Date Requested: January 11, 2023
Time Requested: 10:24 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2004 Introduced SB1
CBD Subject: Unemployment Compensation



Sources of Revenue:

General Fund

Legislation creates:

Creates New Expense, Creates New Program

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government. The proposed bill establishes the Promise Plus program which would award additional funding to students who meet more rigorous standards. Those students will be awarded funding under the current Promise program and the proposed Promise Plus program to cover the full tuition cost at the institutions students are attending. The annual additional cost for the Promise Plus program is estimated at $11.9 million. This cost is additional to the current Promise Scholarship annual appropriations.

Fiscal Note Detail

Effect of Proposal Fiscal Year
Fiscal Year
(Upon Full
1. Estmated Total Cost 0 11,868,358 11,868,358
Personal Services 0 132,180 132,180
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 11,736,178 11,736,178
2. Estimated Total Revenues 0 0 0

Explanation of above estimates (including long-range effect):

Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years. The estimate is based on the following considerations and assumptions: - The students will meet more rigorous standards. The estimated cost below is based on students who have high school GPA of 3.75 or higher and have a composite ACT score of 26 or higher (or a composite SAT score of 1240 or higher). - The number of students per institutions is based on the average number of current Promise recipients meeting the more rigorous standards. - The additional tuition cost to be covered by Promise Plus is based on the 2022-2023 tuition cost at each institution. The cost of West Virginia community and technical colleges is estimated at the average tuition across all community and technical colleges. - The current tuition cost for private colleges and universities range between approximately $15,800 and $32,000. The current estimate for students enrolled in private institutions is set at the highest public institution tuition rate ($9,384). - Administrative cost is included to cover expenses for student tracking. The cost includes $20,000 per 1,000 students plus an additional position dedicated to Promise Plus administration.


Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form. Because the cost of the proposed bill would increase proportionately with any future increases of in-state tuition, a second scenario was calculated with a 5% tuition increase included. If tuition at the institutions increases 5%, the total cost would be $13.2 million for the Promise Plus program.

    Person submitting Fiscal Note: Robert Wallett
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