(1) As used in this section, “two-year institution of higher education” means: A state-supported two-year institution of higher education; or
(2) A two-year branch campus of a four-year institution of higher education.
(3) A two-year institution of higher education shall: Develop and adopt policies concerning: Student accounts receivable;
(4) The collection of delinquent accounts; and
(5) The prevention of students with long-standing delinquent account balances from registering for courses or completing courses; and
(6) Review its policies and practices to ensure its compliance with census reporting guidelines promulgated by the Division of Higher Education.
(7) A review under this subdivision (b)(2) shall occur at the beginning of each fall semester.
(8) A policy developed under subdivision (b)(1) of this section shall be: Issued in written form by the two-year institution of higher education;
(9) Published in the two-year institution of higher education's student handbook and on its website; and
(10) Filed with the division no later than thirty (30) days after the adoption of the policy.