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Bill would expand Tuition Equalization Grant eligibility; state official says funds likely sufficient
Summary
Senate Bill 149 would expand the Tuition Equalization Grant (TEG) to allow an additional category of four-year institutions to participate; state fiscal staff told the committee the change appears to require a first-year appropriation of about $1.7 million and, to their knowledge, only one institution would meet the bill’s new parameters.
Senator Heckman presented Senate Bill 149, which would alter eligibility rules for Georgia’s Tuition Equalization Grant (TEG) so that certain newly qualified four-year private institutions could receive TEG awards.
"This is Georgia tuition equalization grant program and that program encourages Georgia residents to attend eligible private colleges in Georgia by aiding towards educational costs," Senator Heckman said, noting the program was created in 1971 and currently provides $550 per semester and $367 per quarter to eligible students.
Heckman said the bill would retain rigorous institutional standards while allowing more students to participate as workforce needs change.…
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