,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #dgad  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #bb1 #bjad ,mr4  
,george ,mill] ( ,cali=nia 7= himself1  
,ms4 ,wat]s1 ,mr4 ,wel*1 ,ms4 ,slaught]1
 ,mr4 ,scott ( ,virg9ia1 ,mr4 ,cumm+s1  
,mr4 ,waxman1 ,mr4 ,cony]s1 ,mr4        
,ti]ney1 ,mrs4 ,davis ( ,cali=nia1 ,mr4 
,grijalva1 ,mr4 ,bi%op ( ,new ,york1    
,mr4 ,sablan1 ,ms4 ,wilson ( ,florida1  
,ms4 ,bonamici1 ,mr4 ,pocan1 ,mr4       
,takano1 ,mr4 ,ellison1 ,mr4 ,c>twright1
 ,ms4 ,cl>ke ( ,new ,york1 ,mr4         
,jeffries1 ,mr4 ,mc,dermott1 ,mr4       
,nadl]1 ,ms4 ,p+ree ( ,ma9e1 ,mr4       
,huffman1 ,mr4 ,?ompson ( ,cali=nia1    
,ms4 ,lee ( ,cali=nia1 ,ms4 ,l(gr51 ,ms4
 ,*u1 ,mrs4 ,napolitano1 ,mr4 ,l[5?al1  
,ms4 ,br[nley ( ,cali=nia1 ,mr4 ,s*iff1 
,ms4 ,bass1 ,mr4 ,eny>t1 ,ms4 ,norton1  
,ms4 ,%ea-,port]1 ,mr4 ,rangel1 ,mrs4   
,mc,carthy ( ,new ,york1 ,mr4           
,butt]field1 ,ms4 ,e%oo1 ,mr4 ,meeks1   
,mr4 ,s>banes1 ,mr4 ,h9ojosa1 ,mr4 ,f>r1
 ,ms4 ,matsui1 ,mr4 ,danny ,k4 ,davis ( 

,ill9ois1 ,ms4 ,s*ak[sky1 ,mr4 ,c>son ( 
,indiana1 ,ms4 ,spei]1 ,ms4 ,br[n (     
,florida1 ,mr4 ,van ,holl51 ,mr4 ,honda1
 ,mr4 ,clay1 ,mr4 ,de,fazio1 ,ms4       
,frankel ( ,florida1 ,ms4 ,fudge1 ,mr4  
,g5e ,gre5 ( ,texas1 ,mr4 ,y>mu?1 ,mr4  
,braley ( ,i[a1 ,mr4 ,ru%1 & ,mr4       
,g>am5di7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,f9ancial    
,s]vices1 & 9 addition to ! ,committee  
on ,education & ! ,work=ce1 = a p]iod to
 be subsequ5tly det]m9$ by ! ,speak]1 9 
ea* case = consid]ation ( su* provisions
 z fall )9 ! jurisdiction ( ! committee 
conc]n$  ,a ,,bill  ,to am5d ! ,high]   
,education ,act ( #aife to e/abli%      
requirem5ts = pref]r$ bank+ arrangem5ts1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,curb+ ,abusive   
,m>ket+ ,practices ) ,univ]sity ,/ud5t  
,debit ,c>ds ,act or ! ,,campus ,debit  
,c>ds ,act4  #b4 ,pref]r$ bank+         
arrangem5ts ,section #dhg ( ! ,high]    
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajid7 is am5d$--  7#a7 9 subsection    

7a71 by add+ at ! end ! foll[+ new      
p>agraph3  7#cj7 ,9 ! case ( an         
in/itution t has ent]$ into a pref]r$   
bank+ arrangem5t1 ! in/itution w meet ! 
requirem5ts ( subsection 7k74  2  7#b7 9
 subsection 7i71 by add+ at ! end !     
foll[+ new p>agraph3  7#g7 ,pref]r$     
bank+ arrangem5t  7,a7 ,9 g5]al ,! t]m  
pref]r$ bank+ arrangem5t means an       
arrangem5t or agreem5t betwe5 a f9ancial
 in/itution & an in/itution ( high]     
education "u :i* ! in/itution ( high]   
education directly or indirectly        
recomm5ds1 promotes1 or endorses to its 
/ud5ts1 or requires ! deliv]y ( funds   
aw>d$ "u ?is ,act to its /ud5ts ?r\gh1 !
 deposit acc\nts or ! g5]al-use prepaid 
c>ds ( ! f9ancial in/itution or !       
f9ancial in/itution 9 g5]al4  7,b7      
,f9ancial t]ms ,= purposes ( ?is        
p>agraph--  7i7 ! t]ms bank & sav+s     
association h ! def9ition giv5 ^? t]ms1 
respectively1 "u section #c ( ! ,f$]al  
,deposit ,insurance ,act 7#ab ,u4,s4,c4 
#ahac72  7ii7 ! t]m cr$it union means a 

,f$]al cr$it union & a ,/ate cr$it union
 z ^? t]ms are def9$1 respectively1 "u  
section #aja ( ! ,f$]al ,cr$it ,union   
,act 7#ab ,u4,s4,c4 #ageb72  7iii7 ! t]m
 f9ancial in/itution means a bank1 sav+s
 association1 cr$it union1 or a p]son :o
 has ent]$ into an agreem5t ) a bank1   
sav+s association1 or cr$it union2 &    
7iv7 ! t]m g5]al-use prepaid c>d--  7,i7
 means a c>d or o!r paym5t code or      
device issu$ by any p]son t is--  7aa7  
r$eemable at multiple m]*ants or s]vice 
provid]s1 or automat$ tell] ma*9es2     
7bb7 pur*as$ or load$ on a prepaid      
basis2 &  7cc7 honor$1 ^u pres5tation1  
by m]*ants = goods or s]vices1 or at    
automat$ tell] ma*9es2 &  7,,ii7 does n 
include an electronic promise1 pla/ic   
c>d1 or paym5t code or device t is--    
7aa7 us$ solely = telephone s]vices2    
7bb7 a loyalty1 aw>d1 or promotional    
gift c>d1 z def9$ by ! ,secret>y2  7cc7 
issu$ 9 pap] =m only 7includ+ = tickets 
& ev5ts72 or  7dd7 r$eemable solely =   
admission to ev5ts or v5ues at a        

p>ticul> location or gr\p ( affiliat$   
locations1 :i* may also include s]vices 
or goods obta9able at ! ev5t or v5ue    
aft] admission or 9 conjunction )       
admission to su* ev5ts or v5ues1 at     
specific locations affiliat$ ) & 9      
geographic proximity to ! ev5t or v5ue4 
2 &  7#c7 by add+ at ! end ! foll[+ new 
subsection3  7k7 ,requirem5ts = pref]r$ 
bank+ arrangem5t  7#a7 ,9 g5]al ,an     
in/itution ( high] education t ent]s    
into a pref]r$ bank+ arrangem5t ) a     
f9ancial in/itution %all--  7,a7 develop
 a code ( conduct ) respect to ! pref]r$
 bank+ arrangem5t ) :i* ! (fic]s1       
employees1 & ag5ts ( ! in/itution (     
high] education %all comply1 t--  7i7   
prohibits a conflict ( int]e/ ) !       
responsibilities ( an (fic]1 employee1  
or ag5t ( ! in/itution ( high] education
 ) respect to su* arrangem5t2  7ii7     
requires ea* su* (fic]1 employee1 & ag5t
 to act 9 ! be/ int]e/s ( ! /ud5ts      
enroll$ at ! in/itution ( high]         
education 9 c>ry+ out su* arrangem5t2 & 

7iii7 at a m9imum1 includes ! provisions
 describ$ 9 p>agraph 7#b72  7,b7 publi% 
su* code ( conduct prom95tly on !       
website ( ! in/itution ( high]          
education2  7,c7 adm9i/] su* code by1 at
 a m9imum1 requir+ t all ( ! (fic]s1    
employees1 & ag5ts ( ! in/itution (     
high] education ) responsibilities )    
respect to ! pref]r$ bank+ arrangem5t be
 annually in=m$ ( ! provisions ( ! code 
( conduct2 &  7,d7 provide effective    
en=cem5t ( su* code4  7#b7 ,code (      
conduct requirem5ts ,! code ( conduct   
requirem5ts describ$ 9 ?is p>agraph are 
z foll[s3  7,a7 ,ban on rev5ue-%>+      
arrangem5ts  7i7 ,prohibition ,!        
in/itution ( high] education %all n ent]
 into any rev5ue-%>+ arrangem5t ) any   
f9ancial in/itution4  7ii7 ,def9ition ,=
 purposes ( ?is subp>agraph1 ! t]m      
rev5ue-%>+ arrangem5t--  7,i7 means an  
arrangem5t betwe5 an in/itution ( high] 
education & a f9ancial in/itution "u    
:i*--  7aa7 a f9ancial in/itution       
provides deposit acc\nts or g5]al-use   

prepaid c>ds to /ud5ts att5d+ !         
in/itution ( high] education or to !    
families ( su* /ud5ts2 &  7bb7 !        
in/itution ( high] education recomm5ds1 
promotes1 utilizes1 sponsors1 or o!rwise
 endorses ! f9ancial in/itution or !    
deposit acc\nts or g5]al-use prepaid    
c>ds ( ! f9ancial in/itution & 9        
ex*ange1 ! f9ancial in/itution pays a   
fee or provides o!r mat]ial b5efits1    
includ+ rev5ue or pr(it %>+1 to !       
in/itution ( high] education1 or an     
(fic]1 employee1 or ag5t ( ! in/itution 
( high] education2 &  7,,ii7 does n     
include an arrangem5t "u :i* a f9ancial 
in/itution pays a fair m>ket price to an
 in/itution ( high] education = !       
adv]tis+ or m>ket+ ( ! f9ancial         
in/itution to ! g5]al public by !       
in/itution ( high] education4  7,b7     
,gift ban  7i7 ,prohibition ,no (fic]1  
employee1 or ag5t ( an in/itution (     
high] education :o has responsibilities 
) respect to a pref]r$ bank+ arrangem5t 
or has o!r responsibilities ) respect to

 a f9ancial in/itution %all solicit or  
accept any gift f ! f9ancial in/itution4
  7ii7 ,def9ition ,9 ?is subp>agraph1 ! 
t]m gift means any gratuity1 favor1     
disc\nt1 ent]ta9m5t1 hospitality1 loan1 
or o!r item hav+ a monet>y value ( m ?an
 a de m9imus am\nt4 ,! t]m includes a   
gift ( s]vices1 transportation1 lodg+1  
or meals1 :e!r provid$ 9 k9d1 by pur*ase
 ( a ticket1 paym5t 9 advance1 or       
reimbursem5t aft] ! exp5se has be5      
incurr$4  7iii7 ,exceptions ,! t]m gift 
%all n include any ( ! foll[+3  7,i7    
,/&>d mat]ial1 activities1 or programs  
on issues relat$ to a loan1 default     
av]sion1 default prev5tion1 or f9ancial 
lit]acy1 su* z a bro*ure1 a work%op1 or 
tra9+1 b only if su* mat]ials1          
activities1 or programs d n promote a   
product or s]vice ( a f9ancial          
in/itution4  7,,ii7 ,favorable t]ms1    
conditions1 & b5efits on ! f9ancial     
products ( ! f9ancial in/itution made   
available to all employees ( !          
in/itution ( high] education if su*     

t]ms1 conditions1 or b5efits are        
comp>able to ^? provid$ to all /ud5ts ( 
! in/itution ( high] education4  7,,iii7
 ,entrance & exit c\nsel+ s]vices       
provid$ to borr[]s to meet !            
responsibilities ( ! in/itution ( high] 
education = entrance & exit c\nsel+ z   
requir$ by subsections 7b7 & 7l7 (      
section #dhe1 z long z--  7aa7 ! /aff ( 
! in/itution ( high] education are 9    
control ( ! c\nsel+ 7:e!r 9 p]son or via
 electronic capabilities72 &  7bb7 su*  
c\nsel+ does n promote ! products or    
s]vices ( any specific l5d]4  7,,iv7    
,philan?ropic contributions to an       
in/itution ( high] education f a        
f9ancial in/itution t are unrelat$ to ! 
deposit acc\nts or ! g5]al-use prepaid  
c>ds ( ! f9ancial in/itution or !       
f9ancial in/itution 9 g5]al or any      
contribution f ! f9ancial in/itution t  
is n made 9 ex*ange = any advantage     
relat$ to ! f9ancial in/itution4  7,v7  
,/ate education grants1 s*ol>%ips1 or   
f9ancial aid funds adm9i/]$ by or on    

behalf ( a ,/ate4  7iv7 ,rule = gifts to
 family memb]s ,= purposes ( ?is        
subp>agraph1 a gift to a family memb] ( 
an (fic]1 employee1 or ag5t ( an        
in/itution ( high] education1 or to any 
o!r individual bas$ on t individual's   
relation%ip ) ! (fic]1 employee1 or     
ag5t1 %all be consid]$ a gift to !      
(fic]1 employee1 or ag5t if--  7,i7 !   
gift is giv5 ) ! k & acquiesc5ce ( !    
(fic]1 employee1 or ag5t2 &  7,,ii7 !   
(fic]1 employee1 or ag5t has reason to  
believe ! gift 0 giv5 because ( !       
(ficial position ( ! (fic]1 employee1 or
 ag5t4  7,c7 ,ban on /aff+ assi/ance    
7i7 ,prohibition ,! in/itution ( high]  
education %all n reque/ or accept f any 
f9ancial in/itution any assi/ance ) any 
(fice or dep>tm5t ( ! in/itution ( high]
 education4  7ii7 ,c]ta9 assi/ance      
p]mitt$ ,no?+ 9 ?is p>agraph %all be    
con/ru$ to prohibit ! in/itution ( high]
 education f reque/+ or accept+         
assi/ance f a f9ancial in/itution relat$
 to--  7,i7 pr(essional developm5t tra9+

 = f9ancial aid adm9i/rators2  7,,ii7   
provid+ educational c\nsel+ mat]ials1   
f9ancial lit]acy mat]ials1 or debt      
managem5t mat]ials to borr[]s1 provid$ t
 su* mat]ials disclose to borr[]s !     
id5tification ( any f9ancial in/itution 
t assi/$ 9 prep>+ or provid+ su*        
mat]ials2 or  7,,iii7 /aff+ s]vices on a
 %ort-t]m1 nonrecurr+ basis to assi/ !  
in/itution ( high] education ) f9ancial 
aid-relat$ functions dur+ em]g5cies1    
includ+ ,/ate-decl>$ or f$]ally decl>$  
natural disa/]s1 f$]ally decl>$ national
 disa/]s1 & o!r localiz$ disa/]s &      
em]g5cies id5tifi$ by ! ,secret>y4  7,d7
 ,contract+ arrangem5ts prohibit$  7i7  
,9 g5]al ,except z provid$ 9 clause     
7ii71 an (fic]1 employee1 or ag5t ( an  
in/itution ( high] education :o has     
responsibilities ) respect to a pref]r$ 
bank+ arrangem5t or has o!r             
responsibilities ) respect to a f9ancial
 in/itution %all n accept f any f9ancial
 in/itution any fee1 paym5t1 or o!r     
f9ancial b5efit 7includ+ ! opportunity  

to pur*ase /ock7 z comp5sation = any    
type ( consult+ arrangem5t or o!r       
contract to provide s]vices to or on    
behalf ( ! f9ancial in/itution4  7ii7   
,exception ,clause 7i7 %all n prohibit  
an in/itution ( high] education f       
p]mitt+ an (fic]1 employee1 ag5t1 or    
contractor ( a f9ancial in/itution to   
s]ve on a bo>d ( directors1 or z a      
tru/ee1 ( ! in/itution ( high]          
education1 if ! in/itution ( high]      
education has a writt5 conflict ( int]e/
 policy t requires su* a bo>d memb] or  
tru/ee to recuse !mselves f any decision
 reg>d+ deposit or prepaid acc\nts or a 
pref]r$ bank+ arrangem5t at ! in/itution
 ( high] education4  7,e7 ,int]action ) 
/ud5ts ,! in/itution ( high] education  
%all n d5y or cause unnecess>y delay 9 !
 disbursem5t ( a loan or grant "u ?is   
title bas$ on a /ud5t's selection ( a   
p>ticul> f9ancial in/itution4  7,f7     
,advisory bo>d comp5sation ,an employee1
 (fic]1 or ag5t ( an in/itution ( high] 
education :o has responsibilities )     

respect to a pref]r$ bank+ arrangem5t or
 has o!r responsibilities ) respect to a
 f9ancial in/itution1 & :o s]ves on an  
advisory bo>d1 commission1 or gr\p      
e/abli%$ by a f9ancial in/itution1 %all 
be prohibit$ f receiv+ any?+ ( value f !
 f9ancial in/itution1 except t !        
employee may be reimburs$ = reasonable  
exp5ses incurr$ 9 s]v+ on su* advisory  
bo>d1 commission1 or gr\p4  4  #c4      
,disbursem5t ( cr$it balance ,"p ,g (   
title ,,iv ( ! ,high] ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #ajhh et seq47 is  
am5d$ by add+ at ! end ! foll[+3        
#dic;,e4 ,disbursem5t ( cr$it balance   
7a7 ,e/abli%m5t ( ,sy/em = ,disbursem5t 
,n lat] ?an #c ye>s aft] ! date (       
enactm5t ( ! ,,campus ,debit ,c>ds ,act1
 ea* in/itution ( high] education t     
enrolls a /ud5t :o receives a grant or  
loan "u ?is title %all e/abli% a sy/em =
 ! disbursem5t ( cr$it balances 9       
accordance ) subsection 7b74  7b7       
,electronic ,paym5t ,sy/em ,ea*         
in/itution ( high] education describ$ 9 

subsection 7a7 %all e/abli% a sy/em =   
disbursem5t ( cr$it balances ?r\gh      
electronic paym5ts to a deposit acc\nt  
or a g5]al-use prepaid c>d 7def9$ 9     
section #dhg7;i77#g77 ) ! protections   
af=d$ "u ! ,electronic ,fund ,transf]   
,act 7#ae ,u4,s4,c4 #afic et seq474  7c7
 ,di/ribution ,options ,! ,secret>y (   
,education1 9 consultation ) ! ,secret>y
 ( ! ,treasury & ! ,bureau ( ,consum]   
,f9ancial ,protection1 %all conduct a   
pilot program on provid+ /ud5ts ) !     
option ( receiv+ cr$it balances by us+ !
 ,treasury ,direct ,express sy/em       
e/abli%$ "u section #cccf ( title #ca1  
,unit$ ,/ates ,code1 or ?r\gh any o!r   
l[-co/ alt]native z det]m9$ by !        
,secret>y4  7d7 ,cr$it ,balance ,9 ?is  
section1 ! t]m cr$it balance means !    
am\nt ( program funds "u ?is title      
cr$it$ to a /ud5t's l$g] acc\nt at an   
in/itution ( high] education t exce$ !  
am\nt assess$ ! /ud5t by ! in/itution = 
all[able in/itutional *>ges1 z def9$ by 
! ,secret>y4  4  #d4 ,prev5t+ unfair &  

deceptive m>ket+ ( f9ancial products to 
/ud5ts ( in/itutions ( high] education  
7a7 ,9 g5]al ,! ,consum] ,f9ancial      
,protection ,act ( #bjaj is am5d$ by    
ins]t+ aft] section #ajca ! foll[+3     
#ajca;,a4 ,prev5t+ unfair & deceptive   
m>ket+ ( f9ancial products to /ud5ts (  
in/itutions ( high] education  7a7      
,def9itions ,9 ?is section3  7#a7       
,f9ancial in/itution ,! t]m f9ancial    
in/itution means any in/itution t (f]s1 
provides1 or issues f9ancial products1  
includ+ banks1 sav+s associations1 &    
cr$it unions4  7#b7 ,in/itution ( high] 
education ,! t]m in/itution ( high]     
education has ! mean+ giv5 t t]m 9      
section #ajb ( ! ,high] ,education ,act 
( #aife 7#bj ,u4,s4,c4 #ajjb74  7b7     
,disclosure requir$  7#a7 ,disclosure by
 in/itutions ( high] education ,an      
in/itution ( high] education1 or an     
alumni organization or f\ndation        
affiliat$ ) or relat$ to an in/itution (
 high] education1 %all publicly disclose
 7includ+ on ! website ( su* in/itution1

 organization1 or f\ndation7 any        
contract or o!r agreem5t made ) a       
f9ancial in/itution = ! purpose ( m>ket+
 a f9ancial product--  7,a7 9 ! case ( a
 contract or agreem5t ent]$ into be=e ! 
date ( enactm5t ( ?is section1 by n lat]
 ?an #ij days aft] su* date ( enactm5t2 
&  7,b7 9 ! case ( a contract or        
agreem5t ent]$ into on or aft] su* date 
( enactm5t1 by n lat] ?an #ij days aft] 
! in/itution1 organization1 or f\ndation
 ent]s into ! contract or agreem5t4     
7#b7 ,reports by f9ancial in/itutions   
7,a7 ,9 g5]al ,ea* f9ancial in/itution  
%all submit an annual report to !       
,bureau conta9+ ! t]ms & conditions (   
all contracts or o!r agreem5ts made ) an
 in/itution ( high] education1 or an    
alumni organization or f\ndation        
affiliat$ ) or relat$ to an in/itution (
 high] education1 relat+ to any f9ancial
 product (f]$ to /ud5ts at su*          
in/itution ( high] education4  7,b7     
,details ( report ,! report "u          
subp>agraph 7,a7 %all include--  7i7 any

 memor&um ( und]/&+ betwe5 or among !   
f9ancial in/itution & an in/itution (   
high] education1 alumni organization1 or
 f\ndation t directly or indirectly     
relates to any aspect ( any agreem5t    
ref]r$ to 9 subp>agraph 7,a7 or controls
 or directs any obligations or          
di/ribution ( b5efits betwe5 or among   
any su* entities2  7ii7 ! am\nt ( any   
paym5ts f ! f9ancial in/itution to !    
in/itution ( high] education1 alumni    
organization1 or f\ndation dur+ ! p]iod 
cov]$ by ! report1 & ! precise t]ms (   
any agreem5t "u :i* su* am\nts are      
det]m9$2 &  7iii7 ! numb] ( f9ancial    
products cov]$ by any su* agreem5t t 7  
orig9at$ dur+ ! p]iod cov]$ by ! report1
 & ! total numb] ( f9ancial products    
cov]$ by ! agreem5t t 7 out/&+ at ! end 
( su* p]iod4  7,c7 ,aggregation (       
in=mation ,! in=mation requir$ to be    
report$ "u subp>agraph 7,a7 %all be     
aggregat$ ) respect to ea* in/itution ( 
high] education or alumni organization  
or f\ndation affiliat$ ) or relat$ to   

su* in/itution ( high] education4  7,d7 
,initial report ,! initial report       
requir$ "u subp>agraph 7,a7 %all be     
submitt$ to ! ,bureau n lat] ?an #a ye> 
aft] ! date ( enactm5t ( ?is section4   
7#c7 ,reports by ,bureau ,! ,bureau %all
 submit to ,congress1 & make available  
to ! public1 an annual report t li/s !  
in=mation conc]n+ ! agreem5ts submitt$  
to ! ,bureau "u p>agraph 7#b7 by ea*    
f9ancial in/itution1 in/itution ( high] 
education1 alumni organization1 or      
f\ndation4  7#d7 ,record repository ,!  
,bureau %all e/abli% & ma9ta9 on its    
publicly available website a c5tral     
repository ( all contracts & o!r        
agreem5ts conta9$ 9 reports receiv$ f   
f9ancial in/itutions pursuant to ?is    
p>agraph1 & su* contracts & agreem5ts   
%all be 9 a =m t is easily accessible & 
retrievable by ! public4  7c7           
,inducem5ts prohibit$ ,no f9ancial      
in/itution may (f] to a /ud5t at an     
in/itution ( high] education any        
tangible or intangible item to induce ! 

/ud5t to apply1 pur*ase1 or obta9 a     
f9ancial product (f]$ by ! f9ancial     
in/itution1 if ! (f] is made-  7#a7 on !
 campus ( an in/itution ( high]         
education2  7#b7 ne> ! campus ( an      
in/itution ( high] education1 z det]m9$ 
by rule ( ! ,bureau2 or  7#c7 at an ev5t
 sponsor$ by or relat$ to an in/itution 
( high] education4  4  7b7 ,rulemak+    
requir$ ,n lat] ?an ! end ( ! #b-ye>    
p]iod beg9n+ on ! date ( ! enactm5t (   
?is ,act1 ! ,bureau ( ,consum] ,f9ancial
 ,protection %all issue regulations     
id5tify+ z unlawful unfair1 deceptive1  
or abusive acts or practices 9          
connection ) any transaction ) a consum]
 = a consum] f9ancial product or s]vice1
 or ! (f]+ ( a consum] f9ancial product 
or s]vice1 z describ$ "u section #ajca (
 ! ,consum] ,f9ancial ,protection ,act (
 #bjaj 7#ab ,u4,s4,c4 #eeca74  7c7      
,te*nical & con=m+ am5dm5t ,! table (   
cont5ts ( ! ,dodd-,frank ,wall ,/reet   
,re=m & ,consum] ,protection ,act is    
am5d$ by add+ aft] ! item relat+ to     

section #ajca ! foll[+3  #ajca;,a4      
,prev5t+ unfair & deceptive m>ket+ (    
f9ancial products to /ud5ts (           
in/itutions ( high] education4  4  #e4  
,/udy ( f9ancial product m>ket+  7a7    
,/udy ,! ,bureau ( ,consum] ,f9ancial   
,protection %all c>ry out a /udy on !   
m>ket+ ( f9ancial products to /ud5ts    
enroll$ 9 in/itutions ( high] education4
 ,su* /udy %all include an analysis (-- 
7#a7 ! ext5t to :i* f9ancial in/itutions
 use an in/itution ( high] education's  
"n1 emblem1 mascot1 logo1 or o!r words1 
pictures1 or symbols readily id5tifi$ ) 
su* in/itution ( high] education 9 !    
m>ket+ ( f9ancial products1 includ+     
deposit acc\nts1 g5]al purpose          
reloadable prepaid c>ds1 & paym5t       
s]vices2  7#b7 ! ext5t to :i*           
in/itutions ( high] education provide   
access to campus facilities & sponsor$  
functions to f9ancial in/itutions1      
includ+ ori5tation activities = new &   
prospective /ud5ts2 &  7#c7 ! ext5t to  
:i* agreem5ts betwe5 f9ancial           

in/itutions & in/itutions ( high]       
education are accessible = inspection by
 /ud5ts & _! families4  7b7 ,report ,n  
lat] ?an ! end ( ! #a-ye> p]iod beg9n+  
on ! date ( ! enactm5t ( ?is ,act1 !    
,bureau %all issue a report to !        
,committees on ,education & ! ,work=ce &
 ,f9ancial ,s]vices ( ! ,h\se (         
,repres5tatives & ! ,committees on      
,heal?1 ,education1 ,labor1 & ,p5sions &
 ,bank+1 ,h\s+1 & ,urban ,affairs ( !   
,s5ate conta9+--  7#a7 all f9d+s &      
det]m9ations made 9 c>ry+ out ! /udy    
requir$ "u subsection 7a72 &  7#b7 any  
legislative recomm5dations ! ,bureau may
 h4  7c7 ,rulemak+ ,if1 aft] conduct+ ! 
/udy requir$ "u subsection 7a71 !       
,bureau det]m9es t f9ancial products are
 n m>ket$ to /ud5ts enroll$ 9           
in/itutions ( high] education 9 a fair  
mann]1 ! ,bureau %all issue regulations 
to ensure su* products are m>ket$ 9 a   
fair mann]4  #f4 ,s5se ( ,congress ,x is
 ! s5se ( ! ,congress t f9ancial        
products m>ket$ to /ud5ts enroll$ 9     

in/itutions ( high] education %\ld be   
pres5t$ 9 a fair & neutral mann]4  #g4  
,def9itions ,= purposes ( ?is ,act1 !   
t]ms f9ancial in/itution & in/itution ( 
high] education h ! mean+s giv5 ! t]ms 9
 section #ajca;,a ( ! ,consum] ,f9ancial
 ,protection ,act ( #bjaj1 z add$ by    
section #c ( ?is ,act4