STATE OF NEW YORK
________________________________________________________________________
7915--A
2011-2012 Regular Sessions
IN ASSEMBLY
May 24, 2011
___________
Introduced by M. of A. P. RIVERA -- read once and referred to the
Committee on Higher Education -- recommitted to the Committee on High-
er Education in accordance with Assembly Rule 3, sec. 2 -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
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:
1 Section 1. The education law is amended by adding a new section 6406
2 to read as follows:
3 § 6406. Disclosure of average awards by institutions of higher educa-
4 tion. 1. For purposes of this section the term "institution of higher
5 education" shall mean an institution that meets the requirements set
6 forth in subdivision two of section sixty-four hundred one of this arti-
7 cle, or as defined in subdivisions two, three, or four of section three
8 hundred fifty of this chapter, or subdivisions four or five of section
9 sixty-two hundred two of this title and the term "income" shall have the
10 same meaning as such term is defined in subdivision one of section six
11 hundred sixty-three of this chapter.
12 2. Each institution of higher education located in this state shall
13 disclose the average dollar amount of aid awarded by the institution to
14 students with an annual income of less than two hundred thousand
15 dollars. Such disclosure shall be made for each level of annual income
16 in twenty thousand dollar increments. Such disclosure shall be avail-
17 able: (a) in written form upon request by any person; (b) on the website
18 of such institution; and (c) in such institution's catalogue.
19 § 2. This act shall take effect on the sixtieth day after it shall
20 have become a law; provided that the provisions of paragraph (c) of
21 subdivision 2 of section 6406 of the education law added by section one
22 of this act shall take effect July 1, 2013.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00533-03-2
