OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 ¯ (860) 240-0200

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sHB-5656

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

AMENDMENT

LCO No.: 7472

File Copy No.: 635

House Calendar No.: 254

OFA Fiscal Note

State Impact:

Note: TF=Tuition Fund

Municipal Impact: None

Explanation

This amendment 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 amendment, however any revenue loss from these students would be minimal in the scope of each units Tuition Fund.

The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose.