20.285 (1) (e) Grants to meet emergency financial need. As a continuing appropriation, the amounts in the schedule for distribution to the college campuses institutions for purposes of making grants under s. 36.66.
80,2Section 2. 36.11 (27) of the statutes is repealed. 80,3Section 3. 36.66 (1) (a) of the statutes is amended to read: 36.66 (1) (a) “Eligible student” means a student enrolled in a college campus whose expected family contribution, as defined in s. 39.437 (3) (a), is less than $5,000 an institution whose financial need meets the eligibility criteria for a grant from the Federal Pell Grant Program.
80,4Section 4. 36.66 (1) (c) of the statutes is created to read: 36.66 (1) (c) “Institution” includes any former college campus that was partnered with the institution as a branch campus in the system restructuring plan approved by the Higher Learning Commission on or about June 28, 2018.
80,5Section 5. 36.66 (2) of the statutes is amended to read: 36.66 (2) From the appropriation under s. 20.285 (1) (e), no later than September 1, 2016, and by September 1 of each year thereafter, the board shall distribute funds to the college campuses institutions for payment of grants under this section. These funds may not be used by the college campuses institutions for any other purpose. The amount distributed by the board to each college campus institution shall be determined by the board based on the anticipated need and demand for grants at each college campus institution.
80,6Section 6. 36.66 (3) (a) and (c) of the statutes are amended to read: 36.66 (3) (a) Subject to pars. (b) to (d), each college campus institution may award grants to eligible students to pay the student’s expense resulting from a financial emergency. In evaluating a grant application, the college campus institution shall, in its discretion and based on its best judgment, determine whether the student has incurred a legitimate financial emergency.
(c) A college campus An institution may not award more than 2 grants under this section to the same student in any academic year. The total of all grants made to a student under this section in the same academic year may not exceed $500 $1,000.
80,7Section 7. 36.66 (4) of the statutes is amended to read: 36.66 (4) Each college campus institution shall create or adopt a brief application process and designate an employee with the authority to disburse the grant funds to eligible students. A decision on a grant application, and disbursement of grant funds to a student if a grant is awarded, shall be made within 5 business days of the student’s application.
80,8Section 8. 36.66 (5) of the statutes is amended to read: 36.66 (5) If a student applies for a 2nd grant under this section within the same academic year, a college campus an institution shall require the student to undergo a financial counseling session with a financial aid professional before the grant may be awarded.
80,9Section 9. 36.66 (6) (a) (intro.) of the statutes is amended to read: 36.66 (6) (a) (intro.) Each college campus institution shall collect, for each academic year, the following information related to the grant program under this section:
80,10Section 10. 36.66 (6) (b) of the statutes is amended to read: 36.66 (6) (b) By June 30, 2017, and by June 30 September 1 of each year thereafter, each college campus institution shall report to the board the information collected under par. (a), for the academic year ending in that calendar year, and the board shall submit a report of this information to the chief clerk of each house of the legislature, for distribution to the appropriate standing committees under s. 13.172 (3) having jurisdiction over matters relating to colleges and universities.
80,11Section 11. 38.42 (1) (a) of the statutes is amended to read: 38.42 (1) (a) “Eligible student” means a student enrolled in a technical college whose expected family contribution, as defined in s. 39.437 (3) (a), is less than $5,000 financial need meets the eligibility criteria for a grant from the Federal Pell Grant Program.
80,12Section 12. 38.42 (3) (c) of the statutes is amended to read: 38.42 (3) (c) A technical college may not award more than 2 grants under this section to the same student in any academic year. The total of all grants made to a student under this section in the same academic year may not exceed $500 $1,000.
80,13Section 13. 38.42 (6) (b) of the statutes is amended to read: 38.42 (6) (b) By June 30, 2017, and by June 30 September 1 of each year thereafter, each district shall report to the board the information collected under par. (a), for the academic year ending in that calendar year, and the board shall submit a report of this information to the chief clerk of each house of the legislature, for distribution to the appropriate standing committees under s. 13.172 (3) having jurisdiction over matters relating to colleges and universities.
80,14Section 14. 39.28 (6) of the statutes is repealed. 80,15Section 15. 39.285 (title) of the statutes is amended to read: 39.285 (title) Board review of proposed formulae; minimum and maximum grant amounts.
80,16Section 16. 39.285 (4) of the statutes is created to read: