TO: | Honorable Geanie Morrison, Chair, House Committee on Higher Education |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB531 by Giddings (Relating to tuition rebate incentives for persons who complete certain degree and certificate programs without excessive credit hours.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | ($186,000) |
2005 | ($191,580) |
2006 | ($197,327) |
2007 | ($203,427) |
2008 | ($209,345) |
Fiscal Year | Probable (Cost) fromGENERAL REVENUE FUND 1 |
---|---|
2004 | ($186,000) |
2005 | ($191,580) |
2006 | ($197,327) |
2007 | ($203,427) |
2008 | ($209,345) |
The bill would extend the state's current tuition rebate program to award up to a $500 tuition rebate to students enrolled in a public community college, technical institute, or lower-division general academic teaching institution who complete a degree or certificate program that requires at least 60 semester credit hours with no more than three hours in excess of the minimum required for the degree or certificate. Four year general academic teaching institutions that award associate degrees or certificates would not qualify to award tuition rebates under this bill.
The bill would provide for reimbursements to the public general academic institutions and public technical institutes through increases in general revenue funds appropriated to the institutions. Reimbursements to community colleges would be made from appropriations managed by the Higher Education Coordinating Board.
In fiscal year 2002, approximately 40,000 associate degrees and certificates were awarded by Texas public community colleges, public technical colleges, and the three lower-division institutions in the Texas State Univeristy System. Of this amount, 16,000 certificates required fewer than 60 hours for completion and would not be eligible for the tuition rebate. The remaining 25,000 associate degrees awarded were all for programs which required at least 60 hours.
The Higher Education Coordinating Board estimates that two percent of the technical associate degree students and one percent of the academic degree students would meet requirements for the tuition rebate, for a total of 372 eligible students in fiscal year 2004. The Coordinating Board estimates that this number would increase by three percent each year. Each student would qualify for a $500 tuition rebate, for a total cost of $186,000 in fiscal year 2004, $191,580 in fiscal year 2005, and $209,345 by fiscal year 2008.
No significant fiscal implication to units of local government is anticipated.
This fiscal note assumes the legislature would reimburse local community colleges for the tuition rebates that they grant under this legislation.
Source Agencies: | 781 Higher Education Coordinating Board
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LBB Staff: | JK, CT, PF, MG
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