HB 1522 -- Higher Education Funding Co-Sponsors: Bearden, Luetkenhaus This bill requires that any increase in appropriations for higher education institutions be based only on the institution's enrollment and adjustments for inflation. Any increases in appropriations, except for inflation adjustments, will be dependent upon full funding for the A+ schools program and the "Challenge Scholarship," which the bill creates. Challenge scholarships will begin in calendar year 2003. The bill defines which institutions may participate and sets criteria for student eligibility. Among other criteria, eligible students must be enrolled in, but not have completed, 60 credit hours. Students who receive A+ scholarships are not eligible for a challenge scholarship. The Coordinating Board for Higher Education will establish a payment procedure to eligible institutions for the cost of tuition, books, and fees for these students.Copyright (c) Missouri House of Representatives