OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http: //www. cga. ct. gov/ofa

sHB-5656

AN ACT CONCERNING FINANCIAL ASSISTANCE PROVIDED BY THE DEPARTMENT OF CHILDREN AND FAMILIES TO INDIVIDUALS TO PURSUE POST SECONDARY SCHOOL EDUCATIONAL OPPORTUNITIES.

As Amended by House "A" (LCO 7472)

House Calendar No. : 254

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 08 $

FY 09 $

UConn

TF - Revenue Loss

Potential

Potential

CT State Univ.

TF - Revenue Gain

Potential

Potential

Colleges, Regional Comm. -Tech.

TF - Revenue Gain

Potential

Potential

Note: TF=uition Fund

Municipal Impact: None

Explanation

This bill results in a potential revenue loss to the University of Connecticut and a potential revenue gain to the other constituent units of higher education.

The potential revenue loss to the University of Connecticut is due to the university being at or near capacity in terms of enrollment. Providing in-state tuition rates to students that would not otherwise pay such rates would result in lost revenue if these students would have gone to the university regardless of the tuition rate or if they replaced an out-of-state student

The other constituent units would potentially accrue a revenue gain if additional students chose to attend school as result of lower tuition rates. Such units are not at full capacity and would not be replacing out-of-state students. There may be students currently paying out-of-state rates at these units that would pay lower rates as a result of this bill, however any revenue loss from these students would be minimal in the scope of each units Tuition Fund.

House “A” struck the original bill eliminating the fiscal impact associated with it and resulting in the impact stated above.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.