164.786 Dual Credit Scholarship Program.
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/ky/chapter-164/164-786A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)For purposes of this section:
(a)"Academic term" means the fall or spring academic semester;
(b)"Academic year" means July 1 through June 30 of each year;
(c)"Approved dual credit course" means a dual credit course developed in
accordance with KRS 164.098 and shall include:
1. General education courses that meet the criteria outlined in the statewide
general education core approved by the Council on Postsecondary
Education; and
2. Career and technical education courses within a career pathway
approved by the Kentucky Department of Education that leads to an
industry-recognized credential;
(d)"Authority" means the Kentucky Higher Education Assistance Authority;
(e)"Dual credit" has the same meaning as in KRS 158.007;
(f)"Dual credit tuition rate ceiling" means one-third (1/3) of the per credit hour
tuition amount, rounded down to the nearest whole dollar, charged by the
Kentucky Community and Technical College System for in-state students;
(g)"Eligible high school student" means a student who:
1. Is a Kentucky resident;
2. Is enrolled in a Kentucky high school;
3. Has completed a thirty
(30)minute college success counseling session;
and
4. Is enrolled, or accepted for enrollment, in an approved dual credit course
at a participating institution;
(h)"Participating institution" means a postsecondary institution that:
1. Has an agreement with the authority for the administration of the Dual
Credit Scholarship Program;
2. Charges no more than the dual credit tuition rate ceiling per credit hour,
including any additional fees, for any approved dual credit course it
offers to any Kentucky public or nonpublic high school student;
3. Does not charge any tuition or fees to an eligible high school student for
an approved dual credit course beyond what is paid by the Dual Credit
Scholarship Program when the course is not successfully completed; and
4. Is a:
a. Kentucky Community and Technical College System institution;
b. Four
(4)year Kentucky public college or university; or
c. Four
(4)year private college or university that is accredited by the
Southern Association of Colleges and Schools and whose main
campus is located in Kentucky; and
(i)"Successfully completed" means a student receiving both secondary and
postsecondary credit upon completion of an approved dual credit course.
(2)To promote dual credit coursework opportunities at no cost to eligible Kentucky
high school students, the General Assembly hereby establishes the Dual Credit
Scholarship Program.
(3)In consultation with the Council on Postsecondary Education and the Kentucky
Department of Education, the authority shall administer the Dual Credit Scholarship
Program and shall promulgate administrative regulations in accordance with KRS
Chapter 13A as may be needed for the administration of the program.
(a)Each high school shall apply to the authority for dual credit scholarship funds
for each eligible high school student.
(b)The authority may award a dual credit scholarship to an eligible high school
student for an academic term on a first-come, first-served basis by application
date, to the extent funds are available for that purpose.
(c)An eligible high school student may receive a dual credit scholarship for a
maximum of:
1. Two
(2)career and technical education dual credit courses per academic
year; and
2. Two
(2)general education dual credit courses over the junior and senior
year.
(d)The dual credit scholarship award amount shall be equal to the amount
charged by a participating institution, not to exceed the dual credit tuition rate
ceiling for each dual credit hour.
(e)Dual credit scholarship funds shall not be used for remedial or developmental
coursework.
(5)Each participating institution shall submit information each academic term to the
authority required for the administration of the scholarship as determined by the
authority.
(6)The authority shall provide an annual report to the secretary of the Education and
Labor Cabinet, the president of the Council on Postsecondary Education and the
commissioner of the Kentucky Department of Education to include:
(a)The number of students, by local school district and in total, served by the
Dual Credit Scholarship Program; and
(b)The number of general education and career and technical education dual
credits earned by students by high school and in total.
(7)By May 31 of each year, the Kentucky Center for Statistics, in collaboration with
the authority, shall publish data on the Dual Credit Scholarship Program's academic
and workforce outcomes. The center shall annually provide a report on the data to
the Interim Joint Committee on Education.
(a)The Dual Credit Scholarship Program trust fund is hereby created as a trust
fund in the State Treasury to be administered by the Kentucky Higher
Education Assistance Authority for the purpose of providing scholarships
described in this section.
(b)The trust fund shall consist of state general fund appropriations, gifts and
grants from public and private sources, and federal funds.
(c)Any unallotted or unencumbered balances in the trust fund shall be invested
as provided in KRS 42.500(9). Income earned from the investments shall be
credited to the trust fund.
(d)Notwithstanding KRS 45.229, any fund balance at the close of the fiscal year
shall not lapse but shall be carried forward to the next fiscal year.