Date Requested:February 10, 2012
Time Requested:01:25 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2012R1257 Introduced HB4059
CBD Subject: EDUCATIONAL BENEFITS
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
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.
    


Memorandum
Person submitting Fiscal Note:
Ed Magee
Email Address:
emagee@hepc.wvnet.edu