AB100: Bill Text

AB100,605,18 39.28 (3) (a) In its biennial report under s. 15.04 (1) (d), the board also shall include recommendations for improvement of the state's student financial aid programs.

AB100,605,22 (b) On January 1 and July 1, the board shall report to the joint committee on finance and the joint legislative audit committee on the board's loan collection activities and efforts to develop collection policies to improve program performance through changes in data processing and program review.

AB100, s. 1223 Section 1223. 39.28 (4) of the statutes is amended to read:

AB100,605,25 39.28 (4) The department board may assign, sell, convey or repurchase student loans made under s. 39.32 subject to prior approval by the joint committee on finance.

AB100, s. 1224 Section 1224. 39.285 of the statutes is amended to read:

AB100,606,6 39.285 (title) Education commission Board review of proposed formulae. (1) By May 1, 1996 1998, and annually thereafter, the education commission board shall approve, modify or disapprove any proposed formula for the awarding of grants for the upcoming academic year submitted under sub. (2) or s. 36.11 (6) (c) or 38.04 (7m).

AB100,606,11 (2) By April 10, 1996 1998, and annually thereafter, the Wisconsin Association of Independent Colleges and Universities shall develop and submit to the education commission board for its review under sub. (1) a proposed formula for the awarding of grants under s. 39.30 for the upcoming academic year to students enrolled at private institutions of higher education.

AB100, s. 1225 Section 1225. 39.29 of the statutes is created to read:

AB100,606,14 39.29 Executive secretary. An executive secretary shall be appointed by the governor to serve at his or her pleasure.

AB100, s. 1226 Section 1226. 39.30 (2) (e) of the statutes is amended to read:

AB100,606,19 39.30 (2) (e) The department board may not make a grant to a student if the department board receives a certification under s. 49.855 (7) that the student is delinquent in child support or maintenance payments or owes past support, medical expenses or birth expenses.

AB100, s. 1227 Section 1227. 39.30 (2) (f) of the statutes is amended to read:

AB100,606,23 39.30 (2) (f) No grants may be awarded under this section unless the applicable formula submitted under s. 39.285 (2) is approved or modified by the education commission board under s. 39.285 (1).

AB100, s. 1228 Section 1228. 39.30 (3) (e) of the statutes is amended to read:

AB100,607,3 39.30 (3) (e) The department board shall establish criteria for the treatment of financially independent students which are consistent with procedures in pars. (a) to (d).

AB100, s. 1229 Section 1229. 39.30 (3) (f) of the statutes is amended to read:

AB100,607,8 39.30 (3) (f) The department board may not make initial awards of grants under this section for an academic year in an amount that exceeds 122% of the amount appropriated under s. 20.235 (1) (b) for the fiscal year in which the grant may be paid.

AB100, s. 1230 Section 1230. 39.30 (4) of the statutes is amended to read:

AB100,607,13 39.30 (4) Forms. The department board shall prescribe, furnish and make available, at locations in the state convenient to the public, application forms for grants under this section. Upon request, the department board shall advise and assist applicants in making out such forms.

AB100, s. 1231 Section 1231. 39.31 (intro.) of the statutes is amended to read:

AB100,607,18 39.31 Determination of student costs. (intro.) In determining a student's total cost of attending a postsecondary institution for the purpose of calculating the amount of a grant under s. 39.30, 39.38, 39.435 or 39.44, the department board shall include the following:

AB100, s. 1232 Section 1232. 39.31 (2) of the statutes is amended to read:

AB100,607,20 39.31 (2) Miscellaneous expenses, as determined by the department board.

AB100, s. 1233 Section 1233. 39.31 (3) of the statutes is amended to read:

AB100,607,22 39.31 (3) The cost of child care, as determined by the department board.

AB100, s. 1234 Section 1234. 39.32 (2) (intro.) of the statutes is amended to read:

AB100,607,24 39.32 (2) (intro.) The department board shall:

AB100, s. 1235 Section 1235. 39.32 (3) (intro.) of the statutes is amended to read:

AB100,608,2 39.32 (3) (intro.) The department board may make and authorize loans to be made to students if:

AB100, s. 1236 Section 1236. 39.32 (3) (b) of the statutes is amended to read:

AB100,608,6 39.32 (3) (b) The student's eligibility for a loan is certified to the department board by the institution of higher education in which the student is enrolled or has been accepted for enrollment.

AB100, s. 1237 Section 1237. 39.32 (3) (g) of the statutes is amended to read:

AB100,608,10 39.32 (3) (g) The student is not in default on any previous loan or the department board has determined that the student has made satisfactory arrangements to repay the defaulted loan.

AB100, s. 1238 Section 1238. 39.32 (5) of the statutes is amended to read:

AB100,608,14 39.32 (5) The department board may collect any loans made or authorized to be made by the department board pursuant to this section or made prior to July 1, 1966, under s. 49.42, 1963 stats.

AB100, s. 1239 Section 1239. 39.32 (6) of the statutes is amended to read:

AB100,608,25 39.32 (6) The department board shall satisfy the loan of any student who obtained a loan under this section or s. 39.023, 1965 stats., between July 1, 1966, and December 15, 1968, where such student died or dies after July 1, 1966, and before completing repayment thereof, and shall write off the balance of principal and interest owing on the loan on the date it received confirmation of such student's death. Obligation to repay such a loan shall terminate on the date of the student's death and any payments made thereon to the department board after such date shall be refunded to the payor or the payor's heirs, executor or administrator from the appropriation in s. 20.235 (2) (ba) upon receipt by the department board of an application for refund.

AB100, s. 1240 Section 1240. 39.32 (7) of the statutes is amended to read:

AB100,609,6 39.32 (7) The department board may write off defaulted student loans made pursuant to this section or made prior to July 1, 1966, under s. 49.42, 1963 stats., from moneys other than advances from the investment board originally appropriated for student loans, and from moneys other than moneys resulting from assignment, sale or conveyance of student loans.

AB100, s. 1241 Section 1241. 39.32 (8) of the statutes is amended to read:

AB100,609,11 39.32 (8) The department board may use up to $150,000 annually of student revenue bond proceeds for the purpose of consolidating loans for needy students who have a state direct loan and one or more federally guaranteed student loans from one or more private lenders.

AB100, s. 1242 Section 1242. 39.32 (10) of the statutes is amended to read:

AB100,609,19 39.32 (10) (a) The department board may enter into contractual agreements with lenders in this state and lenders in other states which grant loans to residents of this state, and with institutions and agencies wherein the department board may provide and furnish to such lenders, institutions and agencies administrative services related to the operation of any programs involving the granting of loans to students including but not limited to any and all services and functions related to the granting, administering and collecting of any loans made to students.

AB100,610,2 (b) The department board shall have all powers as that are reasonably appropriate to the provision of such services and the performance of such contracts and may include charges or fees to be paid by the lenders, institutions and agencies to the department board for the provision of such administrative services or any services or activities related to the collection of any student loans for which the department board may become responsible by operation of law or by contractual agreements under this paragraph, but such charges or fees, before being instituted by the department board, shall be approved by the secretary of administration.

AB100, s. 1243 Section 1243. 39.32 (11) of the statutes is amended to read:

AB100,610,11 39.32 (11) (a) In lieu of the procedure under ch. 812, the department board, on behalf of the corporation under s. 39.33, or the corporation, on its own behalf, may certify the department of administration to deduct money from a state employe's earnings. The department board shall specify an amount, not to exceed 25% of the employe's disposable earnings, as defined in s. 812.30 (6), to be deducted on a continuing basis until the amount certified by the department board or corporation has been paid. The department of administration shall remit moneys deducted to the department board or the corporation.

AB100,610,20 (b) The procedure in this section may be used only if the amount owed to the department board or corporation is reduced to a judgment. At least 30 days prior to certification, the department board or corporation shall notify the debtor under s. 879.05 (2) or (3) of the intent to certify the debt to the department of administration and of the debtor's right to a contested case hearing before the department board under s. 227.42. If the debtor requests a hearing within 20 days after receiving notice, the department board shall notify the department of administration which shall not make deductions under par. (a) until a decision is reached under s. 227.47 or the case is otherwise concluded.

AB100,610,22 (c) The department of administration shall prescribe the manner and form for certification of debts by the department board or corporation under this subsection.

AB100, s. 1244 Section 1244. 39.325 of the statutes is amended to read:

AB100,611,4 39.325 Wisconsin health education loan program. (1) There is established, to be administered by the department board, a Wisconsin health education loan program under P.L. 94-484, on July 29, 1979, in order to provide financial aid to medical and dentistry students enrolled in the university of Wisconsin medical school, the medical college of Wisconsin or Marquette university school of dentistry.

AB100,611,14 (2) The department board shall lend to students who qualify under sub. (1) any moneys appropriated or authorized through the issuance of revenue obligations. The department board shall require a student borrowing moneys under this section to pay interest while in medical or dental school and during his or her residency training at the rate of at least 3% per year on the sum of the principal amount of the student's obligation and the accumulated interest, unless federal law provides otherwise as a condition of guaranteeing the loan. Principal and interest payable on maturing revenue obligations shall, when necessary, be paid from funded reserves, authorized under subch. II of ch. 18, or from moneys made available under chapter 20, laws of 1981, section 2022 (1).

AB100,611,19 (3) The department board shall promulgate rules and establish standards and methods of determining the amounts of loans, rates of interest and other administrative procedures consistent with P.L. 94-484, on July 29, 1979. The rates of interest shall be set as low as possible, but shall remain sufficient to cover all costs of the program under this section.

AB100, s. 1245 Section 1245. 39.33 of the statutes is amended to read:

AB100,611,25 39.33 Guaranteed student loan program. (1) The department board may organize and maintain a nonstock corporation under ch. 181 to provide for a guaranteed student loan program in this state under P.L. 89-287 and P.L. 89-329 as may from time to time be amended. The department board may make use of and pay for the use of the facilities and services of such corporation.

AB100,612,6 (2) The department board may provide administrative services for the nonstock corporation with which the department board has entered into a contractual agreement for purposes of providing for a guaranteed student loan program in this state. Services provided under this section shall be in accordance with the decision of the department board as to the type and scope of services requested and the civil service range of any employe assigned to them.

AB100,612,10 (3) The department board or the legislature or any person delegated by the legislature may inspect and examine or cause an inspection and examination of all records relating to all programs that are, or are to be, administered under contractual agreement between the department board and the corporation.

AB100, s. 1246 Section 1246. 39.34 of the statutes is amended to read:

AB100,612,14 39.34 Medical student loan program. Notwithstanding s. 39.34, 1991 stats., the department board shall terminate on August 12, 1993, any obligation to repay a loan awarded under this section.

AB100, s. 1247 Section 1247. 39.35 of the statutes is amended to read:

AB100,612,19 39.35 Repayment of scholarships for teachers in educationally disadvantaged areas. Notwithstanding s. 39.35, 1969 stats., and s. 39.35, 1991 stats., the department board shall terminate on August 12, 1993, any obligation to repay a student aid award made under this section.

AB100, s. 1248 Section 1248. 39.36 of the statutes is amended to read:

AB100,612,24 39.36 Repayment of stipends for teachers of the handicapped. Notwithstanding s. 39.36, 1969 stats., s. 39.37 (3) (b), 1969 stats., and s. 39.36, 1991 stats., the department board shall terminate on August 12, 1993, any obligation to repay a stipend awarded under this section.

AB100, s. 1249 Section 1249. 39.37 (2) of the statutes is amended to read:

AB100,613,7 39.37 (2) There is created a separate nonlapsible trust fund designated the student loan repayment fund consisting of all revenues received in repayment of student loans funded under this section, and any other revenues dedicated to it by the department board. The department board may pledge revenues received or to be received by the fund to secure revenue obligations issued under this section, and shall have all other powers necessary and convenient to distribute the proceeds of the revenue obligations and loan repayments in accordance with subch. II of ch. 18.

AB100, s. 1250 Section 1250. 39.37 (3) of the statutes is amended to read:

AB100,613,13 39.37 (3) All student loans funded with revenue obligations issued under this section shall be fully guaranteed as to repayment of principal and interest from among a nonstock corporation organized under s. 39.33 (1), the United States, its agencies or instrumentalities. The department board may enter into agreements necessary to affect this guaranty.

AB100, s. 1251 Section 1251. 39.374 (2) of the statutes is amended to read:

AB100,613,22 39.374 (2) There is created a separate nonlapsible trust fund designated the Wisconsin health education loan repayment fund consisting of all revenues received in repayment of loans funded under this section or loans financed from moneys made available under chapter 20, laws of 1981, section 2022 (1). The department board may pledge revenues received or to be received by the fund to secure revenue obligations issued under this section, and shall have all other powers necessary and convenient to distribute the proceeds of the revenue obligations and loan repayments in accordance with subch. II of ch. 18.

AB100, s. 1252 Section 1252. 39.374 (3) of the statutes is amended to read:

AB100,614,2 39.374 (3) All loans funded with revenue obligations issued under this section shall be fully guaranteed as to repayment of principal and interest by the United States, its agencies or instrumentalities. The department board may enter into agreements necessary to effect this guaranty.

AB100, s. 1253 Section 1253. 39.38 (1) of the statutes is amended to read:

AB100,614,6 39.38 (1) There is established, to be administered by the department board, a grant program to assist those Indian students who are residents of this state to receive a higher education.

AB100, s. 1254 Section 1254. 39.38 (2) of the statutes is amended to read:

AB100,614,23 39.38 (2) Grants under this section shall be based on financial need, as determined by the department board. The maximum grant shall not exceed $2,200 per year, of which not more than $1,100 may be from the appropriation under s. 20.235 (1) (fb). State aid from this appropriation may be matched by a contribution from a federally recognized American Indian tribe or band that is deposited in the general fund and credited to the appropriation account under s. 20.235 (1) (gm). Grants shall be awarded to students for full-time or part-time attendance at any accredited institution of higher education in this state. The department board may not make a grant under this section to a student if the department board receives a certification under s. 49.855 (7) that the student is delinquent in child support or maintenance payments or owes past support, medical expenses or birth expenses. Grants shall be renewable for up to 5 years if a recipient remains in good academic standing at the institution that he or she is attending. The American Indian language and culture education board shall advise the department higher educational aids board on the allocation of grants to students enrolled less than half-time.

AB100, s. 1255 Section 1255. 39.39 (1) (a) (intro.) of the statutes is amended to read:

AB100,615,3 39.39 (1) (a) (intro.) There is established, to be administered by the department board, a stipend loan program for resident students, including registered nurses, who are:

AB100, s. 1256 Section 1256. 39.39 (2) (intro.) of the statutes is amended to read:

AB100,615,5 39.39 (2) (intro.) The department board shall:

AB100, s. 1257 Section 1257. 39.39 (2) (b) of the statutes is amended to read:

AB100,615,11 39.39 (2) (b) Promulgate rules to administer this section, including rules establishing loan amounts and the criteria and procedures for loan forgiveness and for selecting loan recipients. Loan recipients shall be selected on the basis of financial need, as determined by the department board, using the needs analysis methodology used under s. 39.435.

AB100, s. 1258 Section 1258. 39.39 (4) of the statutes is amended to read:

AB100,615,14 39.39 (4) The department board may not make any original stipend loans under this section.

AB100, s. 1259 Section 1259. 39.40 (2) (intro.) of the statutes is amended to read:

AB100,615,17 39.40 (2) (intro.) The department board shall establish a loan program for minority students who meet all of the following requirements:

AB100, s. 1260 Section 1260. 39.40 (2) (c) of the statutes is amended to read:

AB100,615,19 39.40 (2) (c) Meet academic criteria specified by the department board.

AB100, s. 1261 Section 1261. 39.40 (3) of the statutes is amended to read:

AB100,615,24 39.40 (3) Loans under sub. (2) shall be made from the appropriation under s. 20.235 (1) (cr). The department board shall forgive 25% of the loan and 25% of the interest on the loan for each school year the recipient teaches in a school district described under sub. (2) (d).

AB100, s. 1262 Section 1262. 39.40 (4) of the statutes is amended to read: