Need-Based Educational Aid Act of 2015

Summary

Need - Based Educational Aid Act of 2015 This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid. The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.

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Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 23 July 2015

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• Reported in House (PDF)

  Reported in House · EN · 23 July 2015

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• Reported to House without amendment

  summary · EN · 23 July 2015

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• Introduced in House (text)

  Introduced in House · EN · 2 June 2015

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• Introduced in House (PDF)

  Introduced in House · EN · 2 June 2015

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• Introduced in House

  summary · EN · 2 June 2015

  Open at official source

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