Adjusted Executive
Appropriation Request Percent
2000-01 2001-02 Change Change
AGENCY SUMMARY
General Fund 682,955,000 682,541,000 (414,000) -0.06%
Special Rev.-Fed. 6,330,000 7,400,000 1,070,000 16.90%
Special Rev.-Other 89,400,000 90,669,000 1,269,000 1.42%
Total for AGENCY SUMMARY: 778,685,000 780,610,000 1,925,000 0.25%
STATE OPERATIONS
General Fund 10,007,000 9,593,000 (414,000) -4.14%
Special Rev.-Fed. 3,930,000 5,000,000 1,070,000 27.23%
Special Rev.-Other 82,400,000 83,669,000 1,269,000 1.54%
Total for STATE OPERATIONS: 96,337,000 98,262,000 1,925,000 2.00%
Administration
General Fund 5,351,000 5,006,000 (345,000) -6.45%
Special Rev.-Other 31,703,000 34,422,000 2,719,000 8.58%
Total for Program: 37,054,000 39,428,000 2,374,000 6.41%
Guaranteed Loan Programs
Special Rev.-Fed. 3,930,000 5,000,000 1,070,000 27.23%
Special Rev.-Other 50,697,000 49,247,000 (1,450,000) -2.86%
Total for Program: 54,627,000 54,247,000 (380,000) -0.70%
Grants and Scholarships
General Fund 4,656,000 4,587,000 (69,000) -1.48%
Total for Program: 4,656,000 4,587,000 (69,000) -1.48%
AID TO LOCALITIES
General Fund 672,948,000 72,948,000 0 0.00%
Special Rev.-Fed. 2,400,000 2,400,000 0 0.00%
Special Rev.-Other 7,000,000 7,000,000 0 0.00%
Total for AID TO LOCALITIES: 682,348,000 682,348,000 0 0.00%
Scholarships and Fellowships
General Fund 21,918,000 21,918,000 0 0.00%
Special Rev.-Other 7,000,000 7,000,000 0 0.00%
Total for Program: 28,918,000 28,918,000 0 0.00%
State Grant Programs
General Fund 636,400,000 636,400,000 0 0.00%
Special Rev.-Fed. 2,400,000 2,400,000 0 0.00%
Total for Program: 638,800,000 638,800,000 0 0.00%
Tuition Awards for
Part-Time Students
General Fund 14,630,000 14,630,000 0 0.00%
Total for Program: 14,630,000 14,630,000 0 0.00%
ALL FUNDS PERSONNEL
BUDGETED FILL LEVELS
Current Requested
Program 2000-01 2001-02 Change
Administration 293 293 0
Guaranteed Loan Programs 442 442 0
Grants and Scholarships 95 95 0
Total General Fund : 142 142 0
Total All Other Funds : 688 688 0
TOTAL: 830 830 0
BUDGET HIGHLIGHTS
(Executive Budget: pp. 59-64)
The Higher Education Services Corporation administers the State's Tuition
Assistance Program (TAP), the Federal Family Education Loan Program, and other
state and federal aid programs.
The Higher Education Services Corporation is included in the Education, Labor
and Family Assistance bill.
State Operations
The Executive recommends a total State Operations appropriation of $98,262,000
for the Corporation. This represents a net increase of $1,925,000 or 2 percent.
This reflects an increase of $1,070,000 in federally supported State Operations,
a $1,269,000 increase in State Operations supported through Special Revenue
Funds and a decrease in State Operations supported by the General Fund of
$414,000 or 4.14 percent.
Aid to Localities
The Executive maintains the Aid to Localities appropriation for the Corporation
at the prior year level of $672,948,000. The Governor continues support for the
enhancements to the TAP Program which were enacted as part of the 2000-2001
State Budget. These include:
-- increasing the maximum TAP award to $5,000 over a four year period;
-- phasing out the percentage limitations on TAP awards;
-- providing college juniors and seniors with an additional increase of
$100 in their TAP awards; and
-- increasing the minimum TAP award to $500 and increasing income
eligibility to $80,000.
Improvements in the economy and related income growth in SFY 2000-01 result in
savings of $33,000,000 that offset the cost of the second year of the TAP
enhancements.
The Executive maintains support for Scholarships for Academic Excellence at the
prior year level of $14,000,000 for
the 2001-02 Academic Year.
The Executive maintains funding for the Aid to Part Time Study at the 2000-01
level of $14,630,000.