Requests the Board of Regents to update the statewide comprehensive financial aid plan.
Impact
The resolution requests an update to a plan that has not seen revisions since 2007, thereby emphasizing the need for contemporary and relevant financial aid options. With a significant portion of Louisiana's working-age population lacking the necessary educational qualifications to participate fully in the economy, enhancing the financial aid framework could facilitate greater access to postsecondary education for these individuals. This move is positioned as a strategy to fill workforce gaps within the state by addressing barriers to education and training.
Summary
Senate Resolution 114 urges and requests the Board of Regents of Louisiana to update the state's comprehensive financial aid plan. The resolution is aimed at ensuring that the financial aid plan better meets the needs of prospective students, particularly both traditional and non-traditional learners, while also linking them with careers that align with the demands of Louisiana's economy. The significance of this resolution reflects a recognition of the changing educational landscape and the necessity for financial support to adapt it to current workforce requirements.
Sentiment
The sentiment surrounding SR114 appears largely supportive, particularly among those advocating for educational access and workforce development. Proponents view the update of the financial aid plan as a crucial step toward empowering more individuals to pursue higher education and improve their economic prospects. However, there may be concerns over the effectiveness and implementation of any new measures put forth by the Board of Regents, suggesting a need for careful evaluation of the proposed changes.
Contention
While SR114 garners support for its efforts to revitalize the financial aid system, the resolution indicates a need for comprehensive consultation with various educational management boards, hinting at potential contention regarding the best methods to achieve the desired outcomes. As stakeholders from different educational systems are involved, there could be debates on priorities, the allocation of funds, and the specific measures that should be included in the revised financial aid plan.
Requests the Board of Regents and the postsecondary education management boards to conduct a comprehensive study of student articulation and transfer in the state.
Requests that the Board of Regents, in collaboration with the Louisiana Student Financial Assistance Commission, study and make recommendations relative to student financial aid
Requests that the Bd. of Regents and the State Bd. of Elementary and Secondary Education, with the Taylor Foundation, La. Office of Student Financial Assistance, public postsecondary education management boards, and certain others, study certain issues relative to TOPS
Requests the Board of Regents to review and consider revising its master plan relative to the plan's goal of increasing postsecondary educational attainment
Requires the Board of Regents to conduct a comprehensive review of the postsecondary needs of the state and each of its regions. (See Act) (EN NO IMPACT See Note)