A bill to count revenues from military and veteran education programs toward the limit on Federal revenues that certain proprietary institutions of higher education are allowed to receive for purposes of section 487 of the Higher Education Act of 1965, and for other purposes.
Military and Veterans Education Protection Act
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 10% of their revenue from sources other than federal educational assistance, or risk becoming ineligible for title IV funding. Federal educational assistance includes title IV federal student aid and federal educational assistance for military personnel and veterans. Currently, this so-called 90/10 rule requires proprietary institutions to derive at least 10% of their revenue from sources other than title IV federal student aid, but it allows federal educational assistance for military personnel and veterans to count toward the 10%.
Referred to the Subcommittee on Higher Education and Workforce Training.
Referred to the Subcommittee on Military Personnel.
Referred to the Subcommittee on Higher Education and Workforce Training.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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