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S. 4114 119th Congress Senate

Student Protection and Success Act

Official title: A bill to amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing pay… Show full official titleShow less

Official title: A bill to amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing payments of institutions of higher education.

Introduced: March 17, 2026 Introduced by: Jeanne Shaheen Democratic · New Hampshire See on congress.gov
Education
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 17, 2026
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Mar 17, 2026
Introduced in Senate
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What's happening now March 17, 2026

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

 Plain-English summary Congressional Research Service

Student Protection and Success Act

This bill establishes certain consequences for institutions of higher education (IHEs) that have low student loan repayment rates or high student loan balances among their students.

Specifically, the bill makes an IHE ineligible for federal student financial aid programs for three fiscal years if only 15% or less of its students are able to start repaying the principal of their loans by specified deadlines.

Additionally, the bill creates a grant program through which the Department of Education must award grants to eligible IHEs (i.e., IHEs with a student loan repayment rate above 25%) that have a strong record of supporting low- and moderate-income students. The bill funds the grants by requiring IHEs with certain nonrepayment loan balances to make risk-sharing payments. Grants may be used to increase college access and success for the students using investments and practices such as awarding additional need-based financial aid, enhancing academic and student support services, and establishing or expanding accelerated learning opportunities.

The bill also requires the National Center for Education Statistics to collect information on student service expenditures, student service resources, and recruitment and marketing expenditures.

 Related & companion bills 1
  • HR 8009 Student Protection and Success Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 1

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

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 Cosponsors 1
All 1 Republican 1
R
Young, Todd
Indiana · Mar 17, 2026
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APA
U.S. Congress. (2026). S. 4114: Student Protection and Success Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-4114/
MLA
"S. 4114: Student Protection and Success Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-4114/.
Bluebook (legal)
S. 4114, 119th Cong. (2026), https://openamerica.io/bill/119-S-4114/.
Markdown link
[S. 4114: Student Protection and Success Act](https://openamerica.io/bill/119-S-4114/)
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