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Higher Education Innovation Act

3/13/2024, 3:36 AM

Congressional Summary of S 4106

Higher Education Innovation Act

This bill establishes an alternative authorization process for institutions of higher education (IHEs) and other education providers to participate in federal student-aid programs.

The Department of Education must approve innovation authorizers to authorize IHEs or other education providers that promote student success outcomes and cost-effectiveness, agree to outcome-based oversight and reporting requirements, meet performance metrics, and comply with other specified requirements.

Authorization by an innovation authorizer is deemed recognized accreditation for purposes of participation in federal student-aid programs.

An IHE or education provider may be both accredited by a recognized accrediting agency and authorized by an innovation authorizer, if it meets the requirements of both.

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Current Status of Bill S 4106

Bill S 4106 is currently in the status of Bill Introduced since April 28, 2022. Bill S 4106 was introduced during Congress 117 and was introduced to the Senate on April 28, 2022.  Bill S 4106's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of April 28, 2022

Bipartisan Support of Bill S 4106

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

Policy Area and Potential Impact of Bill S 4106

Primary Policy Focus

Education

Alternate Title(s) of Bill S 4106

Higher Education Innovation Act
Higher Education Innovation Act
A bill to establish an alternative, outcomes-based process for authorizing innovative, high-quality higher education providers to participate in programs under title IV of the Higher Education Act of 1965.

Comments

Sponsors and Cosponsors of S 4106

Michael F. Bennet
Michael F. Bennet
ColoradoDemocrat
Marco Rubio
Marco Rubio
FloridaRepublican

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