Vermont § 1561 - Tuition reduction

§ 1561. Tuition reduction

• (a) In this section: (1) “Student” means a Vermont secondary student without a diploma regardless of age and
  regardless of whether the student is enrolled in a high school in Vermont. (2) “Full-time equivalent student” means the average of a Vermont school district’s three
  prior years’ full-time equivalent enrollment of students in the career technical center. (b) On behalf of a sending school district within Vermont, a career technical center shall
  receive from the Education Fund for each full-time equivalent student from the district
  87 percent of the base education amount, and an equivalent amount shall be subtracted
  from the amount due to the sending district under section 4011 of this title. The amount sent to the career technical center and subtracted from the sending district
  shall be considered a revenue and an expenditure of the district and shall be reported
  as such in appropriate accounts and in the district’s annual budget. (c) Annually, the General Assembly shall appropriate funds to pay for a supplemental assistance
  grant per full-time equivalent student. The amount of the grant shall be equal to
  35 percent of the base education amount for that year. (d) In any year following a year in which fall semester full-time equivalent enrollment
  of students at a career technical center increased by 20 percent or more over the
  previous fall semester, in addition to other aid, the career technical center shall
  receive an extra supplemental assistance grant equal to two-thirds of the 35 percent
  of the base education amount for that year, multiplied by the actual full-time equivalent
  enrollment increase. The next year, if the increase in fall semester full-time equivalent
  enrollment is less than 20 percent, in addition to other aid, the career technical
  center shall receive an extra supplemental assistance grant equal to one-third of
  the 35 percent of the base education amount for the year, multiplied by the actual
  full-time equivalent increase of the previous fall semester. (Added 1983, No. 247 (Adj. Sess.), § 1; amended 1987, No. 46, § 3, eff. May 13, 1987; 1987, No. 238 (Adj. Sess.), §§ 10, 10a; 1991, No. 204 (Adj. Sess.), §§ 6, 7; 1997, No. 138 (Adj. Sess.), § 12, eff. July 1, 1999; 2001, No. 63, § 164b; 2003, No. 68, § 18, eff. June 18, 2003; 2003, No. 76 (Adj. Sess.), § 26, eff. Feb. 17, 2004; 2003, No. 122 (Adj. Sess.), § 188; 2005, No. 54, § 12; 2009, No. 44, §§ 18, 19, eff. May 21, 2009.)