Student Records Protection Act

To amend the Higher Education Act of 1965 to require institutions of higher education to establish record-management plans in order to be accredited or continue to be accredited, and for other purposes. 1. Short title This Act may be cited as the Student Records Protection Act 2. Record-management plans required (a) Accrediting requirements Section 496(c) of the Higher Education Act of 1965 ( 20 U.S.C. 1099b(c) (1) in paragraph (8), by striking and (2) in paragraph (9), by striking the period at the end and inserting ; and (3) by adding at the end the following: (10) beginning on the date that is 5 years after the date of the enactment of this paragraph, requires an institution to submit for approval to the accrediting agency a records management plan upon the institution’s notifying the accrediting agency that the institution intends to cease operations. Such plan shall include— (A) a plan for the custody, continued access, and disposition of student records, including student transcripts, billing, and financial aid records; (B) a plan to provide to the Secretary, State authorizing agency, and such accrediting agency or association a list that includes the name and contact information of each student enrolled in such institution— (i) on the date such institution closed; (ii) on the date that is 120 days before the date described in clause (i); and (iii) on the date that is 180 days before the date described in clause (i); (C) an assurance from the institution that such institution— (i) will release all financial holds placed on student records; (ii) for the 1-year period beginning on the date of the closure of such institution, will not require any student or former student who requests the student records of such student to purchase such records or otherwise charge such student a fee with respect to such records; and (iii) after the 1-year period described in clause (ii), will either continue to not require the purchase of the records described in such subclause or charge a nominal fee with respect to such records, as determined by the Secretary; and (D) an estimate of the costs necessary to carry out the record-management plan and a plan for how such institution will provide funding for such costs. . (b) Program participation agreement (1) Amendment Section 487(f)(1) of the Higher Education Act of 1965 ( 20 U.S.C. 1094(f)(1) and to prepare and submit to the Secretary a record-management plan that includes the information required under subparagraphs (A) through (D) of section 496(c)(10). (2) Effective date The amendment made by paragraph (1) shall take effect on the date that is 6 months after the date of the enactment of this Act.

Summary: Student Records Protection ActThis bill revises the requirements for an accrediting agency to be recognized by the Department of Education (ED) as a reliable authority on the quality of education being offered at an institution of higher education (IHE). It also requires an IHE to establish a records management plan for accreditation purposes.Specifically, an accrediting agency must require an IHE to submit for approval a records management plan upon notification by the IHE that it intends to cease its operations. The plan must include a plan for the custody, continued access, and disposition of student records (e.g., student transcripts, billing, and financial aid records). Further, the IHE must submit the plan to ED.Under current law, an IHE must be accredited by an accrediting agency to participate in federal student aid programs. &nbsp;&nbsp;