Kodiak Higher Education Rebuild Package, 649: Difference between revisions
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Kodiak Higher Education Rebuild Package, 649 (view source)
Revision as of 11:50, 12 January 2023
, 1 year agoAdded 2.1.1, 2.1.2, 2.1.3, 2.1.4, and 2.4.1 to Opportunity Grant.
m (Added Article VI) |
(Added 2.1.1, 2.1.2, 2.1.3, 2.1.4, and 2.4.1 to Opportunity Grant.) |
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=== Article II: Opportunity Grant ===
:2.1 - The opportunity grant shall provide a living stipend to be paid monthly to students enrolled in an authorised course at a state university, or a course and/or apprenticeship at a technical college.
::2.1.1 - All applications for the grant will be reviewed by the grant review board via the Ministry of Education.
::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 after upon a successful application to transfer the existing grant to a different degree. The reasoning and circumstances of the student shall be weighed against the student's potential to complete the degree in the time remaining.
: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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