FISCAL NOTE
FUND(S):
0586
Sources of Revenue:
General Fund
Legislation creates:
A New Program
Fiscal Note Summary
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.
Fiscal Note Detail
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 |
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.
Memorandum
Person submitting Fiscal Note: Ed Magee
Email Address: emagee@hepc.wvnet.edu