§ 28B.10.786. Budget calculation -- Student financial aid programs
It is the policy of the state of Washington that financial need not be a barrier to participation in higher education. It is also the policy of the state of Washington that the essential requirements level budget calculation include funding for state student financial aid programs. The calculation should, at a minimum, include a funding level equal to the amount provided in the second year of the previous biennium in the omnibus appropriations act, adjusted for the percentage of needy resident students, by educational sector, likely to be included in any enrollment increases necessary to maintain, by educational sector, the participation rate funded in the 1993 fiscal year. The calculation should also be adjusted to reflect, by educational sector, any increases in cost of attendance. The cost of attendance figures should be calculated by the higher education coordinating board and provided to the office of financial management and appropriate legislative committees by June 30th of each even-numbered year.
[1993 sp.s. c 15 § 7.]
Notes:
Findings -- Effective date -- 1993 sp.s. c 15: See notes following RCW 28B.10.776.
Sections: Previous 28B.10.710 28B.10.730 28B.10.776 28B.10.778 28B.10.780 28B.10.782 28B.10.784 28B.10.786 28B.10.790 28B.10.792 28B.10.825 28B.10.840 28B.10.842 28B.10.844 28B.10.850 Next
Last modified: April 7, 2009