RCW 28B.116.005 Findings. The legislature finds that children who grow up in the foster care system face many financial challenges. The legislature also finds that these financial challenges can discourage or prevent these children from pursuing a higher education. The legislature further finds that access to a higher education will give children who are in […]
RCW 28B.116.010 Definitions. Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter. (1) “Cost of attendance” means the cost associated with the attendance of the institution of higher education as determined by the office of student financial assistance, including but not limited to tuition, room, board, and books. (2) […]
RCW 28B.116.020 Program created—Duties of the office of student financial assistance. (1) The foster care endowed scholarship program is created. The purpose of the program is to help students who were in foster care attend an institution of higher education in the state of Washington. The foster care endowed scholarship program shall be administered by […]
RCW 28B.116.030 Award of scholarships. (1) The office may award scholarships to eligible students from the foster care scholarship endowment fund in RCW 28B.116.060, from funds appropriated to the student achievement council for this purpose, from any private donations, or from any other funds given to the office for the program. (2) The office may […]
RCW 28B.116.050 Foster care endowed scholarship trust fund. (1) The foster care endowed scholarship trust fund is created in the custody of the state treasurer. (2) Funds appropriated by the legislature for the foster care endowed scholarship trust fund shall be deposited in the foster care endowed scholarship trust fund. When conditions in RCW 28B.116.070 […]
RCW 28B.116.060 Foster care scholarship endowment fund. The foster care scholarship endowment fund is created in the custody of the state treasurer. (1) Moneys received from the office, private donations, state matching moneys, and funds received from any other source may be deposited into the foster care scholarship endowment fund. Private moneys received as a […]
RCW 28B.116.070 State matching funds—Transfer of funds from trust fund to endowment fund. (1) The office may deposit twenty-five thousand dollars of state matching funds into the foster care scholarship endowment fund when the office can match state funds with an equal amount of private cash donations. (2) After the initial match of twenty-five thousand […]