Pay for Student Success Act
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Pay for Student Success Act
This bill amends the Higher Education Act of 1965 to require the Department of Education (ED) to contract with eligible entities for pay-for-success projects that develop, implement, evaluate, and promote innovative strategies for increasing the postsecondary education retention and completion rates of students who receive Pell Grants and first-generation postsecondary students.
Each entity that receives a contract must provide 90% of the project costs up front. ED may reimburse an entity for no more than 75% of the total project costs if ED determines, based on an independent evaluation, that the project is successful.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 1043: Pay for Student Success Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-1043/
"S. 1043: Pay for Student Success Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-1043/.
S. 1043, 115th Cong. (2026), https://openamerica.io/bill/115-S-1043/.
[S. 1043: Pay for Student Success Act](https://openamerica.io/bill/115-S-1043/)