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A survey of post secondary students indicate that 10 students would qualify each year for this scholarship program. Enactment of this legislation requires an appropriation of $13,200 from the General Fund to the Board of Regents in FY 2000 for 75% of the tuition. Second year costs for the first 10 students, plus 10 additional students who qualify, amounts to $27,300. As the program grows, on average, it costs $1,365 for each additional student awarded a tuition scholarship.

FY 00 Approp. FY 01 Approp. FY 00 Revenue FY 01 Revenue
General Fund $13,200 $27,300 $0 $0
TOTAL $13,200 $27,300 $0 $0

Office of the Legislative Fiscal Analyst

1/22/99 10:52:46 AM


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