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  • Summary date: May 2 2024 - View Summary

    Establishes the North Carolina Veterans Education Tuition Supplement (NCVETS) Program for 2024-25 to provide supplemental tuition assistance grant awards to eligible students enrolled at eligible postsecondary institutions, defined as UNC constituent institutions and community colleges located in the State. Requires administration by the UNC Board of Governors (BOG) and State Board of Community Colleges (State Board), as applicable. Sets eligibility criteria to include that the student be enrolled at an eligible institution for the 2024-25 academic year and receive post-9/11 GI Bill benefits, as defined, for that academic year of less than the full cost of tuition, excluding fees, necessary to attend the institution. Requires the BOG or State Board to award grants to eligible students to cover the additional tuition costs needed for enrollment after receipt of post-9/11 GI Bill benefits. Sets parameters for NCVETS Program grants, capping awards at 40% of the cost of tuition for the academic year at the applicable institution; reducing the award amount in the event the student receives any other scholarship or grant covering tuition costs so that the student's total scholarships and grants do not exceed the cost of tuition, excluding fees; and granting pro rata shares of the Program's available funds in the event there are insufficient funds appropriated to provide all eligible students the maximum award available. Directs the BOG and State Board to (1) adopt rules providing for the Program's administration and (2) report to the specified NCGA committee and division on the Program's implementation, as specified, by February 15, 2025. Effective July 4, 2024.

    Appropriates $555,000 in nonrecurring funds from the General Fund to the BOG and $75,000 in nonrecurring funds to the State Board for 2024-25 to provide NCVETS Program awards. Effective July 1, 2024.

  • Summary date: May 1 2024 - View Summary

    To be summarized.