In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Input: Consider Input: SECTION 1. TEACHER RECRUITMENT, RETENTION, AND TRAINING.

    (a) In General.--Title II of the Elementary and Secondary Education 
Act of 1965 (20 U.S.C. 6601 et seq.) is amended--
            (1) by redesignating part E as part F;
            (2) by redesignating sections 2401 and 2402 as sections 
        2501 and 2502, respectively; and
            (3) by inserting after part D the following:

         ``PART E--TEACHER RECRUITMENT, RETENTION, AND TRAINING

``SEC. 2401. PROGRAM AUTHORIZED.

    ``(a) In General.--The Secretary is authorized to make grants to 
local educational agencies to permit such agencies to recruit, retain, 
and train high-quality teachers by carrying out one or more of the 
activities described in subsection (b).
    ``(b) Uses of Funds.--
            ``(1) Recruitment, retention, and training activities.--A 
        local educational agency that receives a grant under this part 
        may use the grant funds for any of the following recruitment, 
        retention, and training activities:
                    ``(A) Providing signing bonuses for teachers.
                    ``(B) Carrying out merit pay programs.
                    ``(C) Providing performance bonuses to teachers.
                    ``(D) Providing scholarships to teachers to pursue 
                advanced course work.
                    ``(E) Providing mentoring programs for teachers.
                    ``(F) Coordinating with institutions of higher 
                education to provide professional development for 
                teachers.
                    ``(G) Any other activity that the local educational 
                agency believes to be effective in recruiting, 
                retaining, or training high-quality teachers.

``SEC. 2402. AUTHORIZATION OF APPROPRIATIONS.

    There are authorized to be appropriated to carry out this part such 
sums as may be necessary for each of fiscal years 2002 through 2004.''.
    (b) Conforming Amendments.--Section 2003 of the Elementary and 
Secondary Education Act of 1965 (20 U.S.C. 6603) is amended--
            (1) in subsection (a), by striking ``part C)'' and 
        inserting ``parts C and E)''; and
            (2) in subsection (b), by inserting ``(other than parts C 
        and E)'' after ``title''.

SEC. 2. LOAN FORGIVENESS FOR TEACHERS.

    (a) Elimination of New Borrower Restrictions.--
            (1) FFEL program.--Section 428J(b) of the Higher Education 
        Act of 1965 (20 U.S.C. 1078-10(b)) is amended by striking ``for 
        any new borrower on or after October 1, 1998, who'' and 
        inserting ``for any borrower who''.
            (2) Federal direct loan program.--Section 460(b)(1) of such 
        Act (20 U.S.C. 1087j(b)(1)) is amended by striking ``for any 
        new borrower on or after October 1, 1998, who'' and inserting 
        ``for any borrower who''.
    (b) Expansion of Eligible Teaching Locations and Subjects; 
Eliminating Delay in Service Benefit.--
            (1) FFEL program.--Section 428J(b)(1) of such Act is 
        amended by striking everything preceding subparagraph (B) and 
        inserting the following:
            ``(1) has been employed as a full-time teacher--
                    ``(A)(i) in a school that qualifies under section 
                465(a)(2)(A) for loan cancellation for Perkins loan 
                recipients who teach in such schools;
                    ``(ii) as a full-time special education teacher, as 
                described in section 465(a)(2)(C); or
                    ``(iii) as a full-time teacher in any field of 
                expertise where the State educational agency determines 
                there is a shortage of qualified teachers;''.
            (2) Federal direct loan program.--Section 460(b)(1)(A) of 
        such Act (20 U.S.C. 1087j(b)(1)(A)) is amended by striking 
        everything preceding clause (ii) and inserting the following:
                    ``(A) has been employed as a full-time teacher--
                            ``(i)(I) in a school that qualifies under 
                        section 465(a)(2)(A) for loan cancellation for 
                        Perkins loan recipients who teach in such 
                        schools;
                            ``(II) as a full-time special education 
                        teacher, as described in section 465(a)(2)(C); 
                        or
                            ``(III) as a full-time teacher in any field 
                        of expertise where the State educational agency 
                        determines there is a shortage of qualified 
                        teachers;''.
    (c) Amounts Subject to Forgiveness.--
            (1) FFEL program.--Section 428J(c) of the Higher Education 
        Act of 1965 (20 U.S.C. 1078-10(c)) is amended by striking 
        paragraph (1) and inserting the following:
            ``(1) Amount and rate of repayment.--The Secretary shall 
        repay an amount that is not more than $20,000 in the aggregate 
        of the loan obligation on a loan made under section 428 or 428H 
        that is outstanding after the completion of the first complete 
        school year of teaching described in subsection (b)(1) for 
        which the borrower seeks repayment under this section. Such 
        amount shall be repaid at the rate of 15 percent for the first 
        or second year of such service, 20 percent for the third or 
        fourth year of such service, and 30 percent for the fifth year 
        of such service. No borrower may receive a reduction of loan 
        obligations under both this section and section 460.''.
            (2) Federal direct loan program.--Section 460(c) of such 
        Act (20 U.S.C. 1087j(c)) is amended by striking paragraph (1) 
        and inserting the following:
            ``(1) Amount and rate of repayment.--The Secretary shall 
        cancel an amount that is not more than $20,000 in the aggregate 
        of the loan obligation on a loan made under section 428 or 428H 
        that is outstanding after the completion of the first complete 
        school year of teaching described in subsection (b)(1)(A). Such 
        amount shall be canceled at the rate of 15 percent for the 
        first or second year of such service, 20 percent for the third 
        or fourth year of such service, and 30 percent for the fifth 
        year of such service.''.

Output: Amends the Elementary and Secondary Education Act of 1965 to establish a new program for teacher recruitment, retention, and training. Authorizes the Secretary of Education to award grants to local educational agencies to recruit, retain, and train high-quality teachers through one or more specified types of activities.Amends the Higher Education Act of 1965 to revise student loan forgiveness for teachers under the Federal Family Education Loan and Federal Direct Loan programs. Expands forgiveness eligibility by: (1) eliminating requirements allowing only certain new borrowers to participate; and (2) increasing the types of eligible teaching locations and subjects. Eliminates a service requirement that an individual teach at least five consecutive complete school years before being eligible for program benefits. Increases to $20,000 the aggregate amount of an individual teacher's student loan obligation which may be forgiven, and revises the rate of repayment.


Input: Consider Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Childrens' Media Protection Act of 
1995''.

SEC. 2. FINDINGS.

    Congress makes the following findings:
            (1) On average, a child in the United States is exposed to 
        27 hours of television each week, and some children are exposed 
        to as much as 11 hours of television each day.
            (2) The average American child watches 8,000 murders and 
        100,000 acts of other violence on television by the time the 
        child completes elementary school.
            (3) By the age of 18 years, the average American teenager 
        has watched 200,000 acts of violence on television, including 
        40,000 murders.
            (4) The Times Mirror Center reports that a recent poll of 
        Americans indicates that 72 percent of the American people 
        believe that there is too much violence on television, and, 
        according to a survey by U.S. News and World Report dated May 
        1994, 91 percent of American voters believe that mayhem in the 
        media contributes to violence in real life.
            (5) On several occasions since 1975, The Journal of the 
        American Medical Association has alerted the medical community 
        to the adverse effects of televised violence on child 
        development, including an increase in the level of aggressive 
        behavior and violent behavior among children who view it.
            (6) The National Commission on Children recommended in 1991 
        that producers of television programs exercise greater 
        restraint in the content of programming for children.
            (7) A report of the Harry Frank Guggenheim Foundation, 
        dated May 1993, indicates that there is an irrefutable 
        connection between the amount of violence depicted in the 
        television programs watched by children and increased 
        aggressive behavior among children.
            (8) It is in the National interest that parents be 
        empowered with the technology to block the viewing of 
        television programs whose content is overly violent or 
        objectionable for other reasons.
            (9) Technology currently exists to permit the manufacture 
        of television receivers that are capable of permitting parents 
        to block television programs having violent or otherwise 
        objectionable content.

SEC. 3. ESTABLISHMENT OF TELEVISION VIOLENCE RATING CODE.

    Section 303 of the Communications Act of 1934 (47 U.S.C. 303) is 
amended by adding at the end the following:
    ``(v) Prescribe, in consultation with television broadcasters, 
cable operators, appropriate public interest groups, and interested 
individuals from the private sector, rules for rating the level of 
violence in television programming, including rules for the 
transmission by television broadcast systems and cable systems of 
signals containing specifications for blocking violent programming.''.

SEC. 4. REQUIREMENT FOR MANUFACTURE OF TELEVISIONS THAT BLOCK PROGRAMS.

    Section 303 of the Communications Act of 1934 (47 U.S.C. 303), as 
amended by section 3, is further amended by adding at the end the 
following:
    ``(w) Require, in the case of apparatus designed to receive 
television signals that are manufactured in the United States or 
imported for use in the United States and that have a picture screen 13 
inches or greater in size (measured diagonally), that such apparatus--
            ``(1) be equipped with circuitry designed to enable viewers 
        to block the display of channels, programs, and time slots; and
            ``(2) enable viewers to block display of all programs with 
        a common rating.''.

SEC. 5. SHIPPING OR IMPORTING OF TELEVISIONS THAT BLOCK PROGRAMS.

    (a) Regulations.--Section 330 of the Communications Act of 1934 (47 
U.S.C. 330) is amended--
            (1) by redesignating subsection (c) as subsection (d); and
            (2) by adding after subsection (b) the following new 
        subsection (c):
    ``(c)(1) Except as provided in paragraph (2), no person shall ship 
in interstate commerce, manufacture, assemble, or import from any 
foreign country into the United States any apparatus described in 
section 303(w) of this Act except in accordance with rules prescribed 
by the Commission pursuant to the authority granted by that section.
    ``(2) This subsection shall not apply to carriers transporting 
apparatus referred to in paragraph (1) without trading it.
    ``(3) The rules prescribed by the Commission under this subsection 
shall provide performance standards for blocking technology. Such rules 
shall require that all such apparatus be able to receive the rating 
signals which have been transmitted by way of line 21 of the vertical 
blanking interval and which conform to the signal and blocking 
specifications established by the Commission.
    ``(4) As new video technology is developed, the Commission shall 
take such action as the Commission determines appropriate to ensure 
that blocking service continues to be available to consumers.''.
    (b) Conforming Amendment.--Section 330(d) of such Act, as 
redesignated by subsection (a)(1), is amended by striking ``section 
303(s), and section 303(u)'' and inserting in lieu thereof ``and 
sections 303(s), 303(u), and 303(w)''.

SEC. 6. ELIMINATION OF VIOLENT PROGRAMMING ON TELEVISION DURING CERTAIN 
              HOURS.

    Title I of the Children's Television Act of 1990 (47 U.S.C. 303a et 
seq.) is amended by adding at the end the following:

                  ``prohibition on violent programming

    ``Sec. 105. (a) The Commission shall, within 30 days of the date of 
the enactment of this Act, initiate a rule-making proceeding to 
prescribe a prohibition on the broadcast on commercial television and 
by public telecommunications entities, including the broadcast by cable 
operators, from the hours of 6 a.m. to 10 p.m., inclusive, of 
programming that contains gratuitous violence.
    ``(b) As used in this section:
            ``(1) The term `cable operator' has the meaning given such 
        term in section 602 of the Communications Act of 1934 (47 
        U.S.C. 522).
            ``(2) The term `programming' includes advertisements but 
        does not include bona fide newscasts, bona fide news 
        interviews, bona fide news documentaries, and on-the-spot 
        coverage of bona fide news events.
            ``(3) The term `public telecommunications entity' has the 
        meaning given such term in section 397(12) of the 
        Communications Act of 1934 (47 U.S.C. 397(12)).''.

SEC. 7. BROADCAST ON TELEVISION AND CABLE OF EDUCATIONAL AND 
              INFORMATIONAL PROGRAMMING FOR CHILDREN.

    (a) Broadcast Television.--Section 309 of the Communications Act of 
1934 (47 U.S.C. 309) is amended by adding at the end the following:
    ``(k) Educational and Information Programming for Children.--In 
granting an application for a license for a television broadcasting 
station (including an application for renewal of such a license), the 
Commission shall impose such conditions upon the applicant as the 
Commission requires in order to ensure that the applicant complies 
under the license with the standards for children's television 
programming established under section 102 of the Children's Television 
Act of 1990 (47 U.S.C. 303a) and otherwise serves the educational and 
informational needs of children through its overall programming.''.
    (b) Cable Service.--Part III of title VI of the Communications Act 
of 1934 (47 U.S.C. 541 et seq.) is amended by adding at the end the 
following:

         ``educational and information programming for children

    ``Sec. 629. A franchise, including the renewal of a franchise, may 
not be awarded under this part unless the cable operator to be awarded 
the franchise agrees to comply with the standards for children's 
television programming established under section 102 of the Children's 
Television Act of 1990 (47 U.S.C. 303a) and to otherwise serve the 
educational and informational needs of children in the provision of 
cable service under the franchise.''.

Output: Childrens' Media Protection Act of 1995 - Amends the Communications Act of 1934 to direct the Federal Communications Commission (FCC) to: (1)  prescribe rules for the rating of violence levels in television programming, including rules for the transmission of signals containing specifications for blocking violent programming; and (2) require television sets with picture screens of 13 inches or more to be equipped with blocking circuitry and enable viewers to block display of all programs with a common rating.  Prohibits any person from shipping, manufacturing, assembling, or importing any television not so equipped.  Requires performance standards for blocking technology. 
(Sec. 6) Directs the FCC to initiate a rulemaking proceeding to prescribe a prohibition on the broadcast on commercial television and any public telecommunications entities between six o'clock a.m. and ten o'clock p.m., inclusively, of programming that contains gratuitous violence. 
(Sec. 7) Directs the FCC, in granting an application for a television broadcast license, to impose conditions which ensure that the applicant complies with the standards for children's television programming as established under the Children's Television Act of 1990 and otherwise serves the educational and informational needs of children through its overall programming.  Prohibits a cable franchise award or renewal unless the cable operator complies with such standards.


Input: Consider Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protect Student Borrowers Act of 
2015''.

SEC. 2. PURPOSE.

    The purpose of this Act is to protect student borrowers by 
requiring institutions of higher education to assume some of the risk 
of default for student loans under part D of title IV of the Higher 
Education Act of 1965 (20 U.S.C. 1087a et seq.).

SEC. 3. INSTITUTIONAL REBATES TO THE DEPARTMENT OF EDUCATION FOR 
              DEFAULTED LOANS.

    Section 454 of the Higher Education Act of 1965 (20 U.S.C. 1087d) 
is amended--
            (1) in subsection (a)--
                    (A) in paragraph (5), by striking ``and'' after the 
                semicolon;
                    (B) in paragraph (6), by striking the period at the 
                end and inserting ``; and''; and
                    (C) by adding at the end the following:
            ``(7) provide that the institution accepts the 
        institutional risk-sharing requirements under subsection (d), 
        if applicable.''; and
            (2) by adding at the end the following:
    ``(d) Institutional Risk-Sharing for Student Loan Defaults.--
            ``(1) In general.--Subject to paragraph (3), each 
        institution of higher education participating in the direct 
        student loan program under this part for a fiscal year that has 
        a rate of participation in such program for all students 
        enrolled at that institution for such fiscal year that is 25 
        percent or higher shall remit, at such times as the Secretary 
        may specify, a risk-sharing payment based on a percentage of 
        the volume of student loans under this part that are in 
        default, as determined under paragraph (2).
            ``(2) Determination of risk-sharing payments.--Subject to 
        paragraph (3), with respect to each fiscal year, an institution 
        of higher education described in paragraph (1) that has a 
        cohort default rate (as defined in section 435(m))--
                    ``(A) that is 30 percent or higher for the most 
                recent fiscal year for which data are available, shall 
                pay to the Secretary for the fiscal year an amount that 
                is equal to 20 percent of the total amount (including 
                interest and collection fees) of loans made under this 
                part to students who are in default for such most 
                recent fiscal year for which data are available;
                    ``(B) that is lower than 30 percent but not lower 
                than 25 percent for the most recent fiscal year for 
                which data are available, shall pay to the Secretary 
                for the fiscal year an amount that is equal to 15 
                percent of the total amount (including interest and 
                collection fees) of loans made under this part to 
                students who are in default for such most recent fiscal 
                year for which data are available;
                    ``(C) that is lower than 25 percent but not lower 
                than 20 percent for the most recent fiscal year for 
                which data are available, shall pay to the Secretary 
                for the fiscal year an amount that is equal to 10 
                percent of the total amount (including interest and 
                collection fees) of loans made under this part to 
                students who are in default for such most recent fiscal 
                year for which data are available; and
                    ``(D) that is lower than 20 percent but not lower 
                than 15 percent for the most recent fiscal year for 
                which data are available, shall pay to the Secretary 
                for the fiscal year an amount that is equal to 5 
                percent of the total amount (including interest and 
                collection fees) of loans made under this part to 
                students who are in default for such most recent fiscal 
                year for which data are available.
            ``(3) Waiver and reduced risk-sharing payments.--
                    ``(A) Waiver.--The Secretary shall waive the risk-
                sharing payments described in paragraph (1) for an 
                institution described in paragraph (2)(D) that meets 
                the requirements of subparagraph (D).
                    ``(B) Reduced risk-sharing payments.--If an 
                institution has in place a student loan management plan 
                described in subparagraph (D) that is approved by the 
                Secretary, the Secretary shall reduce the total annual 
                amount of risk-sharing payments as follows:
                            ``(i) With respect to an institution with a 
                        cohort default rate described in paragraph 
                        (2)(A), the risk-sharing payment shall be in an 
                        amount that is equal to 15 percent of the total 
                        amount (including interest and collection fees) 
                        of loans made under this part to students who 
                        are in default.
                            ``(ii) With respect to an institution with 
                        a cohort default rate described in paragraph 
                        (2)(B), the risk-sharing payment shall be in an 
                        amount that is equal to 10 percent of the total 
                        amount (including interest and collection fees) 
                        of loans made under this part to students who 
                        are in default.
                            ``(iii) With respect to an institution with 
                        a cohort default rate described in paragraph 
                        (2)(C), the risk-sharing payment shall be in an 
                        amount that is equal to 5 percent of the total 
                        amount (including interest and collection fees) 
                        of loans made under this part to students who 
                        are in default.
                    ``(C) Continuation of waiver or reduced payments.--
                An institution that receives a waiver under 
                subparagraph (A) or a reduced risk-sharing payment 
                under subparagraph (B) may receive a waiver or reduced 
                payment for a subsequent fiscal year only if the 
                Secretary determines that the institution is making 
                satisfactory progress in carrying out the student loan 
                management plan described in subparagraph (D), 
                including evidence of the effectiveness of the 
                individualized financial aid counseling for students.
                    ``(D) Student loan management plan.--An institution 
                that seeks a waiver or reduction of its risk-sharing 
                payment, shall develop and carry out a student loan 
                management plan that shall include an analysis of the 
                risk factors correlated with higher student loan 
                defaults that are present at the institution and 
                actions that the institution will take to address such 
                factors. Such plan shall include individualized 
                financial aid counseling for students and strategies to 
                minimize student loan default and delinquency.
                    ``(E) Waiver or reduction for certain 
                institutions.--In addition to the other risk-sharing 
                payment waivers and reductions described in this 
                paragraph, the Secretary may waive or reduce risk-
                sharing payments if--
                            ``(i) an institution is eligible under--
                                    ``(I) part A or part B of title 
                                III; or
                                    ``(II) title V; and
                            ``(ii) the Secretary determines that--
                                    ``(I) the institution is making 
                                satisfactory progress in carrying out 
                                the institution's student loan 
                                management plan described under 
                                subparagraph (D); and
                                    ``(II) granting a waiver or 
                                reduction of risk-sharing payments 
                                would be in the best interest of 
                                students at the institution.
            ``(4) Prohibition.--An institution of higher education 
        shall not deny admission or financial aid to a student based on 
        a perception that such student may be at risk for defaulting on 
        a loan made under this part.
            ``(5) Fund for the deposit of risk-sharing payments.--
                    ``(A) In general.--There is established in the 
                Treasury of the United States a separate account for 
                the deposit of risk-sharing payments collected under 
                this subsection. The Secretary shall deposit any 
                payments collected pursuant to this subsection into 
                such fund.
                    ``(B) Use of funds.--Of the amounts in the fund 
                described in subparagraph (A), for each fiscal year--
                            ``(i) not more than 50 percent of such 
                        amounts shall be made available to the 
                        Secretary to enter into contracts or 
                        cooperative agreements for delinquency and 
                        default prevention or rehabilitation under 
                        section 456(c); and
                            ``(ii) the Secretary shall reserve the 
                        remainder of such amounts for a Federal Pell 
                        Grant fund that shall be used to offset any 
                        future shortfalls in funding under the Federal 
                        Pell Grant program.
            ``(6) Applicability.--The Secretary shall carry out this 
        subsection beginning with the cohort default rate for the 2014 
        cohort. The 2014 cohort shall include current and former 
        students who enter repayment in fiscal year 2014.
            ``(7) Report to congress.--The Secretary shall report on an 
        annual basis to the Committee on Health, Education, Labor, and 
        Pensions of the Senate and the Committee on Education and the 
        Workforce of the House of Representatives the following 
        information:
                    ``(A) A list of institutions that have been subject 
                to risk-sharing payments in the previous year.
                    ``(B) The required risk-sharing payment from such 
                institutions.
                    ``(C) The amount of risk-sharing payments collected 
                from such institutions.
                    ``(D) A list of the institutions that have received 
                waivers from the risk-sharing payment and the reason 
                for such waiver.
                    ``(E) A list of the institutions that have received 
                reductions in the required risk-sharing payment.
                    ``(F) The use of funds deposited from risk-sharing 
                payments, including a list of any contracts or 
                cooperative agreements for delinquency and default 
                prevention or rehabilitation and the amount reserved 
                for the Federal Pell Grant program.''.

SEC. 4. CONTRACTS AND COOPERATIVE AGREEMENTS.

    Section 456 of the Higher Education Act of 1965 (20 U.S.C. 1087f) 
is amended by adding at the end the following:
    ``(c) Contracts and Cooperative Agreements for Delinquency and 
Default Prevention and for Default Rehabilitation.--The Secretary may 
enter into contracts or cooperative agreements for--
            ``(1) statewide or institutionally based programs for the 
        prevention of Federal student loan delinquency and default at 
        institutions of higher education that--
                    ``(A) have a high cohort default rate as defined 
                under section 435(m); or
                    ``(B) serve large numbers or percentages of student 
                loan borrowers who have a risk factor associated with 
                higher default rates on Federal student loans under 
                this title, such as coming from a low-income family, 
                being a first generation postsecondary education 
                student, not having a secondary school diploma, or 
                having previously defaulted on, and rehabilitated, a 
                loan made under this title; and
            ``(2) increasing the number of borrowers who successfully 
        rehabilitate defaulted loans.''.

SEC. 5. FINANCIAL RESPONSIBILITY.

    Section 498(c)(1) of the Higher Education Act of 1965 (20 U.S.C. 
1099c(c)(1)) is amended by striking subparagraph (C) and inserting the 
following:
                    ``(C) to meet all of its financial obligations, 
                including institutional risk-sharing payments, refunds 
                of institutional charges, and repayments to the 
                Secretary for liabilities and debts incurred in 
                programs administered by the Secretary.''.


Output: Protect Student Borrowers Act of 2015 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require institutions of higher education (IHEs) participating in the William D. Ford Federal Direct Loan program to accept specified risk-sharing requirements.  For any fiscal year in which at least 25% of the IHE's student body is participating in the Direct Loan program, the IHE must remit a risk-sharing payment (a percentage of the total amount of its defaulted Direct Loans) that declines as the cohort default rate declines.  If an IHE develops and implements an approved student loan management plan that includes individualized financial aid counseling for students and strategies to minimize student loan default and delinquency, the Department of Education (ED) must modify the risk-sharing requirements. ED may waive or reduce an IHE's risk-sharing payments in certain other instances.  An IHE may not deny admission or financial aid based on a perception that a student may be at risk for defaulting on a Direct Loan.  ED may enter into contracts or cooperative agreements for: (1) statewide or institutionally-based programs for the prevention of federal student loan delinquency and default at IHEs that have a high cohort default rate or serve large numbers of students who have a higher risk of defaulting on student loans under title IV, and (2) increasing the number of borrowers who successfully rehabilitate defaulted loans. Risk-sharing payments are to be deposited in a separate account in the Treasury and used as follows: (1) up to 50% for ED to enter into the contracts or cooperative agreements for delinquency and default prevention or rehabilitation, and (2) the remainder to offset any future shortfalls in funding under the Federal Pell Grant program. An IHE's ability to meet its obligation to make risk-sharing payments shall be part of the determination of its eligibility to participate in title IV programs.