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22) will likely include a 80 percent reduction in funding for the TOPS college scholarship program for the 2018-2019 school year.That type of cut would affect incoming freshmen and students already enrolled in college that use TOPS to pay for school. John Bel Edwards is having to include massive reductions to several government programs in his budget proposal for the next fiscal year because more than a billion dollars in temporary state taxes are set to expire July 1.
The proportion of the TOPS budget going to people who come from households with more than $150,000 in income annually went from 11 percent in the 2005-2006 school year to 20 percent in 2014-2015.
The percentage of TOPS for students from households making between $100,000 and $149,000 per year also increased, though not nearly as much, according to the Louisiana House fiscal office.
The state spent $292 million on TOPS during the 2016-2017 academic year, according to the Louisiana Office of Student Financial Assistance.
"To me, it is unconscionable to think we would renege on the TOPS promise," said Henderson, who oversees several campuses, including the University of New Orleans.
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Louisiana legislators and higher education leaders have been told that the state budget proposal that will be presented Monday (Jan.
The Edwards administration hasn't yet finalized its budget proposal that will be released Monday, so the precise reduction to TOPS could still fluctuate.
But several legislators, including Senate President John Alario, R-Westwego, said they had heard all of the state's discretionary funding that goes to TOPS would be eliminated.
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"Unfortunately, I don't believe there are a lot of other places that could be cut right now." In the event of a funding shortfall, TOPS awards to students are cut on a pro-rata basis -- meaning every student who qualifies for TOPS will get the same percentage of the original award they were supposed to receive.Tags: Adult Dating, affair dating, sex dating