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OK HB2493
Bill
Status
2/1/2016
Primary Sponsor
Gary Banz
Click for details
AI Summary
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Modifies Oklahoma's Promise (Oklahoma Higher Learning Access Program) award amounts by replacing tuition-equivalent payments with a standardized formula based on average resident tuition across institution types plus $200
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Sets awards for years 1-2 of postsecondary enrollment at the average resident tuition of all community colleges in the Oklahoma State System of Higher Education (calculated on a 2-year rolling average) plus $200
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Sets awards for years 3-5 of postsecondary enrollment at the average resident tuition of all comprehensive institutions in the Oklahoma State System of Higher Education (calculated on a 2-year rolling average) plus $200
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Removes previous language tying awards to "nonguaranteed resident tuition" at public institutions or equivalent tuition at comparable programs for private institution students
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Effective date of July 1, 2016, with emergency clause for immediate implementation upon passage
Legislative Description
Higher education; changing amount of the Oklahoma Higher Learning Access Program award; effective date; emergency.
Last Action
Referred to Appropriations and Budget Education Subcommittee
2/2/2016