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2008 SESSION
086542332Be it enacted by the General Assembly of Virginia:
1. That §§ 23-38.10:8 through 23-38.10:11 and 23-38.10:13 of the Code of Virginia are amended and reenacted as follows:
§ 23-38.10:8. Definitions.
As used in this chapter:
"Accredited institution" means any institution approved to confer degrees pursuant to Chapter 21.1 (§ 23-276.1 et seq.) of this title.
"Council" means the State Council of Higher Education for Virginia.
"Grant" means the amount of financial assistance
awarded under this chapter whether disbursed by warrant directly to an
institution of higher education or directly toon behalf of aan
eligible student.
"Institution of higher education" means a four-year public or private nonprofit educational institution within the Commonwealth whose primary purpose is to provide undergraduate collegiate education and not to provide religious training or theological education.
"Student" means an undergraduate student who is entitled to in-state tuition charges pursuant to the provisions of § 23-7.4.
§ 23-38.10:9. Two-Year College Transfer Grant Program created; State Council of Higher Education for Virginia to promulgate regulations.
There is hereby created the Two-Year College Transfer Grant
Program to provide financial assistance to eligible students, beginning with the
first-time students entering freshman classas of the fallsummer
2007 academic yearterm, for the costs of attending a public or
private institution of higher education in Virginia. Funds may be paid to any
institutions of higher education on behalf of students who have been awarded
financial assistance pursuant to § 23-38.10:10. The Council shall promulgate
regulations for the implementation of the provisions of this chapter and the
disbursement of funds consistent therewith and appropriate to the
administration of the program.
§ 23-38.10:10. Eligibility criteria.
A. Under this program, grants shall be made to or on
behalf of eligible Virginia domiciles who (i) have received an associate degree
at a Virginia two-year public institution of higher education, (ii) have
enrolled in a Virginia four-year public or private institution of higher
education by the fall following the award of the associate degree, (iii) have
applied for financial aid, and (iv) have financial need, defined by an Expected
Family Contribution (EFC) of no more than $8,000 as calculated by the federal
government using the family's financial information reported on the Free Application
for Federal Student Aid (FAFSA) form. Only students who maintainedgraduated
with a cumulative grade point average of at least 3.0 on a scale of 4.0 or
its equivalent while enrolled inat the completion of an associate
degree program at a Virginia two-year public institution of higher education
shall be eligible to receive a grant under this chapter.
B. Eligibility for a higher education grant under this program
shall be limited to three academic years or 70 credit hours and shall be
used only for [ full-time ]
undergraduate collegiate work in educational programs other than those
providing religious training or theological education. To remain eligible for a
grant under this program, a student must continue to demonstrate financial
need, as defined in this section, maintain a grade point average of 3.0
on a scale of 4.0 or its equivalent, be enrolled as a [ full-time
] student, and make satisfactory academic progress towards a
degree.
C. Individuals who have failed to meet the federal requirement to register for the Selective Service shall not be eligible to receive grants pursuant to this chapter. However, a person who has failed to register for the Selective Service shall not be denied a right, privilege, or benefit under this section if (i) the requirement to so register has terminated or become inapplicable to the person and (ii) the person shows by a preponderance of the evidence that the failure to register was not a knowing and willful failure to register.
§ 23-38.10:11. Amount of award.
The amount of the grant for an eligible student shall be provided in accordance with the appropriation act and shall be fixed at a maximum of $1,000 per year. An additional maximum of $1,000 per year shall be provided to those eligible students pursuing undergraduate collegiate work in engineering, mathematics, nursing, teaching, or science. [ Grant awards shall be prorated for eligible students taking less than a full-time course load. If the amount provided in the general appropriation act would result in grants less than the maximum amounts per year for all classes of eligible students as provided in this section (including prorated grants for students taking less than a full-time course load), then the Council shall determine the amount of the grant for each eligible student such that (i) each eligible student not pursuing undergraduate collegiate work in engineering, mathematics, nursing, teaching, or science shall be awarded a grant in the same amount (with students taking less than a full-time course load awarded a prorated grant) and (ii) each eligible student pursuing undergraduate collegiate work in engineering, mathematics, nursing, teaching, or science shall be awarded a grant in the same amount, which shall be twice the amount of the grant described under clause (i) (with students taking less than a full-time course load awarded a prorated grant). ]
§ 23-38.10:13. State financial aid eligibility.
The institutions of higher education shall reduce state
financial aid eligibility by the amount of the grant awarded pursuant to this
chapter. Tuition assistance received by a student under this program shall
not be reduced by the receipt of other financial aid from any source by such
student. However, a student shall not receive a grant pursuant to this chapter
that, when added to other financial aid received by that student, would enable
the student to receive total assistance in excess of the estimated cost to the
student of attending the institution in which he is enrolled.