Kodiak Higher Education Rebuild Package, 649: Difference between revisions
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Kodiak Higher Education Rebuild Package, 649 (view source)
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(Added 2.1.1, 2.1.2, 2.1.3, 2.1.4, and 2.4.1 to Opportunity Grant.) |
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= Kodiak Higher Education Rebuild Package, 649 =
__NOTOC__
::''Education is paramount to creating future opportunities, technical capability, and overall economic prosperity in The Kodiak Republic (TKR). It is recognised that an investment in the higher education sector will create pathways that enrich the nation in the short to long term. Accelerating advancement technically, socially, and in the domains of research. To date, the higher education sector is poorly funded, lacks oversight of standards, and is not an accessible option for many citizens of TKR. This ‘rebuild’ package seeks to aid our growth with improved access to higher education.''<br>
''PASSED 19 January 2023 with 24 Aye, 0 Nay, and 2 Abstaining.''
== State-Funded University Education Act ==
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== Kodiak Opportunity Grants Act ==
::''The Kodiak Opportunity Grant is a special grant for mature-age students to aid in returning or starting university or technical college studies later in life. This grant especially targets adults that may need the aid to support re-education or career changes that would otherwise not be accessible due to the drop in income caused by a return to
=== Article I: Definitions ===
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::2.1.2 - The review will consider the applicants educational history, employment history, educational aspirations and purpose, household income, and income loss due to under-employment or lack of to determine the eligibility of the applicant.
::2.1.3 - The applicant may only apply for the grant once per ten years for each level of degree or doctorate.
::2.1.4 - Each level of degree within the ten year timeframe is only eligible for one grant. A degree transfer during the ten year timeframe will be considered eligible for the grant
:2.2 - The living stipend shall require an income and assets test.
:2.3 - Should income exceed income thresholds (maximum household income of ₣60,000) or asset thresholds (maximum household assets of ₣400,000), then the applicant is not eligible for the grant. Should an existing grantee exceed income and asset thresholds, the applicant shall no longer be eligible to continue to receive the grant the month following reporting.
:2.4 - The living stipend shall scale based on reported income to a range of ₣500 to ₣2000 Florins per month, as determined by the Ministry of Education.
::2.4.1 - The living stipend shall be scaled based on course load. That is, a full-time student can expect to receive 100% of the total annual income provided by the grant for the entirety of their studies. A part-time student will be paid pro-rata based on the percentage of their maximum course load, i.e., a 75% course load will therefore receive 75% of the total annual income provided by the grant.
:2.5 - Grantees are required to report income on a monthly basis to the Ministry of Education.
:2.6 - The institution that the grantee has enrolled in shall report enrollment details and the students eligibility to continue their enrollment based on the student meeting requirements laid out by the institution (e.g., results).
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''Author: Hester Sirocco-Loren, KWP, Deputy Chancellor and Minister of Education and Health, and Charlotte Groves, KWP, seconded Deputy Chancellor and Minister of Education and Health''
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