S 2954 · 113th Congress · Education
Higher Education Affordability Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2014-11-20)
Plain Language Summary
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Higher Education Affordability Act - Amends the Higher Education Act of 1965 (HEA) to revise and reauthorize HEA programs. Title I: General Provisions - Requires proprietary institutions of higher education, for student aid eligibility purposes, to derive at least 15% of their revenue from sources other than federal funds. Prohibits institutions of higher education (IHEs) that are affiliated with a consumer financial product or service from receiving HEA funds unless they take specified steps to avoid conflicts of interest. Prohibits IHEs or other postsecondary educational institutions from using revenues derived from federal educational assistance funds for recruiting or marketing activities. Requires the establishment of new college cost and assistance information resources for students, parents, and the public and the enhancement of existing resources. Prohibits a state from charging certain active duty military personnel and homeless and foster care youth tuition for attending a public institution of higher education at a rate that is greater than the rate charged for state residents. Directs the Secretary of Education to establish a complaint tracking system to collect, monito…
Summarized by Claude AI · Non-partisan · For informational purposes only