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2001 SESSION

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HB 2805 Hope Scholarship Program and Fund.

Introduced by: Jerrauld C. Jones | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Hope Scholarship Program and Fund. Establishes the Virginia Hope Scholarship Program and Fund for the purpose of closing the academic achievement gap between minority and non-minority students, promoting academic achievement among high school students of under-represented groups in higher education who desire to attend college, and to provide financial assistance to such students, low-income students, and first-generation college students to enable them to obtain an undergraduate or first graduate or professional degree. The Program shall consist of scholarships awarded on the basis of need annually to eligible students who are accepted for admission or enrolled in accredited public or private four-year institutions of higher education in the Commonwealth, and who are enrolled full time in a degree-granting program at a public or private four-year institution of higher education in Virginia, as an undergraduate, a graduate, or professional school student. The scholarship program will be phased in over a four-year period. The first awards must be made after July 1, 2001, with the amounts and maximum number of scholarships awarded in any year of its operation to be determined by the appropriations made available for this Program by the General Assembly. Recipients may use the scholarship for tuition, fees, room, board, books, or other educational expenses as approved by the State Council of Higher Education. A Fund has been established to receive any appropriations, gifts, donations, grants, bequests, and other funds that may be received on its behalf by the Council. The Program will be administered by the State Council of Higher Education, which shall promulgate such regulations as may be necessary for the implementation of the Program. This bill is a recommendation of the Commission on Access and Diversity in Higher Education.


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