During a recent Senate Finance meeting, discussions centered on the funding for New Hampshire's dual and concurrent enrollment program, which is crucial for high school students seeking to earn college credits. The governor initially proposed a budget of $3 million per year for this program, but the House reduced it to $2.5 million. Senators are now considering an amendment to restore funding by an additional $500,000 annually to meet the governor's original recommendation.
Chancellor Mark Rubinstein of the Community College System emphasized the importance of this funding, noting that it supports approximately 3,000 students each year and has a significant impact on their educational and financial futures. The program allows high school students to earn college credits, potentially reducing their tuition costs and time to degree completion. In the past year, over 10,800 students participated in the early college program, generating nearly $14 million in tuition savings.
The meeting also highlighted concerns regarding proposed changes to federal Pell Grant eligibility, which could disproportionately affect part-time students. Many community college students enroll in fewer than the required credits to qualify for these grants due to work and family obligations. If these changes are implemented, it could lead to a loss of financial support for up to 2,000 students, hindering their ability to complete their degrees.
Senators expressed their commitment to addressing these funding challenges, recognizing the dual enrollment program's role in enhancing educational access and workforce readiness in New Hampshire. As the budget discussions continue, the focus remains on ensuring that students have the necessary resources to succeed in their academic pursuits and contribute to the state's economy.