Within a reasonable time after the end of each fiscal year the University officer responsible for the administration of §§ 5520-5524 of this title shall submit through the appropriate University channels a written report to the General Assembly in which shall be outlined the number of grants given, the amount received by each student and an analysis of whether the aim of §§ 5520-5524 of this title to eliminate economic need as a bar to an education at the University of Delaware has been accomplished.