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South Dakota Form 8109-B: What You Should Know
Representatives Train, Roles, and Shilling Representative State Houses Representative State House Date Introduced to H.B. 132: June 2, 2017, What's in the bill: • Establishes that, while eligible students are permitted to apply for scholarship funds, if their financial need is not met, the amount of an award may not exceed the financial need. • Establishes that an individual with a need for financial assistance for tuition and fees may be reimbursed a portion of the financial need in a way that is less than the amount reimbursed by the Department of Educational Programs. This is the original program from which CSU, Southaven, CSU Denver, Montana State and Grand Island have taken their award. This program is called the Opportunity Scholarship Program, and it allows these scholarship recipients to use up to 25 percent of the funds that will be administered in accordance to the SB 132, and use it to fund school activities and other items that are in the student's best interest and in the students' benefit if approved by their financial aid administrator or a student financial aid representative. • Establishes that the Department of Education, after considering the recommendations of the Office of Institutional Opportunity (now known as the Office of Opportunity and Support) and after making certain eligibility requirements for the Opportunity Scholarship Program established under SB 132, will provide additional scholarship opportunities to CSU-Grand Islands, CSU Grand Forks, Montana State, The University of South Dakota, and CSU, Southaven, CSU Denver. Such additional opportunities are called Opportunities for Students from the Northern Region of the State. • Allows parents for a child enrolled in a school whose parent is unable to provide financial support for the child to use up to 25 percent of the student's scholarship funds to cover the child's financial needs, up to 2,500 for a student with a need of 3,500 or less with an annual out-of-pocket cost of 1,150. • Allows parents of a child enrolled in a school whose parent is unable to provide financial support for the child to use up to 25 percent of the student's scholarship funds to cover the parent's financial needs, up to 2,500 for a student with a need of 3,500 or less with an annual out-of-pocket cost of 1,150.
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