3.0.0 1525 2022-11-01T05:32:25Z 2022-11-01T05:32:25Z Senate S 2019-05-16 116 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2019-05-16T19:28:11Z 2019-05-16 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2019-05-16 Introduced in Senate IntroReferral 10000 9 Library of Congress S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH N Y000064 Sen. Young, Todd [R-IN] Todd Young R IN C. 2019-05-16 True Education Academic performance and assessments Congressional oversight Education of the disadvantaged Education programs funding Government information and archives Government lending and loan guarantees Higher education Student aid and college costs Education 00 2019-05-16 Introduced in Senate 2021-01-27T21:18:09Z 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.

The bill makes an IHE ineligible for federal student financial aid programs for two fiscal years if a certain percentage of its students are not able to start repaying the principal of their loans by specified deadlines.

The Department of Education must award grants to IHEs 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 revises the types of student service expenditures and resources information collected by the National Center for Education Statistics.

]]> Student Protection and Success Act Display Title Student Protection and Success Act Short Title(s) as Introduced Student Protection and Success Act Introduced in Senate IS Official Title as Introduced 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 in Senate IS Introduced in Senate 2019-05-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1525is/xml/BILLS-116s1525is.xml 2019-05-16 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. 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.