A bill to amend the Higher Education Opportunity Act to restrict institutions of higher education from using revenues derived from Federal educational assistance funds for advertising, marketing, or recruiting purposes.
Protecting Financial Aid for Students and Taxpayers Act
This bill amends the Higher Education Opportunity Act to prohibit an institution of higher education or postsecondary educational institution from using revenues derived from federal educational assistance funds for recruiting or marketing activities.
Federal educational assistance funds include federal student aid under title IV of the Higher Education Act of 1965, education benefits for military personnel and veterans, and grants for workforce development programs.
Referred to the House Committee on Education and the Workforce.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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