BILL ANALYSIS Ó ----------------------------------------------------------------- |SENATE RULES COMMITTEE | AB 330| |Office of Senate Floor Analyses | | |1020 N Street, Suite 524 | | |(916) 651-1520 Fax: (916) | | |327-4478 | | ----------------------------------------------------------------- THIRD READING Bill No: AB 330 Author: Chau (D), et al. Amended: 6/17/14 in Senate Vote: 21 SENATE EDUCATION COMMITTEE : 6-0, 6/4/14 AYES: Liu, Wyland, Block, Hancock, Huff, Monning NO VOTE RECORDED: Correa, Vacancy, Vacancy SENATE BUSINESS, PROF. & ECON. DEVELOP. COMM. : 8-0, 6/23/14 AYES: Lieu, Wyland, Berryhill, Corbett, Galgiani, Hernandez, Hill, Torres NO VOTE RECORDED: Block SENATE APPROPRIATIONS COMMITTEE : Senate Rule 28.8 ASSEMBLY FLOOR : 53-24, 1/29/14 - See last page for vote SUBJECT : Student financial aid: information SOURCE : Author DIGEST : This bill requires the California Student Aid Commission (CSAC) and Bureau for Private Postsecondary Education (BPPE) to post additional links on their Internet Web sites to provide information such as net cost, financial aid, and student loan debt that can be used by students and families to evaluate their college choices. ANALYSIS : Existing law establishes the Cal Grant Program CONTINUED AB 330 Page 2 under the administration of CSAC, and establishes eligibility requirements for awards under the program for participating students attending qualifying institutions. As a condition for participation in the program, existing law requires each Cal Grant participating institution to annually report specified information to CSAC, which CSAC is required to provide on its Internet Website in a searchable database. Existing law also requires the CSAC to provide other information and links useful to students and parents who are in the process of selecting a college or university. Existing law also requires, as a condition of participation in the Cal Grant Program, that a "qualifying institution" provide information (on an enrollment or centralized admission website, or on enrollment applications or other information distributed to students) on where to access California license exam passage rates for the most recent available year for undergraduate programs that lead to employment in a field that requires licensing. Existing law, until January 1, 2015, establishes the California Private Postsecondary Education Act of 2009 (Act), which provides for the approval, regulation, and enforcement of private postsecondary educational institutions by the BPPE within the Department of Consumer Affairs. Among other things, the Act requires a regulated institution to provide a prospective student with a School Performance Fact Sheet containing information on completion rates, placement rates, license examination passage rates, salary or wage information, the most recent three-year cohort default rate and the percentage of enrolled students receiving federal student loans (if the institution participates in federal financial programs) and other specified information. This bill requires CSAC and BPPE to clearly post, in a conspicuous location on its Internet Website links to the following: 1.The College Affordability and Transparency Center of the United States Department of Education or any successor entity. 2.The National Center for Higher Education Management Systems or any successor entity. CONTINUED AB 330 Page 3 3.Any entity CSAC deems may provide accurate and useful information relating to institutional net cost, financial aid, or student loan debt that can be used by students and families to evaluate postsecondary educational options. This bill becomes operative only if an act that becomes operative on or before January 1, 2015, or eliminates the January 1, 2015 repeal date of the California Private Postsecondary Education Act of 2009, as specified. FISCAL EFFECT : Appropriation: No Fiscal Com.: Yes Local: No SUPPORT : (Verified 8/5/14) Consumer Attorneys of California ARGUMENTS IN SUPPORT : According to the author, "comprehensive and meaningful consumer information for students and their families is not readily available to make the best financial and educational decisions about which post-secondary education institution to attend." The author intends for this bill to "centralize information about student debt within the CSAC and/or the BPPE to provide families with information that is easy to use, compare, and understand, as a way to decide between educational institutions." ASSEMBLY FLOOR : 53-24, 1/29/14 AYES: Alejo, Ammiano, Atkins, Bloom, Bocanegra, Bonilla, Bonta, Bradford, Brown, Buchanan, Ian Calderon, Campos, Chau, Chesbro, Cooley, Dababneh, Daly, Dickinson, Eggman, Fong, Fox, Frazier, Garcia, Gomez, Gonzalez, Gordon, Gorell, Gray, Hall, Roger Hernández, Holden, Jones-Sawyer, Levine, Lowenthal, Medina, Mullin, Muratsuchi, Nazarian, Pan, V. Manuel Pérez, Quirk, Quirk-Silva, Rendon, Ridley-Thomas, Rodriguez, Salas, Skinner, Stone, Ting, Wieckowski, Williams, Yamada, John A. Pérez NOES: Achadjian, Allen, Bigelow, Chávez, Conway, Dahle, Donnelly, Beth Gaines, Gatto, Grove, Hagman, Harkey, Jones, Linder, Maienschein, Mansoor, Melendez, Morrell, Nestande, Olsen, Patterson, Wagner, Waldron, Wilk NO VOTE RECORDED: Logue, Perea, Weber CONTINUED AB 330 Page 4 PQ:nl 8/5/14 Senate Floor Analyses SUPPORT/OPPOSITION: SEE ABOVE **** END **** CONTINUED