FISCAL NOTE
Date Requested: February 15, 2024
Time Requested: 01:08 PM |
| Agency: |
Higher Education Policy Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1885 |
Introduced |
HB4768 |
|
|---|
| CBD Subject: |
Education (K12) |
|---|
|
FUND(S):
General
Sources of Revenue:
General Fund
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill would increase from two to four the number of seats for out-of-state medical students who receive in-state tuition rates if they agree to practice for a specific time within West Virginia after graduation. This program expands the Choose West Virginia Practice Program, the state-funded nonresident medical student tuition waiver program by allowing four nonresident medical students from each medical school in the state annually to participate in the program. Each student selected is charged the state resident tuition rate for each academic year he or she is enrolled in the program and the cost difference between the resident and nonresident rates is waived by the school in which they are enrolled. For each academic year that a medical student participates in the program, he or she commits to render services for one calendar year as a medical doctor or a doctor of osteopathy in this state in a medically underserved area and in a primary care and specialty practice or field in which there is a shortage of physicians, as determined by the Division of Health at the time the application for the program is submitted. The service commitment begins within six months after graduation from an accredited residency program. At the current average award amount, the additional cost for the first year of implementation would be $195,000; $390,000 for the second year; $585,000 for the third year: and $780,000 for the fourth year (full implementation). After full implementation, the costs would remain steady unless tuition increases or decreases.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2024
Increase/Decrease
(use"-") |
2025
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
195,000 |
780,000 |
| 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 |
0 |
0 |
Explanation of above estimates (including long-range effect):
This bill doubles the number of students eligible from a current total of six to a proposed total of 12 each year. Because students can be accepted into the program in their first year of medical school and continue in the program each year (up to four) the cost of the program increases over the course of four years until a maximum of 24 additional students are in the program totaling 48 students per year (four per year from each of three medical schools over four years). At the current average award amount, the additional cost for the first year of implementation would be $195,000; $390,000 for the second year; $585,000 for the third year: and $780,000 for the fourth year (full implementation). After full implementation, the costs would remain steady unless tuition increases or decreases. It is important to note that this is not a full tuition waiver per se, but rather the medical schools charge the nonresident medical students the in-state tuition rate and this program pays the medical school the difference between in-state and out-of-state tuition.
Memorandum
Person submitting Fiscal Note: Misty Price
Email Address: misty.price@wvhepc.edu