5448-S AMS KOHL MACI 004

SSB 5448 - S AMD 202

By Senators Kohl-Welles, Carlson, Fairley and Shin

3/18/03 ADOPTED

On page 6, after line 35, insert the following:

"(6) For the academic years 2003-04 through 2008-09, institutions of higher education shall use an amount equivalent to ten percent of all revenues received as a result of graduate academic school tuition increases beginning in academic year 2003-04 through academic year 2008-09 to assist needy low and middle-income resident graduate academic students."

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EFFECT: Provides additional financial aid from a portion of the revenue raised from the graduate academic school tuition increases from academic year 2003-04 through academic year 2008-09 for needy low and middle-income resident graduate academic students.