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<p class="MsoNormal"><span style="font-size:14.0pt">Attached is a copy of the agenda item from the recent State Regents’ meeting which proposes changes to the Oklahoma’s Promise program policies to implement the legislative amendments in SB 529 from the 2017
session. The proposed changes will go through the state’s Administrative Procedures process which has the following steps.<o:p></o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-.25in;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="font-size:14.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:14.0pt">The State Regents “posted” the proposed changes on October 19. This allows the public to see the proposed changes before the State Regents take any action on the proposed changes.<o:p></o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-.25in;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="font-size:14.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:14.0pt">There will be a period available for public comment that will end January 1, 2018.<o:p></o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-.25in;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="font-size:14.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:14.0pt">The State Regents will likely consider action on the proposed changes at their meeting on February 1, 2018.<o:p></o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-.25in;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="font-size:14.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:14.0pt">If approved by the State Regents, the proposed changes will be submitted to the Legislature and the Governor for their consideration during the legislative session.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Most of the proposed changes simply reflect the amendments to the program in SB 529. However, one of the legislative amendments required the State Regents to set a cap on the number of credit hours for which
the scholarship will pay in college. As shown in the agenda item, the State Regents are proposing a general limit of 129 credit hours with exceptions for students enrolled in degree programs that require more than 129 credit hours. The proposed cap would
apply to OKPromise students graduating high school in 2018 and thereafter. You can find more details about this change in the analysis on pages 2-3 and the actual policy language on page 8.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Let me know if you have any questions.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Bryce<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal">Bryce Fair<o:p></o:p></p>
<p class="MsoNormal">Associate Vice Chancellor for Scholarships & Grants<o:p></o:p></p>
<p class="MsoNormal">Oklahoma State Regents for Higher Education<o:p></o:p></p>
<p class="MsoNormal">P.O. Box 108850<o:p></o:p></p>
<p class="MsoNormal">Oklahoma City, OK 73101-8850<o:p></o:p></p>
<p class="MsoNormal">Phone: 405-225-9162<o:p></o:p></p>
<p class="MsoNormal">Email: <a href="mailto:bfair@osrhe.edu">bfair@osrhe.edu</a><o:p></o:p></p>
<p class="MsoNormal">Fax: 405-225-9230<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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