2012 Nebraska Revised Statutes
Chapter 85 - STATE UNIVERSITY, STATE COLLEGES, AND POSTSECONDARY EDUCATION
85-1540 - Nebraska Community College Student Performance and Occupational Education Grant Fund; created; use; investment.

(1) There is hereby created the Nebraska Community College Student Performance and Occupational Education Grant Fund. The fund shall be under the direction of the Nebraska Community College Student Performance and Occupational Education Grant Committee. The fund shall contain any amount available for transfer pursuant to subdivision (2) of section 85-2234 and such other amounts as may be transferred or otherwise accrue to the fund. The fund shall be used to provide aid or grants to the community colleges for (a) applied technology and occupational faculty training, instructional equipment upgrades, employee assessment, preemployment training, employment training, and dislocated worker programs benefiting the State of Nebraska or (b) programs or activities to enhance (i) student performance in the areas of degree, certificate, or diploma completion, retention, or foundations education as defined in section 85-932.01 or (ii) the collection, reporting, analysis, and utilization of student data. Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.

(2) Applications for aid or grants pursuant to this section may be submitted by a community college area independently or in collaboration with other community college areas.