Date Requested:March 13, 2013
Time Requested:01:00 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2013R2655 Introduced SB508
CBD Subject: PIERPONT PILOT
FUND(S)
0586
Sources of Revenue
General Fund
Legislation creates:
Neither Program nor Fund

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

    Senate Bill 508, if enacted, would permit Pierpont Community and Technical College to assess additional tuition for credit hours beyond twelve in a regular term for the purpose of implementing a per-credit hour tuition demonstration pilot project. It is estimated that the increased revenue above twelve hours would be $1,107,820 per year. No additional costs would result from the enactment of the legislation.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2013
Increase/Decrease
(use"-")
2014
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 0 0
Personal Services 0 0 0
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 1,107,820 1,107,820
3. Explanation of above estimates (including long-range effect):
    During the 2011-12 academic year, 1,047 students took more than 24 hours at Pierpont Community and Technical College. It is estimated that on average, these students enrolled for 3.29 hours above 12 hours for each of the two semesters. The current cost per credit hour is $161.


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