Missouri Code of State Regulations › Title 6 - DEPARTMENT OF HIGHER EDUCATION AND WORKFORCE DEVELOPMENT › Division 10 - Commissioner of Higher Education › Chapter 2 - Student Financial Assistance Programs › Section 6 CSR 10-2.170 - Kids Chance Scholarship Program

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This amendment updates gender-specific
				  language, clarifies the citizenship requirement, and adds a policy for award
				  disbursement and delivery.
PURPOSE: This amendment updates the definition of
				  institution of postsecondary education or approved institution to reflect
				  statutory revisions.
(1)
				Definitions.
(A) Academic year shall be from
				July 1 of any year through June 30 of the following year.
(B) Applicant means an eligible child, as
				defined in this rule, who applies for a Kids' Chance scholarship.
(C) Award year shall be from July 1 of any
				year through June 30 of the following year, excluding summer terms.
(D) Consortium agreement means a written
				agreement between two (2) or more approved institutions that allows students to
				take courses at a school other than the home school and have those courses
				count toward the degree or certificate at the home school and that complies
				with United States Department of Education requirements for federal student
				financial assistance.
(E)
				Coordinating board, CBHE, or board is the Coordinating Board for Higher
				Education created by section
				173.005,
				RSMo.
(F) Department means the
				Department of Higher Education created by section
				173.005,
				RSMo.
(G) EFC means Expected Family
				Contribution, the amount of money a student and family should pay toward the
				cost of post-secondary education as calculated annually by the United States
				Department of Education as a result of an official federal need analysis based
				on the student's federal need-based aid application form.
(H) Eligible child is a natural child,
				adopted child, or stepchild who meets the requirements set forth in section
				173.254,
				RSMo, and this regulation.
(I)
				Initial recipient means any applicant who has filed an accurate and complete
				application by the deadline established by the CBHE for the Kids' Chance
				program and has not received a Kids' Chance award in any prior academic year.
(J) Institution of postsecondary
				education or approved institution means any institution located in the state of
				Missouri that meets the requirements set forth in sections
				173.1102(2) or (3),
				RSMo, and that has been approved under
				6 CSR
				10-2.140.
(K) Kids' Chance or scholarship program shall mean the
				Kids' Chance Scholarship Program set forth in sections
				173.254
				through
				173.258,
				RSMo.
(L) Kids' Chance Inc. of
				Missouri means the registered Missouri nonprofit corporation established to
				provide scholarships for tuition, education materials, living expenses, and
				other related incidental expenses for education to children of employees who
				have been seriously injured or killed in work-related accidents which have been
				either judicially determined to be, or accepted as, compensable under the
				Missouri Workers' Compensation Law, or any corresponding provisions of any
				future Missouri law.
(M) Missouri
				citizen, for the purpose of this rule, shall be a U.S. citizen or permanent
				resident who meets the standards set forth in the determination of student
				residency rule,
				6 CSR
				10-3.010.
(N) Renewal recipient means any applicant who has
				received a Kids' Chance award and who has filed an accurate and complete
				application by the deadline established by the department for the Kids' Chance
				program.
(O) Satisfactory academic
				progress means meeting the requirements established by the approved institution
				in which the student is enrolled for students at the approved institution to
				receive assistance under Title IV financial aid programs included in the Higher
				Education Act of 1965, with the exception of grade point average.
(P) Scholarship assistance, award, or funds
				shall be an amount of money paid by Missouri to a qualified applicant pursuant
				to the provisions of this rule.
(Q) Serious injury shall be an injury that led to a
				paid settlement or judicial award that can be identified by the injured party's
				inclusion on the Dependent Outreach List provided by the Missouri Division of
				Worker's Compensation.