A bill to amend title IX of the Education Amendments of 1972 relating to sex discrimination.

Amends title IX of the Education Amendments of 1972 (Prohibition of Sex Discrimination) to restrict the scope of such title to students.

Limits the applicability of such title to those educational programs or activities which themselves receive Federal financial assistance which a Federal agency is expressly authorized by statute to extend by grant, loan, or contract (other than a contract of insurance or guaranty).

Makes such title inapplicable to any educational program or activity on the basis that a student receives Federal financial aid, regardless of whether such aid is received through the institution. Applies the discrimination prohibition to any institution which has substantial responsibility for administering a Federal student aid program and has discretion to determine the receipt of assistance.

Applies such title to admissions to institutions conducting federally assisted programs or activities.