COMM. COLLEGES/OPT OUT OF FED'L LOAN PROGRAM.

View NCGA Bill Details2011-2012 Session
Senate Bill 74 (Public) Filed Tuesday, February 15, 2011
TO PROVIDE THAT CONSTITUENT INSTITUTIONS OF THE NORTH CAROLINA COMMUNITY COLLEGE SYSTEM MAY OPT OUT OF PARTICIPATION IN THE WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM.
Intro. by Gunn.

Status: Re-ref Com On Rules and Operations of the Senate (Senate Action) (Mar 9 2011)
S 74

Bill Summaries:

  • Summary date: Mar 8 2011 - More information

    Senate amendment makes the following changes to 3rd edition.
    Deletes the provision, added in the previous version, authorizing any community college that participates in the William D. Ford Federal Direct Loan Program to transfer up to 3% of the state funds allocated to the community college for faculty salaries for purposes that directly affect student services. Also deletes the provision, added in the previous version, directing the State Board of Community Colleges to realign its funding formula by increasing the amount allocated for curriculum and continuing education instruction by $18 million and by reducing the amount for student services by the same amount.


  • Summary date: Mar 1 2011 - More information

    Senate amendment makes the following changes to 2nd edition.
    Amends the bill by adding a provision authorizing any community college that participates in the William D. Ford Federal Direct Loan Program to transfer up to 3% of the state funds allocated to the community college for faculty salaries for uses that directly affect student services. Directs the State Board of Community Colleges to realign its funding formula by increasing the amount allocated for curriculum and continuing education instruction by $18 million and by reducing the amount for student services by the same amount.


  • Summary date: Feb 23 2011 - More information

    Senate committee substitute makes the following changes to 1st edition.
    Amends GS 115D-40.1 to require the State Board of Community Colleges to ensure the availability of at least one counselor at each college to inform students about available federal programs and funds to assist community college students (was, ensure at least one counselor available at each college participating in the William D. Ford Federal Direct Loan Program). Makes clarifying changes. Changes the effective date to July 1, 2011 (was, effective when the act becomes law).


  • Summary date: Feb 15 2011 - More information

    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). Community colleges are required to participate in the loan program unless such a resolution is adopted. 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 takes away that institution’s option of declining further participation in the loan program. Makes conforming changes.


Printer-friendly: Click to view