S.528 - Protecting Financial Aid for Students and Taxpayers Act

A bill to amend the Higher Education Opportunity Act to restrict institutions of higher education from using revenues derived from Federal educational assistance funds for advertising, marketing, or recruiting purposes. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Higher Education Opportunity Act to restrict institutions of higher education from using revenues derived from Federal educational assistance funds for advertising, marketing, or recruiting purposes. as introduced.
  • Short: Protecting Financial Aid for Students and Taxpayers Act as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
03/12/13
 
 
 
 
 
 
 

Official Summary

Protecting Financial Aid for Students and Taxpayers Act - Amends the Higher Education Opportunity Act to prohibit postsecondary educational institutions from using revenues derived from federal educational assistance funds for: (1) advertising and promotion; (2) identifying and attracting p

Official Summary

Protecting Financial Aid for Students and Taxpayers Act - Amends the Higher Education Opportunity Act to prohibit postsecondary educational institutions from using revenues derived from federal educational assistance funds for:
(1) advertising and promotion;
(2) identifying and attracting prospective students; or
(3) other activities the Secretary of Education may proscribe, such as paying for the promotion or sponsorship of education or military-related associations. Excepts from that prohibition activities that are required as a condition of receiving funds under title IV (Student Assistance) of the Higher Education Act of 1965, specifically authorized under title IV, or otherwise specified by the Secretary.

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