| Old | New | Differences | |
|---|---|---|---|
| 1 | - | General Assembly Substitute Bill No. 972 | |
| 2 | - | January Session, 2017 *_____SB00972HED___031717____* | |
| 1 | + | General Assembly Raised Bill No. 972 | |
| 2 | + | January Session, 2017 LCO No. 4707 | |
| 3 | + | *04707_______HED* | |
| 4 | + | Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT | |
| 5 | + | Introduced by: | |
| 6 | + | (HED) | |
| 3 | 7 | ||
| 4 | 8 | General Assembly | |
| 5 | 9 | ||
| 6 | - | ||
| 10 | + | Raised Bill No. 972 | |
| 7 | 11 | ||
| 8 | 12 | January Session, 2017 | |
| 9 | 13 | ||
| 10 | - | *_____SB00972HED___031717____* | |
| 14 | + | LCO No. 4707 | |
| 15 | + | ||
| 16 | + | *04707_______HED* | |
| 17 | + | ||
| 18 | + | Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT | |
| 19 | + | ||
| 20 | + | Introduced by: | |
| 21 | + | ||
| 22 | + | (HED) | |
| 11 | 23 | ||
| 12 | 24 | AN ACT CONCERNING TUITION INTEGRITY AT FOR-PROFIT INSTITUTIONS OF HIGHER EDUCATION. | |
| 13 | 25 | ||
| 14 | 26 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 15 | 27 | ||
| 16 | - | Section 1. (NEW) (Effective July 1, 2017) (a) Each for-profit institution of higher education licensed to operate in this state shall not | |
| 28 | + | 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. | |
| 17 | 29 | ||
| 18 | - | (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; (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; (3) discourage any student from borrowing from a lender of their choice; (4) advise any student to borrow private loans prior to exhausting all federal loan options; or (5) advise any student to borrow from an institutional lender when the institution reasonably knows such student will be unable to meet the obligations of the loan agreement. | |
| 30 | + | (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. | |
| 31 | + | ||
| 32 | + | (c) For-profit institutions of higher education licensed to operate in this state shall provide students with federal student loan information. | |
| 19 | 33 | ||
| 20 | 34 | ||
| 21 | 35 | ||
| 22 | 36 | ||
| 23 | 37 | This act shall take effect as follows and shall amend the following sections: | |
| 24 | 38 | Section 1 July 1, 2017 New section | |
| 25 | 39 | ||
| 26 | 40 | This act shall take effect as follows and shall amend the following sections: | |
| 27 | 41 | ||
| 28 | 42 | Section 1 | |
| 29 | 43 | ||
| 30 | 44 | July 1, 2017 | |
| 31 | 45 | ||
| 32 | 46 | New section | |
| 33 | 47 | ||
| 48 | + | Statement of Purpose: | |
| 34 | 49 | ||
| 50 | + | To ensure tuition integrity at for-profit institutions of higher education. | |
| 35 | 51 | ||
| 36 | - | HED Joint Favorable Subst. | |
| 37 | - | ||
| 38 | - | HED | |
| 39 | - | ||
| 40 | - | Joint Favorable Subst. | |
| 52 | + | [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.] |