SS6 SCS SB 389 - Higher Education - Missouri Key Vote

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Title: Higher Education

Vote Smart's Synopsis:

Vote to pass a bill that revises several provisions regarding postsecondary institutions.

Highlights:

-Establishes the Missouri Teachers Fellows Program, which agrees to pay of the college loans of eligible high school students who graduate from a Missouri college with a minimum GPA of 3.0 and who promise to work as a teacher for five years in an unaccredited Missouri school district (sec. A). -Allows the University of Missouri to close the personal financial records of donors or potential donors (sec. A). -Prohibits awarding need-based scholarships and awards to students that are greater than the cost of attendance (sec. A). -Transfers $350 million from the Higher Education Loan Authority to the Lewis & Clark discovery fund for implementing the Missouri Teachers Fellows Program (sec. A). -Limits the percentage that college tuition can be raised to the percentage rise in the consumer price index by the 2008-09 school year (sec. A).

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

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