State Codes and Statutes

Statutes > Connecticut > Title10a > Chap185 > Sec10a-40

      Sec. 10a-40. (Formerly Sec. 10-331f). Grants. Reports required from participating colleges or universities; content. The amount of the annual appropriation to be allocated to each independent college or university shall be determined by its actual full-time equivalent enrollment of Connecticut undergraduate students during the fall semester of the fiscal year two years prior to the grant year. The number of eligible undergraduate Connecticut students under sections 10a-36 to 10a-42a, inclusive, shall be determined by the board but the awards based upon such computation shall not exceed the total available appropriation. Each participating college shall expend all of the moneys received under this program as direct financial assistance for grants for educational expenses and student employment to Connecticut undergraduate students. Direct financial assistance does not include loans to Connecticut students which must be repaid to the college at some future date. For each fiscal year a minimum of ten per cent of the total institutional state student financial aid which exceeds the amount appropriated to each independent institution for the fiscal year ending June 30, 1987, shall be used for student financial aid for needy minority students in accordance with the board of governors' plan for racial and ethnic diversity under section 10a-11. For each fiscal year a minimum of five per cent of the total amount of state student financial aid appropriated to each institution which exceeds the amount received by each institution for the fiscal year ending June 30, 1988, shall be used for on-campus or off-campus community service work-study placements. Participating independent colleges and universities shall provide the Department of Higher Education with data and reports necessary to administer the program and shall maintain, for a period of not less than three years, records substantiating the reported number of full-time equivalent Connecticut students and documentation utilized by the college or university in determining eligibility of the Connecticut independent college student grant recipients. Such records shall be subject to audit. Funds not obligated by a college or university shall be returned by January fifteenth of the fiscal year of the grant to the Department of Higher Education for reallocation to other institutions participating in this program. Except as provided in this section any funds so returned by a college or university shall be redistributed to all other independent colleges and universities participating in the program in accordance with the formula set forth in this section using the most recent enrollment data available to the Board of Governors of Higher Education. For the fiscal year ending June 30, 2009, the Department of Higher Education shall total the amount of funds returned by all independent colleges and universities and (1) if such total amount is five hundred thousand dollars or less, the department shall not redistribute the funds and (2) if such total amount is greater than five hundred thousand dollars, the department shall redistribute an amount equal to the difference between such total amount and five hundred thousand dollars.

      (1972, S.A. 53, S. 18; P.A. 73-551, S. 3, 4; P.A. 77-573, S. 24, 30; P.A. 80-326; P.A. 82-218, S. 37, 46; P.A. 83-197, S. 5, 9; P.A. 87-450, S. 5, 17; P.A. 88-252, S. 4, 6; P.A. 90-147, S. 1, 20; P.A. 94-180, S. 2, 17; Nov. 24 Sp. Sess. P.A. 08-1, S. 6.)

      History: P.A. 73-551 replaced requirement that participating students not exceed 10% of "full-time undergraduate Connecticut students in independent colleges and the total available appropriation" with provision that awards not exceed total available appropriation; P.A. 77-573 replaced commission for higher education with board of higher education; P.A. 80-326 increased amount to be spent as direct financial assistance from 80% to 100% of amount received under Secs. 10-331a to 10-331h; P.A. 82-218 replaced board of higher education with board of governors pursuant to reorganization of higher education system, effective March 1, 1983; Sec. 10-331f transferred to Sec. 10a-40 in 1983; P.A. 83-197 deleted provisions relating to the amount of grant per student to be distributed, added provision concerning the amount of annual appropriation each college or university will receive, added provisions concerning reporting requirements and the return of funds not obligated by participating college or university to the department of higher education for reallocation to other institutions; P.A. 87-450 provided that all the moneys received be expended as direct financial assistance for grants for educational expenses and student employment and that for each fiscal year a minimum of 10% of the institutional state student financial aid which exceeds the amount appropriated to each independent institution for the fiscal year ending June 30, 1987, be used for financial aid for needy minority students; P.A. 88-252 provided that for each fiscal year a minimum of 5% of the total amount of state student financial aid appropriated to each institution which exceeds the amount received by each institution for the fiscal year ending June 30, 1988, be used for on-campus or off-campus community service work-study placements; P.A. 90-147 added Subsec. (b) re allocation reduction for the fiscal years ending June 30, 1989, and June 30, 1990, and made technical changes; P.A. 94-180 provided for the redistribution of returned funds and deleted obsolete provisions formerly designated as Subsec. (b), effective July 1, 1994; Nov. 24 Sp. Sess. P.A. 08-1 added provisions re redistribution of funds returned by independent colleges and universities for the fiscal year ending June 30, 2009, effective November 25, 2008.