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SB-1293 Student financial aid.(2013-2014)

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CALIFORNIA LEGISLATURE— 2013–2014 REGULAR SESSION

Senate Bill
No. 1293

Introduced by Senator Knight

February 21, 2014

An act to amend Section 69504 of the Education Code, relating to student financial aid.


LEGISLATIVE COUNSEL'S DIGEST


SB 1293, as introduced, Knight. Student financial aid.
Existing law establishes various student financial aid programs that are funded by the state or a public postsecondary educational institution. Existing law provides that certain provisions applicable to state-funded, need-based student grants do not regulate the awarding of scholarships that are privately funded.
This bill would make a nonsubstantive change to these provisions.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 69504 of the Education Code is amended to read:

69504.
 The provisions of this article apply to all need-based student grants that are funded by the state or a public postsecondary educational institution. Nothing in this This article shall be construed as attempting to does not regulate the selection or awarding of scholarships to applicants by the state or a public postsecondary educational institution where the scholarships are funded and awarded pursuant to the terms of a private endowment, trust, or similar instrument.