GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2011
H 2
HOUSE BILL 1049
Committee Substitute Favorable 6/12/12
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Short Title: Bladen Community College Fed Loan Program. |
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May 23, 2012
A BILL TO BE ENTITLED
AN ACT TO PROVIDE THAT bladen COMMUNITY COLLEGE MAY OPT OUT OF PARTICIPATION IN THE WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 115D-40.1(e) reads as rewritten:
"(e) Exception to Participation in Federal Loan Programs. - Notwithstanding subsection (d) of this section, the board of trustees of a college may adopt a resolution declining to participate in the William D. Ford Federal Direct Loan Program. The board of trustees of any college that has declined to participate in the William D. Ford Federal Direct Loan Program through the adoption of a resolution may rescind the resolution and participate in the Program but shall not have the authority to again decline participation in the Program.
This subsection applies only to Alamance Community College,
Beaufort County Community College, Bladen Community College, Brunswick
Community College, Caldwell Community College and Technical Institute, Central
Carolina Community College, Central Piedmont Community College, Cleveland
Community College, Gaston College, James Sprunt Community College, Lenoir
Community College, Martin Community College, Mitchell Community College,
Montgomery Community College, Pamlico Community College, Randolph Community
College, Richmond Community College, Robeson Community College, Rockingham Community
College, Rowan-Cabarrus Community College, Sandhills Community College, andStanly
Community College, Surry Community College, andSampson Community
College, South Piedmont Community College, andVance-Granville Community
College, and Wilkes Community College."
SECTION 2. This act is effective when it becomes law.