Connecticut Seal

General Assembly

 

Committee Bill No. 6587

January Session, 2017

 

LCO No. 5230

 

*05230HB06587HED*

Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT

 

Introduced by:

 

(HED)

 

AN ACT CONCERNING THE STANDARDIZATION OF FINANCIAL AID LETTERS FOR THE CONNECTICUT STATE UNIVERSITY SYSTEM.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (NEW) (Effective July 1, 2017) The Board of Regents for Higher Education shall create a standardized financial aid letter to be provided to students enrolled at a state university within the Connecticut State University System. Such standardized financial aid letter shall consist of the following: (1) A section itemizing all grants, scholarships and federal loans awarded to the student; (2) a section itemizing all funding that the student may be eligible to receive, including, but not limited to, work-study opportunities and Parent PLUS Loans; and (3) a glossary that includes definitions of terms used in such standardized financial aid letter, including, but not limited to, grant, scholarship, loan and work-study.

This act shall take effect as follows and shall amend the following sections:

Section 1

July 1, 2017

New section

Statement of Purpose:

To allow students and their families to compare financial aid options and make informed decisions.

[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.]

Co-Sponsors:

REP. SOTO, 39th Dist.; REP. ELLIOTT, 88th Dist.

H.B. 6587