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HR 4109 114th Congress House Education Congressional oversight Education programs funding Government information and archives Government lending and loan guarantees Higher education Marketing and advertising School administration Student aid and college costs

Protecting Financial Aid for Students and Taxpayers Act

Introduced: November 19, 2015 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
Nov 19, 2015
Referred to the House Committee on Education and the Workforce.
Nov 19, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Protecting Financial Aid for Students and Taxpayers Act

This bill amends the Higher Education Opportunity Act to prohibit an institution of higher education (IHE) or postsecondary educational institution from using revenues derived from federal educational assistance funds for recruiting or marketing activities.

Federal educational assistance funds include federal student aid under title IV (Student Assistance) of the Higher Education Act of 1965, education benefits for military personnel and veterans, and grants for workforce development programs.

An IHE or postsecondary educational institution must annually certify compliance with this requirement to retain eligibility to participate in title IV federal student aid programs.

What's happening now March 23, 2016

Referred to the Subcommittee on Higher Education and Workforce Training.

 Committees of jurisdiction 2