Conforms this Rule to the changes to Rule 19B-5.004, F.A.C. The deleted issues are dealt with by Rules 19B-10.002 and 19B-11.002, F.A.C.

STATE BOARD OF ADMINISTRATION
Florida Prepaid Postsecondary Education Expense Board

RULE NO: RULE TITLE
19B-9.004: Dormitory Transfer to Community Colleges and State University-Held Residences Other than Dormitories
PURPOSE AND EFFECT: Conforms this Rule to the changes to Rule 19B-5.004, F.A.C. The deleted issues are dealt with by Rules 19B-10.002 and 19B-11.002, F.A.C.
SUBJECT AREA TO BE ADDRESSED: The transfer of dormitory benefits from State Universities to Community Colleges and other State University-held residences.
SPECIFIC AUTHORITY: 1009.971(1), (4), (6) FS.
LAW IMPLEMENTED: 1009.98 FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
TIME AND DATE: September 29, 2008, 2:00 p.m.
PLACE: Suite 210, Hermitage Building, 1801 Hermitage Boulevard, Tallahassee, Florida
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Thomas J. Wallace, Executive Director, 1801 Hermitage Boulevard, Suite 210, Tallahassee, Florida 32308, telephone [phone]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS:

19B-9.004 Dormitory Transfers to Community Colleges and State University-Held Residences Other than Dormitories.

(1) A dormitory plan may be transferred to a community college or community college direct-support organization that operates a residence facility for students attending the community college. Funds transferred to the community college or community college direct-support organization shall not exceed the lesser of the actual fees charged by the community college or the community college direct-support organization for dormitories or residency opportunities or the average fees charged for state university dormitories designated for inclusion in the Program. If the actual dormitory fees charged by the community college or community college direct-support organization are less than the original purchase price of the dormitory plan, the purchaser may cancel the dormitory plan and receive a refund of the original purchase price or may seek a refund for a two-semester proportionate share of the original purchase price without canceling the balance of the benefits purchased.

(2) No change.

Specific Authority 1009.971(1), (4), (6) FS. Law Implemented 1009.98(3) FS. History–New 10-20-96, Amended________.