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129th MAINE LEGISLATURE |
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LD 866 |
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LR 1564(02) |
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An Act To Support
College Completion by Homeless Youth in Maine |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Potential future biennium cost increase - General Fund |
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Fiscal Detail
and Notes |
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This bill
provides that, beginning in fiscal year 2020-21, each state postsecondary
educational institution may award grants to eligible homeless students equal
to the cost of tuition less all other financial aid received by the student,
subject to funding provided by the Legislature. The cost of this provision
can not be estimated at this time and will depend on the number of eligible
homeless students, the cost of tuition and the amount of financial aid
received by each student. The bill requires the University of Maine System
(UMS), the Maine Community College System (MCCS) and the Maine Maritime
Academy (MMA) to include the estimated amount of funding necessary to fully
fund the grants as part of their biennial budget funding request. |
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Additional costs
to the UMS, MCCS and MMA to provide a homeless student liaison to assist
homeless students in applying for federal and state financial aid and to
develop individual housing plans for homeless students who are enrolled as
full-time students can be absorbed within existing budgeted resources. |
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