|Date Requested:February 19, 2013
Time Requested:01:15 PM
| FUND(S) |
Sources of Revenue
Legislation creates:A New Program
Effect this measure will have on costs and revenues of state government.
| The purpose of this bill is to create a tuition waiver program allowing out-of-state medical students who commit to practice in an underserved area of West Virginia for a specified period of time allowing the payment of in-state tuition. The bill sets forth the conditions for approval in the program. The bill provides for repayment of the tuition waiver if the student does not practice in the underserved area. The bill also grants rule making authority. The first year annual cost is expected to be $171,060 and increase to $196,000 upon full implementation.
The non-resident fee differential for medical students is currently $27,590, $27,940, and $30,000 per year at Marshall University (MU), West Virginia University Health Sciences (WVUHS) and the West Virginia School of Osteopathic Medicine (WVSOM), respectively. The annual cost in terms of lost tuition and fees will start at $171,060. The cost will change as students who do not meet the legislation’s requirements make repayments and tuition rates increase. Upon full implementation, it is anticipated that approximately 50 percent of the students at MU and WVUHS will not meet the legislation’s requirements and be required to make repayments. About 20 percent of the WVSOM students are expected to make repayments. It is anticipated that tuition and fees for out-of-state students would increase about 5% per year.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||171,060||196,000|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):
See attached Analysis