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2007 SESSION
HB 1293 Early Graduation Incentive Grant Program Fund; created.
Introduced by: Christopher B. Saxman | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Early Graduation Incentive Grant Program. Establishes the Virginia Early Graduation Incentive Grant Program for the purpose of providing grants to Virginia students who (i) have received an undergraduate degree within three years from an accredited institution of higher education in Virginia, (ii) are enrolled in a graduate program preparing students for careers in professions having workforce shortages, and (iii) have agreed to work in Virginia upon receiving a graduate degree. The State Council of Higher Education for Virginia is designated as the administering agency for the program and must promulgate necessary and appropriate regulations for the disbursement of grants and the administration of the program. Before grants are awarded, recipients must sign a promissory note under which they agree (i) to begin employment in the Commonwealth within six months of receiving a graduate degree and (ii) to continue such employment in the Commonwealth for at least three years. Only students who maintain a 3.0 grade point average while enrolled as an undergraduate are eligible to participate in the program, and eligibility is limited to two academic years or the equivalent number of credit hours.
FULL TEXT
HISTORY
- 01/11/06 House: Prefiled and ordered printed; offered 01/11/06 060279496
- 01/11/06 House: Referred to Committee on Education
- 02/06/06 House: Continued to 2007 in Education by voice vote
- 12/08/06 House: Left in Education