| Date Requested:February 10, 2012 Time Requested:01:25 PM |
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| FUND(S) 0586 | |||
|---|---|---|---|
Sources of Revenue | |||
| General Fund | |||
Legislation creates:
A New Program | |||
Effect this measure will have on costs and revenues of state government.
| House Bill 4059, if enacted, would amend West Virginia Code §18B-10-7 to include in the fee waiver the dependents of United States armed services members who suffered a one hundred percent total and permanent service connected disability. The estimated cost would be approximately $35,000 per year. |
| Over-all effect |
| Effect of Proposal | Fiscal Year | ||
|---|---|---|---|
| 2012 Increase/Decrease (use"-") |
2013 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) | |
| 1. Estmated Total Cost | 0 | 35,000 | 35,000 |
| Personal Services | 0 | 0 | 0 |
| Current Expenses | 0 | 0 | 0 |
| Repairs and Alterations | 0 | 0 | 0 |
| Assets | 0 | 0 | 0 |
| Other | 0 | 35,000 | 35,000 |
| 2. Estimated Total Revenues | 0 | 0 | 0 |
|
3. Explanation of above estimates (including long-range effect):
The estimated average tuition cost for West Virginia public higher education institutions is $4,051. The Department of Veterans' Affairs estimates that there are approximately 700 West Virginia residents who have suffered total and permanent service-connected disabilities.
According to existing statute, recipients would not receive the waiver unless all other sources of student financial assistance have been exhausted. Estimating that only 5% of the disabled veteran’s spouses and children would have an income level that would exclude financial assistance , the cost per one 3 hour course per semester would be $507 * 35 = $17,745 per semester, or $35,490 per academic year. |