OR Rev Stat § 340.330 (2021)
2021 Oregon Revised Statutes|Volume : 09 - Education and Culture|Chapter 340 - College Credit Earned in High School|Section 340.330 - Accelerated College Credit Account.

The Accelerated College Credit Account is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Accelerated College Credit Account shall be credited to the account. Moneys in the Accelerated College Credit Account are continuously appropriated to the Department of Education for the purposes described in ORS 340.320, 340.323 and 340.326. [2011 c.639 §8; 2019 c.204 §5] Note: Sections 1 and 5, chapter 113, Oregon Laws 2018, provide: Sec. 1. (1) As used in this section: (a) "Accelerated college credit program" has the meaning given that term in section 6 of this 2018 Act [350.420]. (b) "Credit toward general education" has the meaning given that term in section 6 of this 2018 Act. (2) The Higher Education Coordinating Commission shall prepare an annual report on accelerated college credit programs in the manner provided by this section. (3) For the purpose of the report required by this section, the commission shall collaborate with public post-secondary institutions of education in this state to determine the method for providing a representative sampling of: (a) Students from each institution who are: (A) Graduates of a high school in this state; (B) Enrolled in the first year at a post-secondary institution of education for the first time, except for any enrollment related to an accelerated college credit program; and (C) Seeking a post-secondary certificate or degree. (b) The number of credits from an accelerated college credit program that a student attempted to transfer to the post-secondary institution of education. (4) The report required by this section must include the following information from the representative sampling based on the previous school year: (a) The number and percentage of students who attempted to transfer a credit from an accelerated college credit program to a public post-secondary institution of education in this state. (b) Of the students identified under paragraph (a) of this subsection, the number and percentage of students whose credits were accepted. (c) Of the credits accepted, the number and percentage that were accepted as credit toward general education. (d) Of the students identified under paragraph (a) of this subsection, the number and percentage of students whose credits were not accepted. (e) Of the students identified under paragraph (a) of this subsection, the high schools from which the students graduated, if available. (5) To the extent practicable, and in addition to the information described in subsection (4) of this section, the report must include, from all students in this state described in subsection (3)(a) of this section, the number of students who attempted to transfer a credit from an accelerated college credit program to a public post-secondary institution of education in this state. (6) To the extent practicable, the information collected under subsections (4) and (5) of this section must be disaggregated by: (a) The student’s characteristics, including race, ethnicity and gender; (b) The post-secondary institution of education that accepted or did not accept a transfer of a credit from an accelerated college credit program; (c) The type of accelerated college credit program in which the student participated; and (d) The class of the accelerated college credit program in which the student participated. (7) No later than September 1 of each year, each public post-secondary institution of education must provide to the Higher Education Coordinating Commission the information required under this section. (8) No later than December 1 of each year, the report required under this section must be: (a) Submitted to the Governor, the Department of Education, the interim committees of the Legislative Assembly related to education, the board of education of each community college district in this state and the governing board of each public university listed in ORS 352.002; and (b) Made available to each school district in this state. (9) Nothing in this section is intended to supersede the authority of a post-secondary institution of education, or the faculty of an institution, to prescribe an educational program or a course of study as provided by ORS 341.290 (3) or 352.146. [2018 c.113 §1; 2018 c.113 §3] Sec. 5. Section 1 of this 2018 Act is repealed on January 2, 2029. [2018 c.113 §5]