Michigan Laws 388.521 – Annual comprehensive financial report; summary annual report
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 388.521
- Department: means the department of education. See Michigan Laws 388.513
- Eligible charges: means tuition and mandatory course fees, material fees, and registration fees required by an eligible institution for enrollment in an eligible course. See Michigan Laws 388.513
- Eligible postsecondary institution: means a state university, community college, or independent nonprofit degree-granting college or university that is located in this state and that chooses to comply with this act. See Michigan Laws 388.513
- Eligible student: means , except as otherwise provided in this subdivision, a student enrolled in at least 1 high school class in a school district or state approved nonpublic school in this state, except a foreign exchange pupil enrolled under a cultural exchange program or a student who does not have at least 1 parent or legal guardian who is a resident of this state. See Michigan Laws 388.513
- Intermediate school district: means that term as defined in section 4 of the revised school code, 1976 PA 451, MCL 380. See Michigan Laws 388.513
- School district: means that term as defined in section 6 of the revised school code, 1976 PA 451, MCL 380. See Michigan Laws 388.513
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
(1) Each intermediate school district annually shall collect from each of its constituent school districts and provide to the department at the same time that it submits the annual comprehensive financial report required under section 18 of the state school aid act of 1979, 1979 PA 94, MCL 388.1618, information for the immediately preceding school year on all of the following:
(a) The amount of money expended by the school district for payments required under this act.
(b) The number of eligible students who were enrolled in the school district and the number of those eligible students who enrolled in 1 or more postsecondary courses and received payment of all or part of eligible charges under this act, both in the aggregate and by grade level.
(c) The percentage of the school district’s enrollment represented by the eligible students described in subdivision (b), both in the aggregate and by grade level.
(d) The total number of postsecondary courses for which the school district made payment under this act, the number of those courses for which postsecondary credit was granted, the number of those courses for which high school credit was granted, and the number of those courses that were not completed by the eligible student.
(2) Each eligible postsecondary institution shall annually report to the department, in the form and manner prescribed by the department, all of the following information:
(a) The number of eligible students who enrolled in the eligible postsecondary institution under this act during the preceding academic year.
(b) The total number of eligible courses completed by eligible students under this act at the eligible postsecondary institution during the preceding academic year.
(c) The number of eligible courses under subdivision (b) for which the eligible postsecondary institution granted postsecondary credit to the eligible student.
(d) The number of eligible courses under subdivision (b) for which the eligible postsecondary institution declined to grant postsecondary credit to the eligible student.
(3) Not later than March 1 of each year, the department shall prepare and submit to the house and senate fiscal agencies and the department of technology, management, and budget a summary annual report on the information received under this section.