The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
A. On or before December 1 of each year, the Arizona board of regents shall submit to the governor, the president of the senate, the speaker of the house of representatives and the joint legislative budget committee a financial aid report with information from the two prior fiscal years. The report shall provide information for each institution under the jurisdiction of the board, a comparison to peer institutions, and summary information for the entire university system.
B. The report shall separately delineate both full-time resident undergraduate and full-time resident graduate students.
C. For each group identified in subsection B, the annual financial aid report shall detail the following:
1. Cost of attendance, delineated by tuition rates, mandatory fees, room and board charges, book purchases and travel and related personal expenses.
2. Expected family contribution.
3. Gift aid, delineated by source type. Source types include federal, state, institutional and private.
4. Loans, delineated by subsidized amounts, unsubsidized amounts and amounts loaned to the parents of students.
5. Employment, delineated by program type. Program types include federal work-study, institutional work-study, graduate assistantships and outside work.
D. The Arizona board of regents and the staff of the joint legislative budget committee shall jointly determine the methodology and format of the report.