Washington State House of Representatives Office of Program Research | BILL ANALYSIS |
Labor & Workforce Development Committee |
HB 2292
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent. |
Brief Description: Including Renton technical college in the aerospace training student loan program.
Sponsors: Representatives Maxwell, Sells, Dahlquist, Hasegawa, Hudgins, Seaquist, Springer, Pettigrew, Lytton, Clibborn, Kenney, Orwall, Carlyle, Ryu, Roberts and Santos.
Brief Summary of Bill |
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Hearing Date: 1/13/12
Staff: Jill Reinmuth (786-7134).
Background:
The Aerospace Training Student Loan Program makes loans available to students who are enrolled in certain aerospace training or education programs. The students must be registered for certain aerospace industry courses, be making satisfactory progress as defined by the training program, and have a declared intention to work in the aerospace industry in Washington. The loans may not exceed one year of tuition and fees, and must be repaid within 36 months after completion of the training program. The program is administered by the Higher Education Coordinating Board.
Legislation enacted in 2011 made loans available to students registered for courses offered by the Washington Aerospace Training and Research Center and the Spokane Aerospace Technology Center, and the 2011-2013 operating budget appropriated funds for the program. The supplemental operating budget made loans available to students enrolled in courses at Renton Technical College, and appropriated additional funds for the program.
Other legislation enacted in 2011 replaced the Higher Education Coordinating Board for higher education financial aid responsibilities with the Office of Student Financial Assistance as of
July 1, 2012.
Summary of Bill:
The Aerospace Training Student Loan Program is made available to students enrolled in aerospace industry courses offered by Renton Technical College.
References to the Higher Education Coordinating Board are replaced with references to the Office of Student Financial Assistance.
Appropriation: None.
Fiscal Note: Requested on January 10, 2012.
Effective Date: The bill takes effect on July 1, 2012.