General Assembly Raised Bill No. 972
January Session, 2017 LCO No. 4707
*04707_______HED*
Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT
Introduced by:
(HED)
General Assembly
Raised Bill No. 972
January Session, 2017
LCO No. 4707
*04707_______HED*
Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT
Introduced by:
(HED)
AN ACT CONCERNING TUITION INTEGRITY AT FOR-PROFIT INSTITUTIONS OF HIGHER EDUCATION.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective July 1, 2017) (a) Each for-profit institution of higher education licensed to operate in this state shall not spend less than fifty per cent of all federal Pell grant awards and federal student loan dollars received as part of student tuition on student instruction. Such institutions shall not spend more than fifteen per cent of all federal Pell grant awards and federal student loan dollars received as part of student tuition on institutional advertising.
(b) No for-profit institution of higher education licensed to operate in this state shall: (1) Offer any program of instruction that is not accredited and is in a field that requires accreditation for licensing purposes; or (2) enroll any student who has been convicted of a crime in a program for a field in which employment cannot be attained due to such conviction.
(c) For-profit institutions of higher education licensed to operate in this state shall provide students with federal student loan information.
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 ensure tuition integrity at for-profit institutions of higher education.
[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.]