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MD HB470

MD HB470
For-Profit Institutions of Higher Education and Private Career Schools - Instructional Spending - Requirements


summary

Introduced
01/24/2020
In Committee
02/24/2020
Crossed Over
Passed
Dead
03/18/2020

Introduced Session

2020 Regular Session

Bill Summary

Requiring certain for-profit institutions of higher education and private career schools to report certain information on revenues and spending to the Maryland Higher Education Commission on or before June 30 each year; annually requiring that, on or after July 1, 2022, in order to maintain approval to operate in the State and enroll certain students, the institutions and schools must submit a certain plan and provide certain refunds under certain circumstances; etc.

AI Summary

This bill requires certain for-profit institutions of higher education and private career schools in Maryland to report information on their revenues and instructional spending to the Maryland Higher Education Commission annually. Starting in July 2022, these institutions must use at least 50% of their tuition revenue on instructional spending to maintain their approval to operate in the state or enroll Maryland students in online programs. The bill also places restrictions on tuition charges and requires refunds to students if the institutions do not meet the instructional spending requirement.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

Unfavorable Report by Appropriations; Withdrawn (on 02/24/2020)

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