The bill permits students to enroll on a part-time or full-time basis (at least six credit hours per semester,) but students must maintain satisfactory academic progress toward completion of the promise-eligible program and complete the program within 30 months from the first award. Upon completion of the program, students must reside and work in Kansas for a minimum of two consecutive years or enroll in a Kansas institution of higher education and subsequently reside and work in Kansas for a minimum of two consecutive years.
If any condition of the agreement is not met and the student is not found to otherwise have satisfied the requirements in accordance with the Kansas Promise Scholarship Act, the student must repay the scholarship plus accrued interest (at the federal PLUS program interest rate) within six months after failure to satisfy the agreement. Causes for repayment would include if a student changes enrollment to an in-eligible program. The bill allows for installment payments on the indebtedness, and the Board of Regents is authorized to transfer repayment accounts to a loan servicer or collections agency. Requirements may be postponed by the Board of Regents for “good cause.”
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