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Fund Reference Manual

Fund 496 - Educator Conditional Scholarship Account

Authority: RCW 28B.102.080
Admin Agency: Student Achievement Council - 3400
Cash Type: 2 - Treasury Trust Fund
SAAM Budget Type: Mixed (Part Approp Or Allot/Part Nonapprop) (M)
Earnings from Investments are: Retained by this fund under RCW 43.79A.040(4)(b).
Description: Creates a conditional scholarship and loan repayment program, authorizing SAC to repay, in whole or in part, federal student loans of teachers who perform qualified service.
Sources of Revenue: Appropriations, grants & donations from public & private sources, loan repayments, interest earnings
Clientele: Teachers
Effective Date: 06/10/2004

ACFR Information

Account Code: 496
Account Title: Educator Conditional Scholarship Account
Fund Type: BA - Special Revenue Funds
Rollup Fund: BG - Higher Education Fund
Closing GL Code: 9310 - Committed for Higher Education