|Date Requested:February 10, 2012
Time Requested:01:25 PM
| FUND(S) |
Sources of Revenue
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.|
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||35,000||35,000|
|Repairs and Alterations||0||0||0|
|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.