AN ACT TO PROVIDE THAT CERTAIN NORTH CAROLINA COMMUNITY COLLEGES MAY OPT OUT OF PARTICIPATION IN THE WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM. Summarized in Daily Bulletin 6/7/11. Enacted June 16, 2011. Effective July 1, 2011.
Summary date: Jun 16 2011 - View summary
Bill H 15 (2011-2012)Summary date: Jun 7 2011 - View summary
House committee substitute makes the following changes to 1st edition.
Deletes the provisions of the 1st edition and replaces it with AN ACT TO PROVIDE THAT CERTAIN NORTH CAROLINA COMMUNITY COLLEGES MAY OPT OUT OF PARTICIPATION IN THE WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM.
Amends GS 115D-40.1 (Financial Assistance for Community College Students) to allow a community college board of trustees to adopt a resolution declining to participate in the William D. Ford Federal Direct Loan Program (loan program). Allows a board of trustees that has adopted a resolution declining to participate in the loan program to rescind the resolution and participate in the loan program, but removes that institution’s option of declining further participation in the loan program.
Provides that this act only applies to the following: Beaufort County Community College, Brunswick Community College, Cleveland Community College, James Sprunt Community College, Lenoir Community College, Sandhills Community College, and Surry Community College.
Bill H 15 (2011-2012)Summary date: Jan 27 2011 - View summary
Amends GS 160A-301(a), as it applies to Beaufort only, for purpose indicated in title.