|HB 0041||Relating to Academic Scholarships|
|Sponsor:||BLAND||Handling House Bill:|
|Last Action:||01/12/95 - Referred H Education-Higher Committee|
HB0041 Bland, Mary
P R E F I L E D
HB 41 -- Missouri Transition Program
This bill creates the Missouri Transition Program to be administered by an administrative board comprised of one representative of each of the state's publicly-funded four-year institutions of higher education. The four-year undergraduate program will attempt to increase the enrollment and retention to graduation of motivated and talented underprivileged students. The bill defines "underprivileged student" as any student whose personal or family income is within 200% of the federal poverty level and is a resident of the state. Scholarships, summer pre-- college experience orientations, and graduate student advisors will be provided for each participant in the program. The goal of the program will be to admit at least 75 students each year.
The bill also creates within the state treasury the Missouri Transition Program Fund for deposit of funds for the transition program. A charge equal to 5% of the wholesale price of each compact disc sold within the state will be collected by the Director of Revenue and credited to the fund.