Fiscal Note
SB0180 - Regents' Scholarship Program
State Impact:
This bill appropriates $50 million in one-time funding and $7.5 million in ongoing funding from the Education Fund to the State Board of Regents to establish the Regents' Scholarship Program.
| Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
| Education Fund | $0 | $7,500,000 | $7,500,000 | $0 | $0 | $0 |
| Education Fund, One-Time | $0 | $50,000,000 | $0 | $0 | $0 | $0 |
| Total | $0 | $57,500,000 | $7,500,000 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Recipients who earn the Regents' Scholarship will receive a financial award to be used for their higher education.
| 2/1/2008, 12:22:02 PM, Lead Analyst: Pratt, S. | Office of the Legislative Fiscal Analyst |