Education (Student Financial Aid)

S 3761, the Student Loan Bond Expansion Act of 2026, modifies federal tax rules to make it easier for states and local governments to issue bonds that fund student loans. The bill exempts "qualified student loan bonds" from two key restrictions: the annual limit on tax-exempt bond issuance (volume cap) and the alternative minimum tax calculation. This change allows more such bonds to be issued without triggering these tax rules, directly benefiting state or local entities that issue these bonds to support student loan programs. The law applies to bonds issued after the bill's enactment date.

The College Transparency Act establishes a federal data system to collect and analyze student-level information about college enrollment, costs, completion rates, and post-graduation outcomes. The National Center for Education Statistics must develop this system within 4 years, collecting data on student demographics, program of study, financial aid, and earnings while prohibiting sensitive information like health data or citizenship status. The system will provide public, aggregated data through an online tool that allows students and families to compare institutions and make informed education decisions. The bill repeals a previous prohibition on such a data system and amends requirements for colleges to submit data, aiming to reduce reporting burdens while improving transparency. It includes privacy protections, an advisory committee with diverse representation, and prohibits using the data for federal rankings or to limit student services.

This bill (S 2206) increases the annual limit for tax-free distributions from 529 college savings accounts. It raises the current $10,000 cap on qualified education expenses (like tuition and fees) to $20,000 per year. The change directly affects families using 529 plans to save for college costs, allowing them to withdraw more tax-free each year. The amendment applies to taxable years beginning after December 31, 2025.

This bill temporarily restores federal student loans (Federal Direct Stafford Loans) for graduate and professional students, directly affecting those pursuing advanced degrees. It reinstates a provision that had expired after 2012, allowing these loans to be offered again through June 30, 2023. The bill specifically amends the Higher Education Act to clarify this temporary reinstatement and exempts it from certain administrative rulemaking requirements. It does not create new loan programs but reestablishes a prior eligibility period for graduate students. The change is limited to a specific timeframe and applies only to federal student loan programs.

This bill amends the Higher Education Act of 1965 to exempt certain family-owned assets from financial need calculations for college students. Specifically, it removes the net value of a family farm (where the family resides) or a small business (with 100 or fewer full-time equivalent employees) owned and controlled by the family from being counted as assets when determining federal financial aid eligibility. The change applies to need analysis for award years starting after the bill's enactment date. This policy directly affects students from qualifying family farms or small businesses when applying for federal student aid under Title IV programs.

The Adjunct Faculty Loan Fairness Act of 2025 expands federal student loan forgiveness eligibility to include more adjunct faculty members. It amends the Higher Education Act to allow loan forgiveness for adjunct, contingent, or part-time faculty who teach at least 9 credit hours per semester (or equivalent weekly hours) at colleges, vocational schools, or Tribal Colleges, provided they are not full-time employees elsewhere. The bill directly affects non-tenured faculty in temporary teaching roles who meet these specific teaching hour requirements. This change modifies existing loan forgiveness criteria to explicitly include these faculty members under the Higher Education Act.

This bill establishes tax credits for individuals and corporations that contribute to scholarship-granting organizations and workforce training organizations. Individuals can claim a credit up to 10% of their adjusted gross income for contributions supporting elementary/secondary education, career training, or vocational education. Corporations can claim a credit up to 5% of taxable income for similar contributions. The bill includes a $10 billion annual cap on total credits ($5 billion for education, $5 billion for workforce training) and creates a web portal to help taxpayers make contributions and receive tax credit pre-approval.

HR 6753, the Campus Housing Affordability Act, removes a prohibition that previously barred federal housing assistance from being provided to students. It directly affects eligible students enrolled in higher education institutions who live in campus housing and qualify for tenant-based housing assistance under the U.S. Housing Act of 1937. The bill adds a new provision (Section 8(o)(23)) allowing the Secretary to waive income requirements for these students, ensuring federal housing aid does not count as income when determining eligibility for other federal financial aid, work-study programs, service allowances, or child support obligations. This change streamlines access to housing support without reducing other student financial benefits.

HR 1006, the Higher Education Accountability Tax Act, increases the excise tax on investment income for private colleges and universities from 1.4% to 10% for all affected institutions, with an additional 20% tax for schools that raise tuition faster than inflation. It directly affects private colleges with annual investment income exceeding $250,000, particularly those increasing net tuition prices (for first-time, full-time undergraduates) at a rate exceeding the Consumer Price Index (CPI) over three years. The bill modifies existing tax code provisions to implement these rate changes, effective for taxable years beginning after December 31, 2024. This creates a tiered tax structure based on both investment income size and tuition growth relative to inflation.

Edith Nourse Rogers STEM Scholarship Opportunity Act of 2025 This bill expands eligibility for and modifies administration of the Edith Nourse Rogers STEM Scholarship. The scholarship allows individuals who are entitled to Post-9/11 GI Bill educational assistance and are pursuing eligible degrees in science, technology, engineering, mathematics, or health care to receive up to nine additional months of benefits (capped at $30,000). The bill eliminates the requirement that an individual must have less than 180 days of remaining educational assistance entitlement (or no entitlement remaining) to be eligible for the scholarship. Additionally, the bill reduces by 25% the number of credits an individual must have completed in order to be eligible for the scholarship. In situations where there are insufficient funds available in a fiscal year, the bill authorizes the Department of Veterans Affairs to give priority to individuals who have used the most months of their educational assistance entitlement and those who are using their entitlement to pursue a program of post-secondary education in specified fields (e.g., engineering). The bill specifies that individuals who receive the scholarship benefit may only use the benefit after they have used all of their educational assistance entitlement under the Post-9/11 GI Bill.