Common use of FINANCIAL AID FOR SWIFT TRANSFER Clause in Contracts

FINANCIAL AID FOR SWIFT TRANSFER. (FAST) PROGRAM The state of Texas has created the Financial Aid for Swift Transfer (FAST) program which provides funding to colleges so they can offer dual credit courses to educationally disadvantaged students at no cost to these students. The Texas Education Code (TEC) defines “educationally disadvantaged” as those students eligible for the national free/reduced price lunch program. These students are referred to as FAST eligible students. Students are “eligible students” under the FAST program if they (1) are enrolled in an eligible dual credit course at a public school district or charter school and (2) were qualified for free/reduced-price lunch in any of the four school years before enrolling in the dual credit course. By statute, the FAST program requires that FAST eligible students at participating institutions incur no cost for their dual credit coursework. A FAST eligible student will not pay tuition and fees for an eligible dual credit course. Books, supplies, and other course materials must also be provided at no cost to a FAST eligible student. Dual Credit Courses eligible for FAST funding are those offered through either TEC, Section 130.008, Courses for Joint High School and Junior College Credit (see Texas Administrative Code, Chapter 4, Subchapter D, Rules 4.81–4.85), or other courses offered by a public institution of higher education for which a high school student may earn credit. By statute, the courses must also satisfy at least one of the following: • A requirement necessary to obtain an associate degree or an industry- recognized credential or certificate (using the definition of industry- recognized credential or certificate that is established for other parts of House Bill 8) • A foreign language requirement at an institution of higher education • A core curriculum requirement • A field of study requirement Eligibility for the FAST program is determined by the Texas Higher Education Coordinating Board (THECB). Each semester, the College is required to submit a roster of dual credit students to THECB for verification of FAST eligibility. In order to prepare and submit this roster, the District/School agrees to identify and verify to the College the students enrolling in the Dual Credit Program that meet the eligibility requirements for the FAST program. This verification shall occur by August 5th. Students are eligible to enroll at no cost in a dual credit course under the FAST program if the student meets the following:

Appears in 15 contracts

Samples: www.blinn.edu, blinn.edu, www.blinn.edu

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FINANCIAL AID FOR SWIFT TRANSFER. (FAST) PROGRAM The state of Texas has created the Financial Aid for Swift Transfer (FAST) program which provides funding to colleges so they can offer dual credit courses to educationally disadvantaged students at no cost to these students. The Texas Education Code (TEC) defines “educationally disadvantaged” “educationally disadvantaged” as those students eligible for the national free/reduced price lunch program. These students are referred to as FAST eligible students. Students are “eligible students” “eligible students” under the FAST program if they (1) are enrolled in an eligible dual credit course at a public school district or charter school and (2) were qualified for free/reduced-price lunch in any of the four school years before enrolling in the dual credit course. By statute, the FAST program requires that FAST eligible students at participating institutions incur no cost for their dual credit coursework. A FAST eligible student will not pay tuition and fees for an eligible dual credit course. Books, supplies, and other course materials must also be provided at no cost to a FAST eligible student. Dual Credit Courses eligible for FAST funding are those offered through either TEC, Section 130.008, Courses for Joint High School and Junior College Credit (see Texas Administrative Code, Chapter 4, Subchapter D, Rules 4.81–4.854.81—4.85), or other courses offered by a public institution of higher education for which a high school student may earn credit. By statute, the courses must also satisfy at least one of the following: A requirement necessary to obtain an associate degree or an industry- recognized credential or certificate (using the definition of industry- recognized credential or certificate that is established ix xxtablished for other parts of House Bill 8) A foreign language requirement at an institution of higher education A core curriculum requirement A field of study requirement Eligibility for the FAST program is determined by the Texas Higher Education Coordinating Board (THECB). Each semester, the College is required to submit a roster of dual credit students to THECB for verification of FAST eligibility. In order to prepare and submit this roster, the District/School agrees to identify and verify to the College the students enrolling in the Dual Credit Program that meet the eligibility requirements for the FAST program. This verification shall occur by August 5th. Students are eligible to enroll at no cost in a dual credit course under the FAST program if the student meets the following:

Appears in 14 contracts

Samples: www.blinn.edu, www.blinn.edu, www.blinn.edu

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FINANCIAL AID FOR SWIFT TRANSFER. (FAST) PROGRAM The state of Texas has created the Financial Aid for Swift Transfer (FAST) program which provides funding to colleges so they can offer dual credit courses to educationally disadvantaged students at no cost to these students. The Texas Education Code (TEC) defines “educationally disadvantaged” as those students eligible for the national free/reduced price lunch program. These students are referred to as FAST eligible students. Students are “eligible students” under the FAST program if they (1) are enrolled in an eligible dual credit course at a public school district or charter school and (2) were qualified for free/reduced-price lunch in any of the four school years before enrolling in the dual credit course. By statute, the FAST program requires that FAST eligible students at participating institutions incur no cost for their dual credit coursework. A FAST eligible student will not pay tuition and fees for an eligible dual credit course. Books, supplies, and other course materials must also be provided at no cost to a FAST eligible student. Dual Credit Courses eligible for FAST funding are those offered through either TEC, Section 130.008, Courses for Joint High School and Junior College Credit (see Texas Administrative Code, Chapter 4, Subchapter D, Rules 4.81–4.85), or other courses offered by a public institution of higher education for which a high school student may earn credit. By statute, the courses must also satisfy at least one of the following: • A requirement necessary to obtain an associate degree or an industry- recognized credential or certificate (using the definition of industry- recognized credential or certificate that is established for other parts of House Bill 8) • A foreign language requirement at an institution of higher education • A core curriculum requirement • A field pay the State of study requirement Eligibility Texas approved tuition rate for the FAST program is determined current academic year. _________ Option 2: IF, a qualified and approved instructor employed by the Texas Higher Education Coordinating Board District is utilized for a course and the College does not pay the selected instructor a faculty overload rate; THEN, a NON-FAST student would only pay $20 per credit hour (THECBe.g. $60 for a three (3) credit hour course, or $80 for a four (4) credit hour course). Each semesterAdditionally, under this option, the College is required to submit District will receive a roster reimbursement of service payment of $500 for each course section of dual credit credit. A minimum of eight (8) students to THECB are required for verification of FAST eligibility. In order to prepare and submit this roster, the District/School agrees to identify and verify to the College the students enrolling each course in the Dual Credit Program that meet _________ Option 3: IF, a qualified and approved instructor employed by the eligibility requirements District is utilized for the FAST program. This verification shall occur by August 5th. Students are eligible to enroll at no cost in a technical (WECM) dual credit course under and the FAST program if College pays no compensation to the instructor; THEN, the tuition for each student enrolled in that course are waived (e.g. there is NO COST to the student meets for a College technical dual credit course taught on a high school campus by a high school instructor). *During the following:Term (as hereinafter defined) of this Agreement, the credit hour tuition and fees are subject to change as established by the College’s Board of Trustees or the State of Texas.

Appears in 1 contract

Samples: www.blinn.edu

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