Bill Text: TX HB3341 | 2013-2014 | 83rd Legislature | 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.
Spectrum: Partisan Bill (Democrat 1-0)
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 |
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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. |