<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN">
<HTML>
<HEAD>
<META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=us-ascii">
<META NAME="Generator" CONTENT="MS Exchange Server version 6.5.7654.12">
<TITLE>Oklahoma's Promise bill signed by Governor</TITLE>
</HEAD>
<BODY>
<!-- Converted from text/rtf format -->
<BR>
<P><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">SB 982, which makes two changes in the Oklahoma's Promise program, was signed by Governor Henry on June 2 and will become law effective July 1, 2009. The two changes are:</FONT></SPAN></P>
<UL>
<LI><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Delaying implementation of the second income limit from 2010-11 to 2012-13. The second income limit requires that the student's family income may not exceed $100,000 (total taxable and nontaxable income) at the time the student starts college.</FONT></SPAN></LI>
<BR>
<LI><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Restricting the Oklahoma's Promise award amount at state system four-year institutions to the nonguaranteed tuition rate. This provision will apply to all students entering college after July 1. [Note: If necessary, 2008 freshmen that were paid the guaranteed rate may be "grandfathered" and paid the guaranteed rate.]</FONT></SPAN></LI>
<BR>
</UL>
<P><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">You can find a copy of the signed bill at </FONT></SPAN><A HREF="http://www.sos.state.ok.us/documents/Legislation/52nd/2009/1R/SB/982.pdf"><SPAN LANG="en-us"><U><FONT COLOR="#0000FF" SIZE=2 FACE="Arial">http://www.sos.state.ok.us/documents/Legislation/52nd/2009/1R/SB/982.pdf</FONT></U></SPAN></A><SPAN LANG="en-us"></SPAN>
</P>
<P><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Please let me know if you have any questions.</FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Bryce Fair</FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial"> </FONT></SPAN>
</P>
<P><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Bryce Fair </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Assoc. Vice Chancellor for Scholarships & Grants </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Oklahoma State Regents for Higher Education </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Phone: (405) 225-9162 </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Fax: (405) 225-9230 </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">E-mail: bfair@osrhe.edu </FONT></SPAN>
</P>
<P><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Mailing Address: </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">P.O. Box 108850 </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Oklahoma City, OK 73101-8850 </FONT></SPAN>
</P>
<P><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Street Address: </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">655 Research Parkway, Suite 200 </FONT></SPAN>
<BR><SPAN LANG="en-us"><FONT SIZE=2 FACE="Arial">Oklahoma City, OK 73104 </FONT></SPAN>
</P>
</BODY>
</HTML>