jiayi-li23/proxann_data huggingface dataset:
Topic: Education — Higher
Subject: Education
Date: 2015-04-27 00:00:00

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.
Topic: Education — Higher
Subject: Education
Date: 2015-04-28 00:00:00

Go to High School, Go to College Act of 2015

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education to carry out (from July 1, 2015, through June 30, 2021) a program awarding Early College Federal Pell Grants to students to support their enrollment in, and completion of, postsecondary courses offered through early college high schools.

Students who would be eligible for a Federal Pell Grant if not for their enrollment in secondary school are deemed eligible for an Early College Federal Pell Grant upon their completion of a full-time postsecondary semester or its equivalent.

Students may receive Early College Federal Pell Grants in an amount equal to the cost of not more than four full-time postsecondary semesters or the equivalent while enrolled in postsecondary courses offered by an early college high school.

Early College Federal Pell Grants shall count toward the 12-semester, or equivalent, limit on a student's receipt of Federal Pell Grants.
Topic: Education — Higher
Subject: Education
Date: 2015-04-29 00:00:00

Early Pell Promise Act

This bill amends the Higher Education Act of 1965 to authorize the Department of Education to carry out a program of grants to state educational agencies (SEAs) under which a student who is in eighth grade and is eligible for a free or reduced price lunch under the Richard B. Russell National School Lunch Act may be provided a commitment to receive a Federal Pell Grant early in the student's academic career.

Pursuant to such a commitment, the student receives a Pell Grant during the first two years of attendance at an institution of higher education (IHE) as an undergraduate if the student:

 files the FAFSA form during the senior year of secondary school and the succeeding year, and enrolls at the IHE not later than three years after receiving a secondary school diploma or after release from the Armed Forces. A student may not receive the early Pell Grant for a succeeding year if the expected family contribution for either year is more than twice the threshold amount for Pell Grant eligibility for that year.

Funds are reserved for an independent evaluation of the program's impact.

In order to participate in the program, an SEA must develop a targeted information campaign and include in the plan for that campaign cost data disaggregated by institution type and information on both state and federal financial aid.
Topic: Education — Higher
Subject: Education
Date: 2015-04-30 00:00:00

Protecting Students from Worthless Degrees Act

 This bill makes any institution of higher education (IHE) postsecondary program designed to prepare students for a recognized occupation or profession requiring licensing or other entry pre-conditions ineligible to participate in a federal financial assistance program, unless it meets specified student consumer protection requirements within one year after this Act's enactment.

Each program must: (1) fully prepare students to satisfy those entry pre-conditions in the metropolitan statistical areas and states in which the students reside and in any state the program claims a successful program graduate will be prepared to work in the particular occupation or profession involved; and (2) provide timely placement of students in required pre-licensure positions, such as clinical placements, internships, or apprenticeships.

The bill requires the Department of Education to promulgate regulations regarding pre-accredited IHE programs to: (1) impose consumer protection requirements that are consistent with those this Act imposes on accredited programs, and (2) condition an IHE's participation in any federal financial assistance program on the IHE signing a loan discharge agreement with each student who is enrolled in any pre-accredited program.
Topic: Education — Higher
Subject: Education
Date: 2015-05-05 00:00:00

Student Right to Know Before You Go Act of 2015 

This bill amends the Higher Education Act of 1965 to modify reporting requirements for institutions of higher education (IHEs) that participate in title IV federal financial aid programs. Currently, to retain title IV eligibility, IHEs must report data to the Department of Education (ED) through the Integrated Postsecondary Education Data System (IPEDS).

This bill requires IHEs to submit additional student enrollment data to ED to enable coding and reporting on students' level of academic preparation. It also requires ED to calculate additional outcome measures by institution and program, including:

 the percentage of students who receive federal, state, or institutional grants or loans; the average amount of federal loan debt upon graduation; the average amount of total federal loan debt of students who do not complete a program of study; student transfer rates; rates of continuation to higher levels of education; and the percentage of students who receive the degree they initially sought. ED must report additional outcome measures established by this Act, as well as all existing student data in IPEDS, based on these student types:

 receipt or non-receipt of federal Pell Grants, receipt or non-receipt of Stafford Loans,  participation in the Post-9/11 Veterans Educational Assistance Program, enrollment status, and enrollment intensity. ED must also, in cooperation with the Social Security Administration, make publicly available data on employment metrics and median annual earnings 2 years, 6 years, and 15 years after program completion. ED must report the data by:

 education program, credential received, institution, and state of employment.
Topic: Education — Higher
Subject: Armed forces and national security
Date: 2015-05-12 00:00:00

Veterans Education Priority Enrollment Act of 2015

Prohibits the Secretary of Veterans Affairs or a state approving agency from approving a program of education offered by an educational institution for purposes of an educational assistance program for veterans or members of the Selected Reserve or the Ready Reserve of the Armed Forces unless any such institution that administers a priority enrollment system allows an eligible veteran, member, or dependent to enroll in courses at the earliest possible time.
Topic: Education — Higher
Subject: Finance and financial sector
Date: 2015-05-12 00:00:00

Federal Adjustment in Reporting Student Credit Act of 2015 or the FAIR Student Credit Act of 2015 

Amends the Fair Credit Reporting Act to allow a person to request the removal of a previously reported default regarding a qualified education loan from a consumer report if: (1) the lender chooses to offer a loan rehabilitation program that requires a number of consecutive on-time monthly payments equal to the number of payments specified in a default reduction program under the Higher Education Act of 1965, and (2) the consumer of such loan successfully and voluntarily meets the requirements of that loan rehabilitation program.

Permits a consumer to obtain such rehabilitation benefits only once per loan.

Requires the Government Accountability Office to report on any hurdles borrowers experience with the private loan rehabilitation program.
Topic: Education — Higher
Subject: Education
Date: 2015-05-14 00:00:00

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Children of Fallen Heroes Scholarship Act

(Sec. 2) This bill amends the Higher Education Act of 1965 to eliminate the expected family contribution (EFC) used to determine financial need in the case of a Pell Grant-eligible student whose parent or guardian died in the line of duty as a police officer, firefighter, or other public safety officer. Such student is eligible to receive an automatic zero EFC and qualify for the maximum Pell Grant award if the student was less than 24 years old or enrolled at an institution of higher education at the time of the parent or guardian's death. (Sec. 4) It specifies procedures for determining the budgetary effects of this bill for compliance with the Statutory Pay-As-You-Go (PAYGO) Act of 2010.
Topic: Education — Higher
Subject: Education
Date: 2015-05-19 00:00:00

College for All Act

This bill directs the Department of Education (ED) to award grants to states to eliminate tuition and required fees at public institutions of higher education (IHEs).

It also amends the Higher Education Act of 1965 to:

 modify provisions related to interest rates on federal student loans to revise rates applicable to new loans disbursed on or after July 1, 2015; allow student loan borrowers to modify interest rates on outstanding federal student loans to current rates; reauthorize the Federal Work Study program for FY2016-FY2020; eliminate existing base guarantees of Federal Work Study funds to IHEs and require funds to be allocated based solely on the aggregate need of the institution’s students; authorize ED to establish a pilot program to streamline the federal financial assistance application process and reduce the need for students to apply for financial assistance each year; and require ED to use tax information from the second preceding tax year (the “prior, prior year”) to determine a student’s financial aid eligibility. Inclusive Prosperity Act of 2015

To offset the cost, this bill amends the Internal Revenue Code to impose a transaction tax on certain securities transfers. An individual taxpayer whose modified adjusted gross income does not exceed $50,000 ($75,000 for married taxpayers filing joint returns) is eligible for a tax credit for the amount of tax paid on covered transactions.
Topic: Education — Higher
Subject: Finance and financial sector
Date: 2015-05-19 00:00:00

Andrew Prior Act or Andrew's Law

This bill amends the Truth in Lending Act to discharge the repayment obligations of the estate of a borrower and any cosigner of a private educational loan if the borrower dies.

The Consumer Financial Protection Bureau (CFPB) must develop necessary and appropriate safeguards to prevent fraud and abuse in the discharge of those obligations.

The CFPB may promulgate regulations to reinstate those obligations in any case in which it determines that doing so is necessary to protect the public interest.
Topic: Education — Higher
Subject: Taxation
Date: 2015-05-21 00:00:00

Higher Education Tax Benefit Compliance Improvement Act

This bill amends the Internal Revenue Code to: (1) exempt an institution of higher education from tax penalties for failure to provide the tax identification number (TIN) of a person who claims a tax credit for tuition and related expenses if such institution certifies that it has complied with standards for obtaining the TIN, and (2) disallow the American Opportunity tax credit and the tax deduction for tuition and related expenses unless the taxpayer receives a payee statement containing the TIN of the individual claiming the credit or the deduction.
Topic: Education — Higher
Subject: Commerce
Date: 2015-06-02 00:00:00

(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)

Need-Based Educational Aid Act of 2015

(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.

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.
Topic: Education — Higher
Subject: Education
Date: 2015-06-11 00:00:00

Adjunct Faculty Loan Fairness Act of 2015

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to treat part-time teachers as public service employees, for purposes of the William D. Ford Federal Direct Loan forgiveness program for public service employees, if they: (1) teach at least one course at an institution of higher education, a postsecondary vocational institution, or a Tribal College or University; and (2) do not have another full-time job. (Public service employees must make 120 monthly payments on such loans as public service employees to qualify for Direct Loan forgiveness under the program.)
Topic: Education — Higher
Subject: Armed forces and national security
Date: 2015-06-11 00:00:00

Servicemember Student Loan Affordability Act of 2015

Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.
Topic: Education — Higher
Subject: Education
Date: 2015-06-24 00:00:00

Military and Veterans Education Protection Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 10% of their revenue from sources other than federal educational assistance, or risk becoming ineligible for title IV funding. Federal educational assistance includes title IV federal student aid and federal educational assistance for military personnel and veterans. Currently, this so-called 90/10 rule requires proprietary institutions to derive at least 10% of their revenue from sources other than title IV federal student aid, but it allows federal educational assistance for military personnel and veterans to count toward the 10%.
Topic: Education — Higher
Subject: Education
Date: 2015-07-27 00:00:00

Simplifying Financial Aid for Students Act of 2015

 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require the Department of Education (ED) to provide for the use of tax information from the second preceding tax year (the "prior, prior year") to determine a student's financial aid eligibility. It requires data sharing between the Internal Revenue Service and ED, pursuant to taxpayer consent.

 The bill also increases from $23,000 to $30,000 the adjusted gross income threshold used to determine whether a student qualifies for an automatic zero expected family contribution (EFC) in the calculation of such student's financial need. A dependent student is eligible for an automatic zero EFC if the student's parents have adjusted gross income up to $30,000. An independent student with non-spouse dependents is eligible for a zero EFC if the student and spouse have adjusted gross income up to $30,000.
Topic: Education — Higher
Subject: Education
Date: 2015-07-30 00:00:00

Jumpstart Our Businesses by Supporting Students Act of 2015 or the JOBS Act of 2015 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to establish the Job Training Federal Pell Grant Program. The Department of Education must award job training Federal Pell Grants to eligible students.

An eligible student is one who does not have a degree, attends an institution of higher education (IHE), is enrolled in a job training program at such IHE, and meets all other eligibility requirements for a Federal Pell Grant.

The maximum job training Federal Pell Grant award is 50% of the discretionary base maximum award specified in annual appropriations law.

Any period during which a student receives a job training Federal Pell Grant counts toward that student's Federal Pell Grant eligibility period.
Topic: Education — Higher
Subject: Education
Date: 2015-07-30 00:00:00

Protecting Financial Aid for Students and Taxpayers Act

 This bill amends the Higher Education Opportunity Act to prohibit an institution of higher education (IHE) 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 (Student Assistance) of the Higher Education Act of 1965, education benefits for military personnel and veterans, and grants for workforce development programs.

An IHE or postsecondary educational institution must annually certify compliance with this requirement to retain eligibility to participate in title IV federal student aid programs.
Topic: Education — Higher
Subject: Armed forces and national security
Date: 2015-08-05 00:00:00

Career-Ready Student Veterans Act of 2015

This bill adds the following new criteria for state approval, for the Department of Veterans Affairs (VA) educational assistance, of applications of educational institutions providing veterans with non-accredited courses:

 any program designed to prepare an individual for state licensure or certification must meet state instructional curriculum licensure or certification requirements, and any program designed to prepare an individual for employment pursuant to standards developed by a state board or agency in an occupation requiring approval or licensure must be approved or licensed by that state board or agency. The VA may waive either of these two requirements if:

 the educational institution is accredited by an agency or association recognized by the Secretary of Education; the program did not meet the requirements at any time during the two-year period preceding the waiver date; the waiver furthers the purposes of the educational assistance programs or would further the education interests of individuals eligible for assistance under such programs; and the educational institution does not provide any incentive payment based on securing enrollments or financial aid to any persons or entities engaged in student recruiting or admission activities or in making decisions regarding the award of student financial assistance, except for recruitment of foreign students residing in foreign countries who are ineligible for federal student assistance. The criteria added by this Act also apply to approval of accredited courses at for-profit educational institutions.

 The VA shall disapprove a course of education added by this Act unless the educational institution providing the course publicly discloses any conditions or additional requirements, including training, experience, or exams, required to obtain the license, certification, or approval for which the course of education is designed to provide preparation.
Topic: Education — Higher
Subject: Education
Date: 2015-08-05 00:00:00

Student Protection and Success Act 

This bill amends the Higher Education Act of 1965 (HEA) to make institutions of higher education with low cohort repayment rates ineligible to participate in the federal student loan program and to establish a risk-sharing program to support institutions serving low- and moderate-income students.

The cohort repayment rate is the percentage of borrowers who pay at least one dollar toward the principal of their federal loans over a three-year period. It excludes borrowers who are in default, deferments, mandatory forbearance on repayment of a loan, or the Peace Corps.

Institutions with rates equal to or less than the cut-off rate are ineligible to participate in the federal student loan program under title IV of the HEA for three years. During the first year the bill is in effect, the cut-off rate is 45%. In subsequent years, the rate is the higher of the previous year's rate or 10% below the national average for the same type of institution, but must be below 70%. Institutions may appeal the loss of eligibility within 30 days of being notified by the Department of Education (ED).

The bill requires ED to award grants to institutions with a strong record of supporting low- and moderate-income students and funds the grants by requiring institutions with certain nonrepayment loan balances to make risk-sharing payments.

The institutions may use the grants to increase college access and success for the students using investments and practices such as: awarding additional need-based financial aid, enhancing academic and student support services, and accelerated learning opportunities.
Topic: Education — Higher
Subject: Taxation
Date: 2015-08-05 00:00:00

Income-Based Repayment Debt Forgiveness Act

Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, income imputed from the discharge of student loan indebtedness pursuant to a federal program that provides for income contingent or income-based repayment of such loan.