Section 6-62-107 - Reduction of state funds expended on remediation(a) As a condition for receiving state funds, all public two-year and four-year institutions of higher education shall report the following information by October 1 of each year to the Division of Higher Education in a format developed by the division in consultation with the institutions: (1) The total direct and indirect costs of remediation for the previous academic year; and(2) All sources of revenue, by amount and source, used to fund direct and indirect costs of all remedial courses and programs.(b) The division shall develop a system to calculate the total amount of state funds spent on remediation of first-time entering freshmen students.(c) The amount spent on remediation at public four-year educational institutions shall not exceed the amount spent as of the 1996-1997 school year.Acts 1993, No. 1141, §§ 1-4; 1997, No. 112, § 20; 1999, No. 508, § 5.