Military and Veterans Education Protection Act

1/11/2023, 1:29 PM

Congressional Summary of HR 3988

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%.

Current Status of Bill HR 3988

Bill HR 3988 is currently in the status of Bill Introduced since November 5, 2015. Bill HR 3988 was introduced during Congress 114 and was introduced to the House on November 5, 2015.  Bill HR 3988's most recent activity was Referred to the Subcommittee on Higher Education and Workforce Training. as of March 23, 2016

Bipartisan Support of Bill HR 3988

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
25
Democrat Cosponsors
24
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3988

Primary Policy Focus

Education

Potential Impact Areas

Education programs fundingHigher educationMedical educationMilitary personnel and dependentsNational Guard and reservesStudent aid and college costsVeterans' education, employment, rehabilitation

Alternate Title(s) of Bill HR 3988

Military and Veterans Education Protection ActTo count revenues from military and veteran education programs toward the limit on Federal revenues that certain proprietary institutions of higher education are allowed to receive for purposes of section 487 of the Higher Education Act of 1965, and for other purposes.Military and Veterans Education Protection Act
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