Louisiana Senate Bill SR114

Louisiana 2018 Regular Session

• Introduced: 4/16/18
• Refer: 4/17/18
• Report Pass: 4/30/18
• Passed: 5/1/18

Caption

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.