49-7-2402 - Accounting for student activity fees Reports Contents. - Tennessee Statutes

49-7-2402. Accounting for student activity fees Reports Contents.

(a)  Each institution of higher education shall report to the Tennessee higher education commission, on an annual basis, an accounting of student activity fees.

(b)  Each institution of higher education shall publish, in accordance with the rules, regulations, policies and procedures of the state publications committee, a financial disclosure statement for student activity fees, which shall be updated annually and provided to the public upon request.

(c)  The report shall provide the information on a campus-by-campus basis. The report shall include, but not be limited to, the following:

     (1)  The number of undergraduate and graduate students enrolled;

     (2)  Source of any student activity fees according to the number of students enrolled as undergraduate or graduate students;

     (3)  The expenditure of the student activity fees; and

     (4)  Funds not expended for the annual period.

[Acts 1991, ch. 445, § 3.]