General Assembly Committee Bill No. 6587 January Session, 2017 LCO No. 5230 *05230HB06587HED* Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT Introduced by: (HED) General Assembly Committee Bill No. 6587 January Session, 2017 LCO No. 5230 *05230HB06587HED* Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT Introduced by: (HED) AN ACT CONCERNING THE STANDARDIZATION OF FINANCIAL AID LETTERS FOR THE CONNECTICUT STATE UNIVERSITY SYSTEM. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective July 1, 2017) The Board of Regents for Higher Education shall create a standardized financial aid letter to be provided to students enrolled at a state university within the Connecticut State University System. Such standardized financial aid letter shall consist of the following: (1) A section itemizing all grants, scholarships and federal loans awarded to the student; (2) a section itemizing all funding that the student may be eligible to receive, including, but not limited to, work-study opportunities and Parent PLUS Loans; and (3) a glossary that includes definitions of terms used in such standardized financial aid letter, including, but not limited to, grant, scholarship, loan and work-study. This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2017 New section This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2017 New section Statement of Purpose: To allow students and their families to compare financial aid options and make informed decisions. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.] Co-Sponsors: REP. SOTO, 39th Dist.; REP. ELLIOTT, 88th Dist. Co-Sponsors: REP. SOTO, 39th Dist.; REP. ELLIOTT, 88th Dist. H.B. 6587