To amend the Higher Education Act of 1965 to prevent Federal student assistance need analysis from penalizing parents for investing in prepaid tuition programs.
Tuition Investment Planning Protection Act of 1997 - Amends the Higher Education Act of 1965 to provide that, in determining a student's eligibility for student assistance, tuition prepayment plans shall not be considered estimated financial assistance. Treats any such plan, in determinations of a student's need for such assistance, as an asset of the parents of a dependent student or as an asset of an independent student.
Introduced in House
Introduced in House
Referred to the House Committee on Education and the Workforce.
Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
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