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Making Education Affordable and Accessible Act of 2023

2/16/2024, 9:08 PM

Summary of Bill S 1092

Bill 118 s 1092, also known as the Making Education Affordable and Accessible Act of 2023, aims to address the rising costs of higher education in the United States. The bill focuses on making college more affordable for students and families, as well as increasing access to higher education for all individuals.

One key provision of the bill is the establishment of a grant program to provide financial assistance to low-income students. This program would help cover the costs of tuition, fees, and other expenses associated with attending college. Additionally, the bill includes measures to reduce interest rates on student loans and increase the availability of need-based scholarships.

The Making Education Affordable and Accessible Act of 2023 also seeks to improve access to higher education by expanding resources for community colleges and minority-serving institutions. These institutions play a crucial role in providing affordable education to underserved populations, and the bill aims to support their efforts through increased funding and resources. Overall, the bill is designed to make higher education more affordable and accessible for all individuals, regardless of their background or financial situation. By addressing the rising costs of college and increasing support for low-income students, the Making Education Affordable and Accessible Act of 2023 aims to ensure that all individuals have the opportunity to pursue a higher education and achieve their academic and career goals.

Congressional Summary of S 1092

Making Education Affordable and Accessible Act of 2023

This bill reauthorizes through FY2029 and revises the Fund for the Improvement of Postsecondary Education (FIPSE) program.

The bill also authorizes new grants under the FIPSE program. Specifically, the Department of Education may award grants to institutions of higher education for dual or concurrent enrollment programs or early college high school programs that allow high school students to earn postsecondary credits.

Current Status of Bill S 1092

Bill S 1092 is currently in the status of Bill Introduced since March 30, 2023. Bill S 1092 was introduced during Congress 118 and was introduced to the Senate on March 30, 2023.  Bill S 1092's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of March 30, 2023

Bipartisan Support of Bill S 1092

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
2
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1092

Primary Policy Focus

Education

Alternate Title(s) of Bill S 1092

Making Education Affordable and Accessible Act of 2023
Making Education Affordable and Accessible Act of 2023
A bill to amend the Higher Education Act of 1965 to make college affordable and accessible by expanding access to dual or concurrent enrollment programs and early college high school programs.

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