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Senate Bill S7218

2015-2016 Legislative Session

Relates to the tuition, aid and placement report for all non-public institutions of higher education

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Archive: Last Bill Status - In Senate Committee Higher Education Committee

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2015-S7218 (ACTIVE) - Details

Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Amd ยง609, Ed L

2015-S7218 (ACTIVE) - Summary

Relates to the date that the tuition, aid and placement report for all non-public institutions of higher education shall be reported to the senate and the assembly chairs of the higher education committees.

2015-S7218 (ACTIVE) - Sponsor Memo

2015-S7218 (ACTIVE) - Bill Text download pdf 

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

                                  7218

                            I N  S E N A T E

                              April 7, 2016
                               ___________

Introduced  by  Sen. LAVALLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Higher Education

AN ACT to amend the education law, in relation to the tuition,  aid  and
  placement report for all non-public institutions of higher education

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

  Section 1. Section 609 of the education law, as added by section 1  of
part V of chapter 54 of the laws of 2016, is amended to read as follows:
  S  609.  Tuition, aid and placement report. In academic year two thou-
sand sixteen--two thousand seventeen,  all  non-public  institutions  of
higher  education, recognized and approved by the regents of the univer-
sity of the state of New York, which provide a course of  study  leading
to  the granting of a four year post-secondary degree or diploma, except
for a non-public degree-granting  institution  that  does  not  offer  a
program  of  study  that leads to a baccalaureate degree, or at a regis-
tered not-for-profit business school qualified for tax  exemption  under
section  501(c)(3)  of  the internal revenue code for federal income tax
purposes that does not offer a program of study that leads to  a  bacca-
laureate  degree,  shall report to the senate and assembly chairs of the
higher education committees on or before August fifteenth, two  thousand
[sixteen]   SEVENTEEN,   on  the  following:  factors  that  drive  cost
increases; tuition trends for the past six years and percentage of  year
to  year increases; total cost of fees; if the institution has an endow-
ment and the amount of such endowment; the average institutional  finan-
cial aid package by income bracket as defined by the National Center for
Education  Statistics'  Integrated Post-Secondary Education Data System;
graduation rates for four, five and six years;  enrollment  trends  over
the  past  six  years; the amount spent to educate students per FTE; the
percentage of students who are TAP and Pell eligible; administrative and
operating costs and the percentage of those costs funded by tuition; and
cost saving measures implemented over the past six years, if any.
   2. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14943-01-6

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