PA 15-2—SB 399 (VETOED)
Higher Education and Employment Advancement Committee
AN ACT CONCERNING REPORTING REQUIREMENTS OF THE UNIVERSITY OF CONNECTICUT AND THE BOARD OF REGENTS FOR HIGHER EDUCATION REGARDING FINANCIAL AID AND REQUIRING LEGISLATIVE APPROVAL FOR THE CLOSURE OF CERTAIN COLLEGE CAMPUSES AND MANUFACTURING PROGRAMS
SUMMARY: This act prohibits the Board of Regents for Higher Education (BOR) from doing the following without the General Assembly's approval:
1. closing, authorizing the closure of, or proceeding with any closure authorized prior to the act's passage of any campus of Middlesex Community College or any other public higher education institution under BOR's jurisdiction or
2. suspending, authorizing the suspension of, or proceeding with any suspension authorized prior to the act's passage of any manufacturing program offered by Middlesex Community College or any other public higher education institution under BOR's jurisdiction.
It also prohibits Middlesex Community College or any other public higher education institution under BOR's jurisdiction from (1) closing or proceeding to close any of its campuses or (2) suspending or proceeding with any suspension authorized prior to the act's passage of its manufacturing programs, without legislative approval.
The act also requires UConn and BOR, beginning by November 1, 2015, to annually report to the Higher Education and Employment Advancement Committee on the institutional financial aid awarded to undergraduate students during the previous academic year. In general, institutional financial aid consists of aid originating from the institution and excludes federal or state financial aid students receive.
The report must, at a minimum, separately describe the following aggregate amounts for in- and out-of-state students: (1) institutional financial aid funding available, (2) need-based institutional financial aid awarded, and (3) merit-based institutional financial aid awarded.
EFFECTIVE DATE: Upon passage, except that the provisions about financial aid reporting are effective July 1, 2015.
PA 15-231 contains identical financial aid reporting requirements.
OLR Tracking: MGS; JR; TA; BS