hearing before the
department board 10under s. 227.42. If the debtor requests a hearing within 20 days after receiving
11notice, the
department board shall notify the department of administration which
12shall not make deductions under par. (a) until a decision is reached under s. 227.47
13or the case is otherwise concluded.
AB100-ASA1,581,1514
(c) The department of administration shall prescribe the manner and form for
15certification of debts by the
department board or corporation under this subsection.
AB100-ASA1,581,22
1739.325 Wisconsin health education loan program. (1) There is
18established, to be administered by the
department
board, a Wisconsin health
19education loan program under P.L.
94-484, on July 29, 1979, in order to provide
20financial aid to medical and dentistry students enrolled in the university of
21Wisconsin medical school, the medical college of Wisconsin or Marquette university
22school of dentistry.
AB100-ASA1,582,7
23(2) The
department board shall lend to students who qualify under sub. (1) any
24moneys appropriated or authorized through the issuance of revenue obligations. The
25department board shall require a student borrowing moneys under this section to
1pay interest while in medical or dental school and during his or her residency
2training at the rate of at least 3% per year on the sum of the principal amount of the
3student's obligation and the accumulated interest, unless federal law provides
4otherwise as a condition of guaranteeing the loan. Principal and interest payable on
5maturing revenue obligations shall, when necessary, be paid from funded reserves,
6authorized under subch. II of ch. 18, or from moneys made available under
chapter
720, laws of 1981, section
2022 (1).
AB100-ASA1,582,12
8(3) The
department board shall promulgate rules and establish standards and
9methods of determining the amounts of loans, rates of interest and other
10administrative procedures consistent with P.L.
94-484, on July 29, 1979. The rates
11of interest shall be set as low as possible, but shall remain sufficient to cover all costs
12of the program under this section.
AB100-ASA1,582,18
1439.33 Guaranteed student loan program. (1) The
department board may
15organize and maintain a nonstock corporation under ch. 181 to provide for a
16guaranteed student loan program in this state under P.L.
89-287 and P.L.
89-329 17as may from time to time be amended. The
department
board may make use of and
18pay for the use of the facilities and services of such corporation.
AB100-ASA1,582,24
19(2) The
department board may provide administrative services for the
20nonstock corporation with which the
department board has entered into a
21contractual agreement for purposes of providing for a guaranteed student loan
22program in this state. Services provided under this section shall be in accordance
23with the decision of the
department board as to the type and scope of services
24requested and the civil service range of any employe assigned to them.
AB100-ASA1,583,4
1(3) The
department board or the legislature or any person delegated by the
2legislature may inspect and examine or cause an inspection and examination of all
3records relating to all programs that are, or are to be, administered under
4contractual agreement between the
department board and the corporation.
AB100-ASA1,583,8
639.34 Medical student loan program. Notwithstanding s. 39.34, 1991
7stats., the
department board shall terminate on August 12, 1993, any obligation to
8repay a loan awarded under this section.
AB100-ASA1,583,13
1039.35 Repayment of scholarships for teachers in educationally
11disadvantaged areas. Notwithstanding s. 39.35, 1969 stats., and s. 39.35, 1991
12stats., the
department board shall terminate on August 12, 1993, any obligation to
13repay a student aid award made under this section.
AB100-ASA1,583,18
1539.36 Repayment of stipends for teachers of the handicapped. 16Notwithstanding s. 39.36, 1969 stats., s. 39.37 (3) (b), 1969 stats., and s. 39.36, 1991
17stats., the
department board shall terminate on August 12, 1993, any obligation to
18repay a stipend awarded under this section.
AB100-ASA1,584,220
39.37
(2) There is created a separate nonlapsible trust fund designated the
21student loan repayment fund consisting of all revenues received in repayment of
22student loans funded under this section, and any other revenues dedicated to it by
23the
department board. The
department board may pledge revenues received or to
24be received by the fund to secure revenue obligations issued under this section, and
1shall have all other powers necessary and convenient to distribute the proceeds of
2the revenue obligations and loan repayments in accordance with subch. II of ch. 18.
AB100-ASA1,584,84
39.37
(3) All student loans funded with revenue obligations issued under this
5section shall be fully guaranteed as to repayment of principal and interest from
6among a nonstock corporation organized under s. 39.33 (1), the United States, its
7agencies or instrumentalities. The
department board may enter into agreements
8necessary to affect this guaranty.
AB100-ASA1,584,1710
39.374
(2) There is created a separate nonlapsible trust fund designated the
11Wisconsin health education loan repayment fund consisting of all revenues received
12in repayment of loans funded under this section or loans financed from moneys made
13available under
chapter 20, laws of 1981, section
2022 (1). The
department board 14may pledge revenues received or to be received by the fund to secure revenue
15obligations issued under this section, and shall have all other powers necessary and
16convenient to distribute the proceeds of the revenue obligations and loan repayments
17in accordance with subch. II of ch. 18.
AB100-ASA1,584,2219
39.374
(3) All loans funded with revenue obligations issued under this section
20shall be fully guaranteed as to repayment of principal and interest by the United
21States, its agencies or instrumentalities. The
department board may enter into
22agreements necessary to effect this guaranty.
AB100-ASA1,585,3
139.38
(1) There is established, to be administered by the
department board, a
2grant program to assist those Indian students who are residents of this state to
3receive a higher education.
AB100-ASA1,585,205
39.38
(2) Grants under this section shall be based on financial need, as
6determined by the
department board. The maximum grant shall not exceed $2,200
7per year, of which not more than $1,100 may be from the appropriation under s.
820.235 (1) (fb). State aid from this appropriation may be matched by a contribution
9from a federally recognized American Indian tribe or band that is deposited in the
10general fund and credited to the appropriation account under s. 20.235 (1) (gm).
11Grants shall be awarded to students for full-time or part-time attendance at any
12accredited institution of higher education in this state. The
department board may
13not make a grant under this section to a student if the
department board receives a
14certification under s. 49.855 (7) that the student is delinquent in child support or
15maintenance payments or owes past support, medical expenses or birth expenses.
16Grants shall be renewable for up to 5 years if a recipient remains in good academic
17standing at the institution that he or she is attending. The American Indian
18language and culture education board shall advise the
department higher
19educational aids board on the allocation of grants to students enrolled less than
20half-time.
AB100-ASA1, s. 970
21Section
970. 39.39 (1) (a) (intro.) of the statutes is amended to read:
AB100-ASA1,585,2422
39.39
(1) (a) (intro.) There is established, to be administered by the
department 23board, a stipend loan program for resident students, including registered nurses,
24who are:
AB100-ASA1,586,1
139.39
(2) (intro.) The
department board shall:
AB100-ASA1,586,73
39.39
(2) (b) Promulgate rules to administer this section, including rules
4establishing loan amounts and the criteria and procedures for loan forgiveness and
5for selecting loan recipients. Loan recipients shall be selected on the basis of
6financial need, as determined by the
department board, using the needs analysis
7methodology used under s. 39.435.
