Wisconsin Statutes 38.42 – Grants to meet emergency financial need
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Wisconsin Statutes 38.42
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Year: means a calendar year, unless otherwise expressed; "year" alone means "year of our Lord". See Wisconsin Statutes 990.01
(1) In this section:
(a) “Eligible student” means a student enrolled in a technical college whose financial need meets the eligibility criteria for a grant from the Federal Pell Grant Program.
(b) “Financial emergency” means an unplanned event causing an unanticipated expense, such as charges for medical treatment or vehicle repair, that would cause an eligible student to not complete that term if a grant were not available to cover the expense, but does not include such expenses as those for tuition, textbooks, student fees, alcohol or tobacco, groceries, entertainment, legal services, or fines or forfeitures resulting from legal violations.
(2) From the appropriation under s. 20.292 (1) (e), no later than September 1, 2016, and by September 1 of each year thereafter, the board shall distribute funds to the districts for payment of grants under this section. These funds may not be used by the districts for any other purpose. The amount distributed by the board to each district shall be determined by the board based on the anticipated need and demand for grants at each technical college.
(3)
(a) Subject to pars. (b) to (d), each technical college may award grants to eligible students to pay the student’s expense resulting from a financial emergency. In evaluating a grant application, the technical college shall, in its discretion and based on its best judgment, determine whether the student has incurred a legitimate financial emergency.
(b) No grant may be awarded to a student unless the student has submitted with the grant application written proof, such as a bill, identifying the nature and amount of the expense and the 3rd party to whom this amount is owed.
(c) A technical college may not award more than 2 grants under this section to the same student in any academic year. The total of all grants made to a student under this section in the same academic year may not exceed $1,000.
(d) A grant under this section may not be disbursed in cash. The grant funds shall be disbursed in any of the following ways:
1. By check made payable to the student and delivered to the student.
2. By check made payable to the 3rd party identified under par. (b) and delivered to the 3rd party or to the student.
3. By electronic fund transfer or other electronic deposit to an account maintained by the student at a financial institution.
(4) Each technical college shall create or adopt a brief application process and designate an employee with the authority to disburse the grant funds to eligible students. A decision on a grant application, and disbursement of grant funds to a student if a grant is awarded, shall be made within 5 business days of the student’s application.
(5) If a student applies for a 2nd grant under this section within the same academic year, a technical college shall require the student to undergo a financial counseling session with a financial aid professional before the grant may be awarded.
(6)
(a) Each technical college shall collect, for each academic year, the following information related to the grant program under this section:
1. The number of grants awarded.
2. The number of grant requests denied.
3. The number of students receiving grants.
4. The total amount of grant money awarded.
5. The total amount of grant money available but not awarded.
6. The number of students who received a grant and completed their degree or credential.
7. The number of students who received a grant and transferred to another postsecondary institution.
8. The number of students who received a grant and did not complete the term in which the grant was awarded.
9. The types of expenses for which students requested grants.
(b) By September 1 of each year, each district shall report to the board the information collected under par. (a), for the academic year ending in that calendar year, and the board shall submit a report of this information to the chief clerk of each house of the legislature, for distribution to the appropriate standing committees under s. 13.172 (3) having jurisdiction over matters relating to colleges and universities.