Higher Education Innovation Act

Summary

Higher Education Innovation Act This bill establishes an alternative authorization process for institutions of higher education (IHEs) and other education providers to participate in federal student-aid programs. The Department of Education must approve innovation authorizers to authorize IHEs or other education providers that promote student success outcomes and cost-effectiveness, agree to outcome-based oversight and reporting requirements, meet performance metrics, and comply with other specified requirements. Authorization by an innovation authorizer is deemed recognized accreditation for purposes of participation in federal student-aid programs. An IHE or education provider may be both accredited by a recognized accrediting agency and authorized by an innovation authorizer, if it meets the requirements of both.

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Timeline

1. 28 April 2022

   Introduced

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

   Source: IntroReferral

2. 28 April 2022

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 28 April 2022 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 28 April 2022

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 28 April 2022

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 28 April 2022

  Open at official source

Sponsors

• Michael Bennet · D · Sponsor
• Sen. Rubio, Marco [R-FL] · R · Sponsor
• · sshr00 · Standing

Related records

• related to → Higher Education Innovation Act