Requires institutions of higher education to disclose the average dollar amount of institutional aid awarded to students.

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A784-2011 Actions

• May 12, 2011: enacting clause stricken
• Jan 5, 2011: referred to higher education

A784-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

      S. 1001                                                   A. 784

                         2011-2012 Regular Sessions

                        SENATE - ASSEMBLY

                                 (PREFILED)

                               January 5, 2011
                                 ___________

  IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print-
    ed, and when printed to be committed to the Committee on Higher Educa-
    tion

  IN  ASSEMBLY -- Introduced by M. of A. PHEFFER -- read once and referred
    to the Committee on Higher Education

  AN ACT to amend the education law, in  relation  to  the  disclosure  of
    average awards by institutions of higher education

    THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section 1. The education law is amended by adding a new  section  6406
  to read as follows:

    S  6406. DISCLOSURE OF AVERAGE AWARDS BY INSTITUTIONS OF HIGHER EDUCA-
  TION. 1. FOR PURPOSES OF THIS SECTION THE TERM  "INSTITUTION  OF  HIGHER
  EDUCATION"  SHALL  MEAN  AN  INSTITUTION THAT MEETS THE REQUIREMENTS SET
  FORTH IN SUBDIVISION TWO OF SECTION SIXTY-FOUR HUNDRED ONE OF THIS ARTI-
  CLE, OR AS DEFINED IN SUBDIVISIONS TWO, THREE, OR FOUR OF SECTION  THREE
  HUNDRED  FIFTY  OF THIS CHAPTER, OR SUBDIVISIONS FOUR OR FIVE OF SECTION
  SIXTY-TWO HUNDRED TWO OF THIS TITLE AND THE TERM "INCOME" SHALL HAVE THE
  SAME MEANING AS SUCH TERM IS DEFINED IN SUBDIVISION ONE OF  SECTION  SIX
  HUNDRED SIXTY-THREE OF THIS CHAPTER.
    2.  EACH  INSTITUTION  OF HIGHER EDUCATION LOCATED IN THIS STATE SHALL
  DISCLOSE THE AVERAGE DOLLAR AMOUNT OF AID AWARDED BY THE INSTITUTION  TO
  STUDENTS  WITH  AN  ANNUAL  INCOME  OF  LESS  THAN  TWO HUNDRED THOUSAND
  DOLLARS. SUCH DISCLOSURE SHALL BE MADE FOR EACH LEVEL OF  ANNUAL  INCOME
  IN  TWENTY  THOUSAND  DOLLAR INCREMENTS. SUCH DISCLOSURE SHALL BE AVAIL-
  ABLE: (A) IN WRITTEN FORM UPON REQUEST BY ANY PERSON; (B) ON THE WEBSITE
  OF SUCH INSTITUTION; AND (C) IN SUCH INSTITUTION'S CATALOGUE.
    S 2. This act shall take effect on the sixtieth  day  after  it  shall
  have  become  a  law;  provided  that the provisions of paragraph (c) of
  subdivision 2 of section 6406 of the education law added by section  one
  of this act shall take effect July 1, 2012.

   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD00533-01-1