General Assembly Committee Bill No. 399 January Session, 2015 LCO No. 5157 *_____SB00399HED___031315____* Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT Introduced by: (HED) General Assembly Committee Bill No. 399 January Session, 2015 LCO No. 5157 *_____SB00399HED___031315____* Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT Introduced by: (HED) AN ACT CONCERNING REPORTING REQUIREMENTS OF THE UNIVERSITY OF CONNECTICUT AND THE BOARD OF REGENTS FOR HIGHER EDUCATION REGARDING FINANCIAL AID. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective July 1, 2015) Not later than November 1, 2015, and annually thereafter, The University of Connecticut and the Board of Regents for Higher Education shall submit a report, in accordance with the provisions of section 11-4a of the general statutes, to the joint standing committee of the General Assembly having cognizance of matters relating to higher education describing how financial aid was awarded to its undergraduate students during the previous academic year. Such report shall include, but need not be limited to, a separate description for in-state and out-of-state students of the aggregate amount of (1) financial aid funding available, (2) need-based financial aid awarded, and (3) merit-based financial aid awarded. This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2015 New section This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2015 New section HED Joint Favorable HED Joint Favorable