Bill Text: TX HB3341 | 2013-2014 | 83rd Legislature | Introduced

Texas House Bill 3341 (Prior Session Legislation)

Introduced

Bill Title: Relating to a requirement that public institutions of higher education provide a student receiving student financial assistance an annual disclosure regarding the status of the student's financial assistance.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2013-04-24 - No action taken in committee [HB3341 Detail]

Download: Texas-2013-HB3341-Introduced.html

	83R5757 KSD-D

	By: Martinez Fischer	H.B. No. 3341



	A BILL TO BE ENTITLED
	AN ACT
	relating to a requirement that public institutions of higher
	education provide a student receiving student financial assistance
	an annual disclosure regarding the status of the student's
	financial assistance.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Subchapter A, Chapter 56, Education Code, is
	amended by adding Section 56.009 to read as follows:
	Sec. 56.009. ANNUAL DISCLOSURE OF STUDENT FINANCIAL
	ASSISTANCE STATUS. (a) As soon as practicable during or following
	an academic year, an institution of higher education shall provide
	to each student who received student financial assistance through
	the institution for attendance at the institution during that
	academic year a detailed, written disclosure of the type and amount
	of, and any repayment obligation of the student regarding:
	(1) the student financial assistance offered to and
	received by the student; and
	(2) any student financial assistance available to the
	student for attendance at the institution in the subsequent
	academic year.
	(b) The disclosure must inform the student if the
	availability or amount of any student financial assistance
	identified in the disclosure as available to the student is subject
	to change.
	(c) The Texas Higher Education Coordinating Board, in
	consultation with financial aid personnel at institutions of higher
	education, shall adopt rules for the administration of this
	section, including rules prescribing the format of the disclosure
	required by Subsection (a) to ensure its clarity and
	understandability.
	SECTION 2. Section 56.009, Education Code, as added by this
	Act, applies beginning with student financial assistance awarded
	for the 2014-2015 academic year.
	SECTION 3. This Act takes effect September 1, 2013.