HR 1222
117th Congress
House
Education
Congressional oversight
Education programs funding
Higher education
Student aid and college costs
Veterans' education, employment, rehabilitation
Veterans' loans, housing, homeless programs
POST Act of 2021
Introduced: February 23, 2021
Introduced by:
Cohen, Steve
Democratic
· Tennessee
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 23, 2021
Referred to the House Committee on Education and Labor.
Feb 23, 2021
Introduced in House
Plain-English summary
Protecting Our Students and Taxpayers Act of 2021 or the POST Act of 2021
This bill requires a for-profit institution of higher education (IHE), in order to participate in federal student-aid programs, to derive at least 15% of its revenue from sources other than federal funds. Current law requires a for-profit IHE to derive at least 10% of its revenue from sources other than federal funds.
The bill also expands the definition of federal funds to include GI education benefits, with an exception for the monthly housing stipend provided under the Post-9/11 Educational Assistance Program.
What's happening now
Referred to the House Committee on Education and Labor.
Committees of jurisdiction
1