Title 17, Education

There is hereby established the “First Generation Trust Fund Initiative,” which shall be administered by the Guam Department of Education (DOE), or its designee, as an incentive program to encourage GDOE high school students to pursue post-secondary learning. (a) The First Genera…

(a) The First Generation Trust Fund (Fund) is hereby created separate and apart from all other funds of the government of Guam, and shall be administered by the Superintendent of the Department of Education. (1) The Fund shall not be commingled with the General Fund, or any other…

All eligible GDOE students shall be notified by GDOE, at the commencement of each year and upon graduation, of the requirements necessary to avail of the provisions of this Chapter, and of the amount potentially available towards college registration, enrollment, or tuition fees.…

(a) To be eligible for a First Generation Trust Fund Initiative scholarship towards college registration, enrollment and tuition, a COL9192018 AND FIRST GENERATION TRUST FUND INITIATIVE GDOE graduate must be enrolled in a GDOE public high school at the time of graduation. (b) Any…

The DOE, with the local public education institutions, namely, UOG and GCC, have each committed to the Initiative and agree to invest through the following sources: (a) One Hundred Thousand Dollars ($100,000) shall be funded by the DOE and released by June 2016, and shall continu…

An independent evaluation, paid for by the Fund, shall be conducted after the seventh (7th) year of the enactment of this Act to determine if the program has met its goals, one of which is to increase the number of GDOE graduates enrolled at the UOG and GCC. SOURCE: Added as § 14…

The Initiative shall come to an end by the eighth (8th) year of its enactment unless new legislation is duly enacted authorizing its continuation. Any remaining funds at the sunset date shall be distributed accordingly to DOE, GCC and UOG based on the proportion of contributions …

Notwithstanding any other provision of law, the funds appropriated in this Act in each fiscal year shall not lapse and shall continue to be available until fully expended, and shall not be subject to any transfer authority of I Maga’lahen Guåhan or any inter-fund borrowing, or us…

(a) The Guam DOE shall submit an annual written report of the activities of the Initiative and the Fund to I Maga’lahen Guåhan and to the Speaker of I Liheslaturan Guåhan. COL9192018 AND FIRST GENERATION TRUST FUND INITIATIVE (b) The DOE shall promulgate rules and regulations for…

(a) The Office of Public Accountability (OPA) shall perform an annual audit of the Fund and the compliance of the GDOE with the expenditures of such funds, in accordance with the administration and exclusive purposes of this Act. (b) The OPA shall prepare and provide a written re…

(a) Nothing in this Chapter shall be construed to waive sovereign immunity of the government of Guam in regards to this Initiative, or to: (1) give a designated beneficiary any rights or legal interest with respect to an account; (2) guarantee that a designated beneficiary: (A) w…