Page:United States Statutes at Large Volume 115 Part 1.djvu/671

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PUBLIC LAW 107-72—NOV. 20, 2001 115 STAT. 649 (II) the mean and median grant eligibility and institutional grant aid to first-year students; and (III) the mean and median parental and student contributions to undergraduate costs of attendance for first year students receiving institutional grant aid; (iii) to the extent useful in determining the effect of the antitrust exemption under section 568 of the Improving America's Schools Act of 1994 (15 U.S.C. 1 note), examine— (I) comparison data, identified in clauses (i) and (ii), from institutions of higher education that do not participate under the antitrust exemption under section 568 of the Improving America's Schools Act of 1994 (15 U.S.C. 1 note); and (II) other baseline trend data from national benchmarks; and (iv) examine any other issues that the Comptroller General determines are appropriate, including other types of aid affected by section 568 of the Improving America's Schools Act of 1994 (15 U.S.C. 1 note). (B) ASSESSMENT. — (i) IN GENERAL.— The study under paragraph (1) shall assess what effect the antitrust exemption on institutional student aid has had on institutional undergraduate grant aid and parental contribution to undergraduate costs of attendance. (ii) CHANGES OVER TIME. —The assessment under clause (i) shall consider any changes in institutional undergraduate grant aid and parental contribution to undergraduate costs of attendance over time for institutions of higher education, including consideration of— (I) the time period prior to adoption of the consensus methodologies at participating institutions; and (II) the data examined pursuant to subparagraph (A)(iii). (b) REPORT.— (1) IN GENERAL.— Not later than September 30, 2006, the Deadliae. Comptroller General shall submit a report to the Committee on the Judiciary of the Senate and the Committee on the Judiciary of the House of Representatives that contains the findings and conclusions of the Comptroller General regarding the matters studied under subsection (a). (2) IDENTIFYING INDIVIDUAL INSTITUTIONS. —The Comptroller General shall not identify an individual institution of higher education in information submitted in the report under paragraph (1) unless the information on the institution is available to the public. (c) RECORDKEEPING REQUIREMENT. — (1) IN GENERAL.—For the purpose of completing the study under subsection (a)(1), a participating institution shall— (A) collect and maintain for each academic year until the study under subsection (a)(1) is completed— (i) student-level data that is sufficient, in the judgment of the Comptroller General, to permit the analysis