Student Loan Protection Act - Amends the Higher Education Act of 1965 to revise provisions for financial guarantees for student aid program institutional eligibility and certification to: (1) add a penalty for willful failure to refund unearned institutional charges; (2) require certain financial guarantees for provisional certification of a proprietary institution of higher education; and (3) require notification of the change in filing status of an institution from for-profit to nonprofit ownership.
Introduced in House
Introduced in House
Referred to the House Committee on Education and the Workforce.
Sponsor introductory remarks on measure. (CR E2301-2302)
Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
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