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S 1908 114th Congress Senate 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: July 30, 2015 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 2015
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jul 30, 2015
Introduced in Senate
 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 July 30, 2015

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Committees of jurisdiction 1