Report Title:

University of Hawaii; Student Scholarship and assistance special fund

Description:

Allows the University of Hawaii to transfer funds from the student scholarship and assistance special fund to its tuition and fees special fund. (HB1586 HD1)

HOUSE OF REPRESENTATIVES

H.B. NO.

1586

TWENTY-THIRD LEGISLATURE, 2005

H.D. 1

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

RELATING TO THE UNIVERSITY OF HAWAII.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 304-16.5, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

"(a) There is established the University of Hawaii tuition and fees special fund, into which shall be deposited all revenue collected by the university for regular, summer, and continuing education credit tuition, tuition-related course and fee charges, [and] any other charges to students, and funds from the student scholarship and assistance special fund pursuant to section 304-16.6, except as provided by law. Moneys deposited into the fund shall be expended to maintain or improve the university's programs and operations and shall not be:

(1) Used as a justification for reducing any budget request or allotment to the University of Hawaii unless the university requests such a reduction;

(2) Transferred unless otherwise authorized by the legislature; and

(3) Restricted by the governor or the director of finance without the prior approval of the legislature.

Any rule, policy, or action of any agency or individual in contravention of this subsection shall be void as against public policy."

SECTION 2. Section 304-16.6, Hawaii Revised Statutes, is amended to read as follows:

"[[]§304-16.6[]] Student scholarship and assistance special fund. (a) There is established the student scholarship and assistance special fund to be administered by the University of Hawaii. This fund shall be used to provide financial assistance to qualified students enrolled at any campus of the University of Hawaii.

(b) Revenues deposited into this fund shall include but not be limited to state, federal, and private funds, and funds transferred by the university from the tuition and fees special fund pursuant to section 304-16.5.

(c) The board of regents, or its designated representatives, is authorized to grant, modify, or suspend scholarship and assistance funds. The University of Hawaii shall report annually to the legislature on the sources of revenue into and expenditures made from the special fund no later than twenty days before the convening of each regular session of the legislature. This report shall include but not be limited to the number of tuition waivers, scholarships, and stipends.

[[](d)[]] This fund is not intended to provide loans or keep track of payback provisions.

(e) The university may transfer funds from the student scholarship and assistance special fund into the tuition and fees special fund established pursuant to section 304-16.5."

SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 4. This Act shall take effect upon its approval.