Adjunct professor incentives.

13LSO-0209.L2

FISCAL NOTE

This bill contains an appropriation of $100,000 from the SCHOOL FOUNDATION FUND to the Community College Commission.

DETAIL OF APPROPRIATION

Agency #:  057     Agency Name:  Community College Commission

Unit:  (new) Adjunct professor loan repayment program

EXPENDITURE BY SERIES AND YEAR       FY 2013         FY 2014         FY 2015

0600  Grant & Aid Payments                             $95,000                

0900  Contractual Services Costs                        $5,000                

Total Expenditure Per Year:                           $100,000               

Grand Total Expenditure:              $100,000

Total Appropriated to Agency:         $100,000

Total Appropriated by Fund

SCHOOL FOUNDATION FUND   :            $100,000

Description of appropriation:

All but 5 percent ($5,000) must be used for repayment of qualifying student loans. The remainder would be used for contractual loan administration fees.

It is assumed that the 0600 Series funding would be tied to the 2014 student cohort, thereby allowing it to be carried over to subsequent bienniums.

Given that tuition and fees would be fully eligible for reimbursement, and program eligibility would only be limited by the willingness of school districts, colleges and UW to limit the number of nomination agreements, the Community College Commission projects that demand for this program would be similar to that of the Veterans Tuition Waiver Program. Expenditures under the Veterans Tuition Waiver Program are presently $200,000 per year. Page 4 of the bill states that loans would be subject to the availability of funds appropriated.

NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED

This bill has administrative impact that appears to increase (or decrease) duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements. As introduced, the bill does not modify any state agency budget or current personnel authorizations.

The following state agencies will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill:

Community College Commission

Prepared by:   Dean Temte, LSO       Phone: 777-7881

(Information provided by Matt Petry, Community College Commission: 777-5859)