This bill amends the Higher Education Act of 1965 to expand the definition of "institution of higher education" for certain graduate medical schools located outside the United States. This change affects these foreign medical schools and their students, potentially making more students eligible for federal student loans. The bill adds an alternative criterion for schools to qualify: they must have had a clinical training program approved by a U.S. state (requiring an on-site visit) as of January 31, 2021, and continue to operate such a program in at least one U.S. state with state approval. This is in addition to the existing criterion that at least 60% of their students and graduates are not U.S. citizens or eligible non-citizens.
The Educational Equity Challenge Grant Act of 2026 establishes a federal grant program to help eligible educational entities address students' academic, social-emotional, mental, behavioral, and physical health needs, including those impacted by the COVID-19 pandemic. Administered by the Secretary of Education, the program awards funds for either implementing proven, evidence-based strategies or designing and evaluating new, educator-initiated proposals. Priority for these grants is given to entities serving high-need student populations, such as those in rural areas, low-income communities, and various disproportionately affected groups. Recipients must report annually on how funds were used and their impact on student outcomes.
The Clean Slate through Rehabilitation Act (HR 8361) proposes to expand the credit history relief available to student loan borrowers who successfully complete a default reduction program. The bill amends the Higher Education Act of 1965 to change the scope of information removed from a borrower's credit history. Currently, the law states that the "record of the default" is removed; this bill would change that to "any adverse information relating to such loan." This aims to provide more comprehensive clearing of negative credit reporting for individuals who rehabilitate their defaulted student loans.
This joint resolution seeks to reject a specific rule issued by the Department of Education concerning the William D. Ford Federal Direct Loan Program. If passed, it would nullify the rule and prevent it from taking effect, directly impacting federal student loan policies. The measure uses a congressional disapproval process under Title 5 of the United States Code to override the department's regulatory decision. It does not create new policies but instead stops an existing proposed regulation from being implemented.
This bill, known as the OHH SNAP Act of 2026, would expand eligibility for the Supplemental Nutrition Assistance Program to include more college students. It directly affects students who are working while attending college or have no financial aid available. The key changes allow students with zero financial aid and those classified as independent to qualify for SNAP benefits, while also broadening the definition of eligible work activities to include attending school. These provisions would take effect 180 days after the bill is signed into law, but would not apply to certification periods that began before that date.
This bill would eliminate interest on all existing and future Federal student loans starting in 2026, directly affecting current borrowers and future students. It requires the Department of Education to automatically modify eligible Federal Direct loans to stop interest accrual and allows borrowers to refinance other Federal loans into zero-interest consolidation loans without origination fees. The legislation also creates a new Education Affordability Trust Fund that would use loan repayments to fund these interest-free loans and potentially provide additional Pell Grants, while establishing a six-member board to oversee investments in government bonds.
The Student Loan Interest Elimination Act would eliminate interest on existing Federal Direct student loans and set the interest rate for new Federal Direct student loans to zero starting July 1, 2026. The bill also establishes an Education Affordability Trust Fund financed by loan repayments to fund these zero-interest loans and provide additional Pell Grants. Under the program, borrowers could opt out of automatic interest elimination and refinancing, and the bill includes provisions for calculating qualifying payments toward loan forgiveness programs.
This bill establishes federal rules for college student athletes, primarily affecting institutions of higher education and the National Collegiate Athletic Association. It guarantees that student athletes have five consecutive years of eligibility to compete in intercollegiate sports, regardless of injuries or other circumstances. The legislation also sets new transfer portal regulations, requiring athletes to sit out one academic year after transferring except for their first transfer, and mandates that schools honor financial aid commitments when students move to new institutions. Additionally, the bill prevents states from passing laws that conflict with these federal provisions or restrict student athlete rights under the new rules.
This bill would require colleges to demonstrate that at least 15% of their student loan borrowers successfully reduce their loan principal within two years of entering repayment, or risk losing eligibility for federal student loan programs starting in fiscal year 2028. It also creates a new bonus grant program for institutions with repayment rates above 25% and requires colleges to pay fees based on the amount of loans their students fail to repay. The legislation defines repayment success as borrowers who are not in default and have made at least a one-dollar reduction in their principal balance, while excluding students in deferment for military service, graduate school, or public service.
This bill, the Restoring College Access and Affordability Act, primarily reverses several changes made to federal student loan and grant programs in previous legislation. It restores previous loan limits, repayment terms, and deferment options that were altered by prior laws, affecting current and future student borrowers. The bill also modifies eligibility rules for Pell Grants and adjusts criteria for determining which educational programs can be deemed low-earning, specifically including programs that award associate's degrees and certificates. Additionally, it delays certain federal regulations related to borrower defense claims and closed school discharges, while reducing the excise tax on private college endowment income to 1.4 percent.
