Bill Summary for S 74 (2011-2012)

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Summary date: 

Mar 1 2011

Bill Information:

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.

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Bill summary

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.