Higher education funding - additional appropriation. The act requires the general assembly to appropriate, in addition to money appropriated in the general appropriations act, $16,747,025 to the department of higher education for allocation to institutions of higher education. The general assembly is permitted to appropriate this additional money in a manner inconsistent with existing statutory requirements.
The act appropriates $16,747,025 to the department of higher education for need-based grants, scholarships, student stipends, fee-for-service contracts with institutions of higher education, and local district college grants.
(Note: This summary applies to this bill as enacted.)