Postsecondary education: cost of attendance: fiscal matters.

Under the Donahoe Higher Education Act, the segments of postsecondary education in this state are the University of California, the California State University, the California Community Colleges, independent institutions of higher education, and private postsecondary educational institutions. The act applies to the University of California only to the extent that the Regents of the University of California act by resolution to make it applicable. Existing law requires each campus of the California State University to, and requests each campus of the University of California to, post on its Internet Web site information about the market cost of a one-bedroom apartment in the areas surrounding that campus where its students commonly reside. Existing law requires each campus of the California State University to, and requests each campus of the University of California to, publicly provide labor market outcome information relating to the graduates of their undergraduate programs. This bill would require the California State University, the University of California, and independent institutions of higher education to include at minimum, specified items, including tuition and fees, in a calculation of a full-time student's cost of attendance at that institution. The bill would require the California State University, the University of California, and independent institutions of higher education to disclose to a student in accurate and meaningful ways how they created their cost of attendance calculation and provide a student with the option of receiving financial aid disbursements once per month during the academic term.