3.0.0 1659 2023-01-11T13:23:44Z 2023-01-11T13:23:44Z Senate S S 2013-11-06 113 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2013-11-06T22:32:54Z POST Act of 2013 113 3496 HR 2014-01-22 Referred to the Subcommittee on Higher Education and Workforce Training. Identical bill CRS 2013-11-07 Sponsor introductory remarks on measure. (CR S7912-7913) IntroReferral B00100 9 Library of Congress 2013-11-06 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S7878-7879) IntroReferral 2013-11-06 Introduced in Senate IntroReferral 10000 9 Library of Congress D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. N H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2013-11-06 True R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2013-12-11 False B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2013-12-12 False F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2013-12-12 False W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2014-02-25 False M001169 Sen. Murphy, Christopher [D-CT] Christopher Murphy D CT S. 2014-03-11 False S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI 2014-03-24 False R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2014-04-08 False Education Congressional oversight Education programs funding Higher education Student aid and college costs Veterans' education, employment, rehabilitation Veterans' loans, housing, homeless programs Education 00 2013-11-06 Introduced in Senate 2013-11-20T20:44:57Z Protecting Our Students and Taxpayers Act of 2013 or the POST Act of 2013 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 15% of their revenue from sources other than federal funds or become ineligible for title IV funding. (Currently, the 90/10 rule requires these schools to derive at least 10% of their revenue from sources other than title IV or become ineligible for title IV funding.)

Defines "federal funds" as federal financial assistance provided through a grant, contract, subsidy, loan, guarantee, insurance, or other means to a proprietary institution, including federal financial assistance that is provided to an institution on behalf of a student or to a student to attend the institution. Excludes monthly housing stipends provided under the Post-9/11 Veterans Educational Assistance program from consideration as federal funds.

Limits what a proprietary institution may treat as revenue to the school in calculating whether it derives at least 15% of its revenue from non-federal funds.

]]> POST Act of 2013 Display Title POST Act of 2013 Official Title as Introduced A bill to amend the Higher Education Act of 1965 regarding proprietary institutions of higher education in order to protect students and taxpayers. Introduced in Senate IS Short Titles as Introduced POST Act of 2013 Short Titles as Introduced Protecting Our Students and Taxpayers Act of 2013 Introduced in Senate 2013-11-06T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s1659is/xml/BILLS-113s1659is.xml 2013-11-07 Sponsor introductory remarks on measure. (CR S7912-7913) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.