AB 1118

  • California Assembly Bill
  • 2021-2022 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Postsecondary education: institutional financial aid.

Abstract

Existing law establishes the California Community Colleges, under the administration of the Board of Governors of the California Community Colleges, the California State University, under the administration of the Trustees of the California State University, the University of California, under the administration of the Regents of the University of California, independent institutions of higher education, and private postsecondary educational institutions as the segments of postsecondary education in the state. Existing law requires the California State University, and requests the University of California, to annually report, on or before March 31, to the Legislature on their respective institutional financial aid programs. This bill would additionally require private nonprofit colleges and universities located in California that enroll 500 or more undergraduate students to provide these reports to the Legislature on their institutional financial aid programs. The bill would add the percentage of students graduating with $10,000 or more in debt and prescribed information related to the size of financial aid packages to the data required to be included in these reports. The bill would also require all California-based postsecondary educational institutions with endowment funds where the ratio of endowment dollars to enrolled students exceeds 200,000 to 1, or where the total endowment exceeds $1,000,000,000, to report designated information to the Legislature on their respective college endowment funds on or before March 31 of each odd-numbered year, commencing in 2023.

Bill Sponsors (1)

Votes


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Actions


Apr 19, 2021

Assembly

Re-referred to Com. on HIGHER ED.

  • Referral-Committee
Com. on HIGHER ED.

Apr 15, 2021

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended.

Mar 26, 2021

Assembly

Re-referred to Com. on HIGHER ED.

  • Referral-Committee
Com. on HIGHER ED.

Mar 25, 2021

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended.

Assembly

Referred to Com. on HIGHER ED.

  • Referral-Committee
Com. on HIGHER ED.

Feb 19, 2021

Assembly

From printer. May be heard in committee March 21.

Feb 18, 2021

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB1118 HTML
02/18/21 - Introduced PDF
03/25/21 - Amended Assembly PDF
04/15/21 - Amended Assembly PDF

Related Documents

Document Format
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Sources

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