17 Guam Code Ann. § 54102
Terms Used In 17 Guam Code Ann. § 54102
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
I Liheslatura acknowledges that it is prudent to build Guam’s healthcare capacity. As it stands, the cost of a professional healthcare education presents a challenge for many of our local
17 Guam Code Ann. EDUCATION
CH. 54 BIRÅDA ACT
students. Students who are fortunate to attain such education tend to accept higher paying jobs in order to pay for their exorbitant investment – mainly off island. The intent of this Act is to allow Guam’s local students to attain an affordable, world-class professional healthcare education and have them come back to the island to serve our community in need.
Based on I Liheslatura’s findings, there may be a need to also create the necessary infrastructure to allow for local students to be competitive with their counterparts, and obtain acceptance into professional healthcare education programs. I Liheslatura further acknowledges the successes of the Guam Community College in implementing such programs.
The intent of this Act is to allow the Guam Community College to serve as the administrative officer of the WICHE Professional Student Exchange Program (PSEP) for Guam residents, which would allow students to pursue careers in ten (10) healthcare fields served by partner programs in WICHE member states, while receiving financial support from their state/territory to support tuition costs over the duration of a health degree. By participating in WICHE’s Professional Student Exchange Program (PSEP), western states and territories benefit by inspiring and compelling graduates to return home to practice and bolster the professional health care workforce of their communities.
This Act would establish and fund the required Scholarship Office for the WICHE PSEP within the Guam Community College. The Scholarship Office would, in turn, determine a student’s eligibility and work with I Liheslatura, community partners, and governmental stakeholders to fund the per-student, annual fee. Should a student be funded through local private entities, the student would in turn be required to fulfill their service obligation to the private sponsor. Should a student be supported through public funds, the student would then be required to fulfill their service obligation to an instrumentality of the government of Guam.