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HI HB1874
Bill
Status
1/21/2014
Primary Sponsor
Calvin Say
Click for details
AI Summary
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Requires the University of Hawaii Economic Research Organization (UHERO) to examine the feasibility of establishing a "pay forward, pay back" pilot program that replaces tuition with post-graduation income-based repayment.
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If feasible, UHERO must develop a proposed pilot program allowing Hawaii resident students to enroll without paying tuition or fees, then repay through a percentage of annual adjusted gross income for a specified number of years after graduation.
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Pilot program parameters to be determined by campus, including identification of participating campuses, contract terms (years and income percentage), and cost variations based on education costs and available financial aid.
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UHERO must submit a written report with findings, recommendations, and any proposed legislation to the legislature no later than twenty days before the 2015 regular session convenes.
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Appropriates unspecified general revenues to the University of Hawaii for fiscal year 2014-2015 to fund the feasibility study and pilot program development; effective July 1, 2014.
Legislative Description
UHERO; Pay Forward, Pay Back; Pilot Program; Appropriation ($)
Last Action
Referred to HED, FIN, referral sheet 3
1/21/2014