12
5

Student Protection and Success Act

4/6/2026, 1:16 PM

Summary of Bill S 4114

This bill, titled "A bill to amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing payments of institutions of higher education," was introduced in the 119th Congress on March 17, 2026. The bill aims to make changes to the Higher Education Act by focusing on institutional ineligibility criteria related to low cohort repayment rates and mandating risk-sharing payments by institutions of higher education.

Congressional Summary of S 4114

Student Protection and Success Act

This bill establishes certain consequences for institutions of higher education (IHEs) that have low student loan repayment rates or high student loan balances among their students.

Specifically, the bill makes an IHE ineligible for federal student financial aid programs for three fiscal years if only 15% or less of its students are able to start repaying the principal of their loans by specified deadlines.

Additionally, the bill creates a grant program through which the Department of Education must award grants to eligible IHEs (i.e., IHEs with a student loan repayment rate above 25%) that have a strong record of supporting low- and moderate-income students. The bill funds the grants by requiring IHEs with certain nonrepayment loan balances to make risk-sharing payments. Grants may be used 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 establishing or expanding accelerated learning opportunities.

The bill also requires the National Center for Education Statistics to collect information on student service expenditures, student service resources, and recruitment and marketing expenditures.

Current Status of Bill S 4114

Bill S 4114 is currently in the status of Bill Introduced since March 17, 2026. Bill S 4114 was introduced during Congress 119 and was introduced to the Senate on March 17, 2026.  Bill S 4114's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of March 17, 2026

Bipartisan Support of Bill S 4114

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 4114

Primary Policy Focus

Education

Alternate Title(s) of Bill S 4114

A bill to amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing payments of institutions of higher education.
A bill to amend the Higher Education Act of 1965 to provide for institutional ineligibility based on low cohort repayment rates and to require risk-sharing payments of institutions of higher education.

Comments