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Senate Bill No. 43

Public Act No. 12-94

AN ACT REQUIRING THE SUBMISSION OF INFORMATION CONCERNING STUDENTS RECEIVING FINANCIAL ASSISTANCE FROM THE CONNECTICUT INDEPENDENT STUDENT GRANT PROGRAM, CONNECTICUT AID TO PUBLIC COLLEGE STUDENTS GRANT PROGRAM AND CAPITOL SCHOLARSHIP GRANT PROGRAM.

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

Section 1. (NEW) (Effective July 1, 2012) (a) On or before October 1, 2012, and annually thereafter, each institution of higher education shall submit information to the Office of Financial and Academic Affairs for Higher Education, in a form prescribed by the office, on each student enrolled at such institution of higher education who received financial assistance for the previous academic year ending on or before the previous June thirtieth from the Connecticut independent student grant program, administered pursuant to sections 10a-38 to 10a-42, inclusive, of the general statutes, the Connecticut aid to public college students grant program, administered pursuant to section 10a-164a of the general statutes, or the capitol scholarship grant program, administered pursuant to section 10a-169 of the general statutes, including, but not limited to, (1) each such student's year of birth, home town, cumulative grade point average, expected date of graduation, and expected family contribution toward educational costs as determined by a needs analysis system approved by the United States Department of Education, and (2) a detailed breakdown of the financial assistance each such student received from all sources.

(b) If an institution of higher education fails to submit information to the Office of Financial and Academic Affairs for Higher Education in accordance with subsection (a) of this section, such institution shall be prohibited from participating in the Connecticut independent student grant program, the Connecticut aid to public college students grant program, and the capitol scholarship grant program during the fiscal year following the fiscal year in which such institution of higher education failed to submit such information.

(c) The Office of Financial and Academic Affairs for Higher Education shall submit, as needed or requested, in accordance with the provisions of section 11-4a of the general statutes, a report regarding the information submitted in accordance with subsection (a) of this section to the joint standing committees of the General Assembly having cognizance of matters relating to higher education and appropriations.