CT SB00972

For-profit institutions licensed in the state must spend at least 50% of federal Pell grants and student loan dollars received on student instruction, effective July 1, 2017.

For-profit institutions are limited to spending no more than 15% of federal Pell grants and student loan dollars on institutional advertising.

For-profit institutions are prohibited from offering unaccredited programs in fields that require accreditation for licensing purposes.

For-profit institutions cannot enroll students convicted of crimes in programs for fields where employment cannot be obtained due to that conviction.

For-profit institutions are prohibited from discouraging students from choosing their own lenders, advising students to take private loans before exhausting federal options, or recommending institutional loans when the institution knows the student cannot meet repayment obligations.