Need-Based Educational Aid Act of 2015

Bill: 114-s-1482
Sponsor: full_name: Sen. Grassley, Chuck [R-IA]
Introduced: 2015-06-02
Policy area: Commerce
Subjects: Competition and antitrust

Higher education

Student aid and college costs

Student records
Latest action: action_date: 2015-08-06
text: Became Public Law No: 114-44.

Summaries:
action_date: 2015-06-02
action_desc: Introduced in Senate
text: <p><b>Need</b>-<b>Based</b> <b>Educational</b> <b>Aid Act of 2015</b></p> <p>This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.</p> <p>The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.</p>

action_date: 2015-07-09
action_desc: Reported to Senate without amendment
text: <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><b>Need</b>-<b>Based</b> <b>Educational</b> <b>Aid Act of 2015</b></p> <p>(Sec. 2) This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.</p> <p>The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.</p>

action_date: 2015-07-14
action_desc: Passed Senate without amendment
text: <p>(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)</p> <p><b>Need</b>-<b>Based</b> <b>Educational</b> <b>Aid Act of 2015</b></p> <p>(Sec. 2) This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.</p> <p>The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.</p>

action_date: 2015-07-27
action_desc: Passed House without amendment
text: <p>(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)</p> <p><b>Need</b>-<b>Based</b> <b>Educational</b> <b>Aid Act of 2015</b></p> <p>(Sec. 2) This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.</p> <p>The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.</p>

action_date: 2015-08-06
action_desc: Public Law
text: <p>(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)</p> <p><b>Need</b>-<b>Based</b> <b>Educational</b> <b>Aid Act of 2015</b></p> <p>(Sec. 2) This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.</p> <p>The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.</p>

tv_txt: II 114th CONGRESS 1st Session S. 1482 IN THE SENATE OF THE UNITED STATES June 2, 2015 Mr. Grassley (for himself, Mr. Leahy , and Mr. Lee ) introduced the following bill; which was read twice and referred to the Committee on the Judiciary A BILL To improve and reauthorize provisions relating to the application of the antitrust laws to the award of need-based educational aid.

1. Short title This Act may be cited as the Need-Based Educational Aid Act of 2015 . 2. Extension relating to the application of the antritrust laws to the award of need-based educational aid Section 568 of the Improving America's Schools Act of 1994 ( 15 U.S.C. 1 note) is amended— (1) in subsection (a)— (A) in paragraph (2), by inserting or after the semicolon; (B) in paragraph (3), by striking ; or and inserting a period at the end; and (C) by striking paragraph (4); and (2) in subsection (d), by striking 2015 and inserting 2022 .

tv_txt: 114th CONGRESS 1st Session S. 1482 IN THE SENATE OF THE UNITED STATES AN ACT To improve and reauthorize provisions relating to the application of the antitrust laws to the award of need-based educational aid.

1. Short title This Act may be cited as the Need-Based Educational Aid Act of 2015 . 2. Extension relating to the application of the antritrust laws to the award of need-based educational aid Section 568 of the Improving America's Schools Act of 1994 ( 15 U.S.C. 1 note) is amended— (1) in subsection (a)— (A) in paragraph (2), by inserting or after the semicolon; (B) in paragraph (3), by striking ; or and inserting a period at the end; and (C) by striking paragraph (4); and (2) in subsection (d), by striking 2015 and inserting 2022 .

Passed the Senate July 14, 2015. Secretary

tv_txt: II Calendar No. 146 114th CONGRESS 1st Session S. 1482 IN THE SENATE OF THE UNITED STATES June 2, 2015 Mr. Grassley (for himself, Mr. Leahy , and Mr. Lee ) introduced the following bill; which was read twice and referred to the Committee on the Judiciary July 9, 2015 Reported by Mr. Grassley , without amendment A BILL To improve and reauthorize provisions relating to the application of the antitrust laws to the award of need-based educational aid.

1. Short title This Act may be cited as the Need-Based Educational Aid Act of 2015 . 2. Extension relating to the application of the antritrust laws to the award of need-based educational aid Section 568 of the Improving America's Schools Act of 1994 ( 15 U.S.C. 1 note) is amended— (1) in subsection (a)— (A) in paragraph (2), by inserting or after the semicolon; (B) in paragraph (3), by striking ; or and inserting a period at the end; and (C) by striking paragraph (4); and (2) in subsection (d), by striking 2015 and inserting 2022 .

July 9, 2015 Reported without amendment

tv_txt: One Hundred Fourteenth Congress of the United States of America 1st Session Begun and held at the City of Washington on Tuesday, the sixth day of January, two thousand and fifteen S. 1482 IN THE SENATE OF THE UNITED STATES AN ACT To improve and reauthorize provisions relating to the application of the antitrust laws to the award of need-based educational aid.

1. Short title This Act may be cited as the Need-Based Educational Aid Act of 2015 . 2. Extension relating to the application of the antritrust laws to the award of need-based educational aid Section 568 of the Improving America's Schools Act of 1994 ( 15 U.S.C. 1 note) is amended— (1) in subsection (a)— (A) in paragraph (2), by inserting or after the semicolon; (B) in paragraph (3), by striking ; or and inserting a period at the end; and (C) by striking paragraph (4); and (2) in subsection (d), by striking 2015 and inserting 2022 .

Speaker of the House of Representatives Vice President of the United States and President of the Senate