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GSFC outlines dual‑enrollment increases, HOPE and Promise adjustments in FY2026 amendment
Summary
Chris Green, president of the Georgia Student Finance Commission, told the subcommittee the governor’s FY2026 amendments include line‑item changes: a small staff supplement, an $18 million increase for dual enrollment, HOPE adjustments and an $85 million reduction for the Promise scholarship projection.
Chris Green, president of the Georgia Student Finance Commission, presented the governor’s recommended amended FY2026 changes for student finance programs, detailing line items and program reserve uses.
Green briefed the committee on several adjustments in the governor’s tracking sheet. He noted an increase of $245,000 for GSFC employee one‑time supplements and a recommended increase of $18,000,000 for the dual enrollment program "to meet the projected need." He also described smaller adjustments for program scholarships (for example, a $927,000 recommendation for HOPE scholarships and a separate $11,200,000 recommendation for HOPE public awards to meet projected demand in the amended year) and a recommended decrease of $85,000,000 tied to the first‑year application experience for the Promise scholarship program.
On military‑affiliated scholarships, Green explained the University of North Georgia Service Scholarship as an older, coded program that provides a full‑ride in exchange for a service commitment; he said costs previously covered by program reserves have been exhausted, prompting a new funding request.
Committee members clarified that HOPE scholarship distribution guidelines are statutory and set by the legislature. Green said GSFC acts as fiscal agent and follows statutory direction for HOPE public and private awards; he said the commission is prepared to partner in administration of any endowment disbursement mechanism the legislature endorses, though GSFC expressed concern that fundraising and long‑term fundraising strategy would remain a foundation activity rather than GSFC’s primary role.
Green concluded by offering to answer follow‑ups and noting that the nonpublic postsecondary education commission (NPEC) attached to GSFC has a small recommended increase for its operations.
