Bill Text: OR SB9 | 2011 | Regular Session | Introduced
Bill Title: Relating to postsecondary student financial aid.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2011-06-30 - In committee upon adjournment. [SB9 Detail]
Download: Oregon-2011-SB9-Introduced.html
76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session NOTE: Matter within { + braces and plus signs + } in an amended section is new. Matter within { - braces and minus signs - } is existing law to be omitted. New sections are within { + braces and plus signs + } . LC 2681 Senate Bill 9 Sponsored by Senator COURTNEY (Presession filed.) SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor's brief statement of the essential features of the measure as introduced. Requires public universities and community colleges to provide financial aid to students with unmet financial need under federal aid formula when university or community college raises tuition more than ___ percent. A BILL FOR AN ACT Relating to postsecondary student financial aid. Be It Enacted by the People of the State of Oregon: SECTION 1. { + (1) An institution of higher education listed in ? ORS 352.002 or a community college in this state must provide financial aid to pay for the unmet financial need of students eligible to receive federal grants under Title IV of the Higher Education Act of 1965, as amended, if the institution raises its tuition for an academic year to an amount that is more than ___ percent of the tuition charged by the institution for the previous academic year. (2) As used in this section, 'unmet financial need' means the difference between a student's cost of attending an institution of higher education listed in ORS 352.002 or a community college in this state for an academic year and the sum of a student's expected family contribution plus all amounts of federal financial aid awarded as grants or loans to the student, as determined by a student's Free Application for Federal Student Aid (FAFSA) for the academic year. + } ----------