Pay for Student Success Act

Summary

Pay for Student Success Act This bill amends the Higher Education Act of 1965 to require the Department of Education (ED) to contract with eligible entities for pay-for-success projects that develop, implement, evaluate, and promote innovative strategies for increasing the postsecondary education retention and completion rates of students who receive Pell Grants and first-generation postsecondary students. Each entity that receives a contract must provide 90% of the project costs up front. ED may reimburse an entity for no more than 75% of the total project costs if ED determines, based on an independent evaluation, that the project is successful.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 May 2017

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 May 2017

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 4 May 2017

  Open at official source

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