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2023 SESSION
23102479DBe it enacted by the General Assembly of Virginia:
1. That § 23.1-2911.2 of the Code of Virginia is amended and reenacted as follows:
§ 23.1-2911.2. Get Skilled, Get a Job, Give Back Get Ahead Fund and Program.
A. As used in this section, "high-demand field" means a discipline or field in which there is a shortage of skilled workers to fill current and anticipated additional job vacancies.
B. There is hereby created in the state treasury a special
nonreverting fund to be known as the Get Skilled, Get a Job, Give Back Get
Ahead (G3) Fund, referred to in this section as "the
Fund." The Fund shall be established on the books of the Comptroller. All
gifts, donations, grants, bequests, and other funds received on its behalf
shall be paid into the state treasury and credited to the Fund. Interest earned
on moneys in the Fund shall remain in the Fund and be credited to it. Any
moneys remaining in the Fund, including interest thereon, at the end of each fiscal
year shall not revert to the general fund but shall remain in the Fund. Moneys
in the Fund shall be used solely for the purposes of providing financial
assistance pursuant to subsection C. Expenditures and disbursements from the
Fund shall be made by the State Treasurer on warrants issued by the Comptroller
upon written request signed by the Chancellor and the
president of each participating baccalaureate public institution of higher
education.
C. The System shall establish the Get Skilled, Get a Job, Give Back Get
Ahead Program (G3 Program) for the purpose of providing
financial assistance from the Fund to low-income and middle-income Virginia
students who are enrolled in an educational program at an
associate-degree-granting public institution of higher education that leads to
an occupation in a high-demand field.
D. The
Virginia Board of Workforce Development, in consultation with the
System, in collaboration with the
Council, each participating
comprehensive community college and baccalaureate public institution of higher
education, and the staffs of the House
Committee on Appropriations and Senate Committee on Finance and Appropriations, Virginia Office
of Education Economics (VOEE), shall
select the degree and certificate programs that are
eligible for financial assistance under the G3 Program,
including any associate degree program transferable for course credit, as
defined by Council policy, at a baccalaureate public
institution of higher education that the System, the Council, and the VOEE
identify as eligible for financial assistance under the G3
program. The selection of degree and certificate programs that are eligible may
occur at a statewide level or an institutional level, based on the workforce
needs as recommended by the VOEE. The curricular programs
selected as eligible for the G3 Program shall be
implemented no sooner than 12 months following their selection and with the
full agreement of the System, the Council, VOEE, and the participating
institutions. The System and the president
of each participating baccalaureate public institution of higher education
shall make recommendations report any additions or changes to the degree and
certificate programs that are eligible for financial assistance under the G3
Program to the Governor and
General Assembly, no
later than December 1 of each year, for additions or other
changes to the high-demand fields that qualify for financial assistance under
the G3 Program.
E. In order to be eligible for financial assistance under the G3 Program, an applicant shall (i) report a total household income that is not more than 400 percent of the federal poverty guidelines established by the U.S. Department of Health and Human Services; (ii) be enrolled or accepted for enrollment, (a) as a full-time student or a part-time student, for a minimum of six credit hours per semester, in a credit-bearing educational program or (b) in a noncredit educational program, at an associate-degree-granting public institution of higher education that leads to an occupation in a high-demand field; and (iii) have completed and submitted applications for any other federal or state student financial aid program for which the applicant may be eligible.
F. In order to remain eligible for financial assistance under the G3 Program, a participating student shall (i) meet standards for satisfactory academic progress and maintain the required grade point average established in Title IV of the federal Higher Education Act of 1965, as amended; (ii) demonstrate reasonable progress to complete his specific program of study to earn an associate degree in no more than three years; and (iii) not exceed 150 percent of the required credits for the relevant certificate or degree.
G. Any student receiving financial assistance under the G3 program for any transferable degree program shall remain eligible to receive such financial assistance at the four-year baccalaureate public institution of higher education into which he transfers if such student (i) is enrolled in a transfer program identified as eligible for financial assistance under the G3 program pursuant to subsection D, (ii) has completed all course requirements for such transfer program, and (iii) is a graduate of a comprehensive community college in the System with an Associate of Arts, Associate of Science, or a transferable Associate of Applied Science degree.
H. Each financial assistance award under the G3 Program shall consist of (i) a grant up to the amount necessary to pay for the last-dollar cost of the institution's tuition and mandatory fees and a textbook stipend after all other federal and state financial aid to which the student is entitled is taken into account and (ii) for any student who is enrolled full time and receives a full Federal Pell Grant, a student-support incentive grant as provided in the general appropriation act. Each student-support incentive grant shall be disbursed in two equal payments, the first of which shall occur after the census date for the enrollment period is reached and the second of which shall occur at the end of the academic term for which the student receives the grant, provided, however, that no student who withdraws from or otherwise stops attending the institution during such term shall receive additional payments and that each such student shall be subject to repayment of the funds already received in accordance with state financial aid policies.
H. I. Each
eligible institution that participates in the G3 Program shall provide academic
and career advising to all students enrolled in the G3 Program.
I. J. No
later than September 1 of each year, each
participating baccalaureate public institution of higher education and each
associate-degree-granting public institution of higher education shall submit
to the Council and the System a report with data from the previous fiscal year
on student participation in and completion of the G3 Program, including (i)
data on student enrollment, student retention rates between academic terms and
years, and student wages, including median wages prior to enrollment and one
year after completion of a credential or degree and wage rates of students who
have not enrolled in over a year and did not complete a credential, and (ii) a
comparison of job demand and completion rates. Such data shall be disaggregated
by program of study and student income level at the start of participation in
the G3 program. The Council and System shall work collaboratively to compile
the data provided by each associate-degree-granting public institution of
higher education and annually report such data, in the aggregate and by program
of study, institution, and student income level at the start of participation
in the G3 program, to the Governor and the Chairmen of the House Committee on
Appropriations, the Senate Committee on Finance and Appropriations, the House
Committee on Education, and the Senate Committee on Education and Health.
J. K. No
later than September 1 of each year, each participating
baccalaureate public institution of higher education and
each associate-degree-granting public institution of higher education that
participates in the G3 Program shall adopt and amend, as necessary, policies
and procedures to ensure that student participation in the G3 Program does not
cause financial assistance awards to exceed funds available for such purpose.