Protecting Financial Aid for Students and Taxpayers Act

Summary

Protecting Financial Aid for Students and Taxpayers Act This bill amends the Higher Education Opportunity Act to prohibit an institution of higher education (IHE) or postsecondary educational institution from using revenues derived from federal educational assistance funds for recruiting or marketing activities. Federal educational assistance funds include federal student aid under title IV (Student Assistance) of the Higher Education Act of 1965, education benefits for military personnel and veterans, and grants for workforce development programs. An IHE or postsecondary educational institution must annually certify compliance with this requirement to retain eligibility to participate in title IV federal student aid programs.

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Timeline

1. 30 July 2015

   Introduced

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

   Source: IntroReferral

2. 30 July 2015

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 30 July 2015 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 30 July 2015

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 30 July 2015

  DownloadOpen at official source

• Introduced in Senate

  summary · EN · 30 July 2015

  Open at official source

Sponsors

• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• Rep. Durbin, Richard J. [D-IL-20] · D · Sponsor
• Sen. Franken, Al [D-MN] · D · Sponsor
• Rep. Carper, Thomas R. [D-DE-At Large] · D · Sponsor
• Sen. Blumenthal, Richard [D-CT] · D · Sponsor
• Sen. Murphy, Christopher [D-CT] · D · Sponsor
• · sshr00 · Standing

Related records

• related to ← Protecting Financial Aid for Students and Taxpayers Act