Bill Summaries: H58 COMM. COLLEGES/OPT OUT OF FED'L LOAN PROG-3 (NEW).

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  • Summary date: Jun 18 2011 - View Summary

    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 and 6/14/11. Enacted June 16, 2011. Effective July 1, 2011.


  • Summary date: Jun 14 2011 - View Summary

    Senate committee substitute makes the following changes to 2nd edition. Adds Sampson Community College to the institutions which may opt out of participation in the William D. Ford Federal Direct Loan Program, as specified.


  • 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: Caldwell Community College and Technical Institute, Martin Community College, and Rockingham Community College.
    Effective July 1, 2011.


  • Summary date: Feb 8 2011 - View Summary

    Amends GS 115D-5 as title indicates. Effective July 1, 2011.