,i #aac? ,,congress #b;d ,session ,h4 ,r4 #efgd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #ai1 #bjad ,mr4 ,himes introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,education & ! ,work=ce ,a ,,bill ,to provide = high] education re=m4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,college ,af=dability & ,innovation ,act ( #bjad4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,au?oriz+ committees ,! t]m au?oriz+ committees means ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ( ! ,s5ate & ! ,committee on ,education & ! ,work=ce ( ! ,h\se ( ,repres5tatives4 7#b7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,education4 #c4 ,pilot program to promote innovation 9 high] education 7a7 ,purpose2 def9ition 7#a7 ,purpose ,! purpose ( ?is section is to au?orize an evid5ce-bas$ grant program to promote great] exp]im5tation among in/itutions ( high] education to increase ! level ( /ud5t atta9m5t ( po/second>y & graduate c]tificates & degrees ?r\gh innovative programs design$ to decrease ! co/ & "t requir$ to complete po/second>y & graduate programs :ile improv+ ! quality & effectiv5ess ( po/second>y education programs1 provid+ accel]at$ degree or c]tificate programs1 & increas+ on-"t graduation rates4 7#b7 ,in/itution ( high] education ,9 ?is section1 ! t]m in/itution ( high] education has ! mean+ giv5 ! t]m 9 section #ajb ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjb74 7b7 ,inc5tive grants = innovative programs t improve quality & af=dability 7#a7 ,9 g5]al 7,a7 ,grants ,! ,secret>y %all1 = a #e-ye> aw>d t]m1 aw>d grants to n m ?an #ae in/itutions ( high] education1 ?r\gh a competitive process describ$ 9 ?is section1 to enable ! in/itutions to c>ry out programs design$ to graduate /ud5ts ) c]tificates or degrees at significantly l[] co/s = /ud5ts & )9 %ort] "t p]iods ?an traditional programs :ile improv+ ! quality & effectiv5ess ( ! programs4 7,b7 ,good /&+ requirem5t ,only ^? in/itutions ( high] education t are 9 good /&+ ) ! adm9i/ration ( _! /ud5t assi/ance programs "u title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 %all be eligible to receive grants "u subp>agraph 7,a74 7#b7 ,di/ribution ( grant funds ,grant paym5ts %all be aw>d$ ) an initial di/ribution ( #bj p]c5t ( ! total grant am\nt1 foll[$ by a di/ribution ( #aj p]c5t ( ! total grant am\nt prior to ! second1 ?ird1 & f\r? ye>s ( ! program1 & ! rema9+ #ej p]c5t ( ! total grant am\nt aft] ! program receives its f9al satisfactory annual evaluation by ! ,secret>y 9 accordance ) subsection 7f77#a74 7#c7 ,description ( innovative programs ,! programs describ$ "u p>agraph 7#a7 %all include ^? t-- 7,a7 utilize onl9e in/ruction1 includ+ di/ance education 7z def9$ 9 section #ajc ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjc771 or onl9e int]action compon5ts1 or onl9e in/ruction integrat$ ) classroom or 9-p]son in/ruction2 7,b7 utilize direct assessm5t programs1 z describ$ 9 section #dha7;b77#d7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhh7;b77#d771 ei!r )9 a compreh5sive direct assessm5t program or integrat$ )9 ano!r type ( academic program2 7,c7 utilize integration ( exp]i5tial le>n+ & design ( cu/omiz$ programs ( /udy1 to promote completion or alignm5t ) m$ium- & long-t]m employm5t ne$s2 7,d7 all[ /ud5ts to be dually or concurr5tly enroll$ 9 ! po/second>y program & a second>y s*ool1 or a po/second>y program & a graduate program2 or 7,e7 utilize any o!r innovative1 evid5ce-bas$ me?od ( po/second>y education t provides co/-effective1 high-quality me?ods = in/ruction1 /ud5t le>n+1 & use ( available te*nology-bas$ res\rces1 includ+ hybrid models incorporat+ elem5ts ( ! program types set =? 9 subp>agraphs 7,a71 7,b71 7,c71 & 7,d71 & adaptive le>n+ te*nologies4 7c7 ,applications 7#a7 ,9 g5]al ,an in/itution ( high] education t desires to receive a grant "u ?is section %all submit an application to ! ,secret>y at su* "t & 9 su* mann] z ! ,secret>y may require4 7#b7 ,cont5ts ,an application submitt$ "u p>agraph 7#a7 %all include-- 7,a7 a description ( ! in/itution's quality assurances = ! programs to be (f]$2 7,b7 a description ( ! /atutory & regulatory requirem5ts = :i* a waiv] is s\ght "u subsection 7e7 & ! reasons = :i* ! waiv] is s\ght2 7,c7 a description ( ! programs to be (f]$2 7,d7 a description ( ! /ud5ts eligible = ! programs (f]$1 includ+ any eligibility limitations2 7,e7 an assurance t ! in/itution w fully coop]ate ) ! ongo+ evaluations ( ! programs provid$ = 9 ?is section2 7,f7 a description ( h[ ! propos$ program w improve ! quality ( its po/second>y c]tificates or degrees1 r$uce tuition & o!r co/s to /ud5ts1 & r$uce enrollm5t "t2 7,g7 a description ( ! data 7or any o!r evid5ce7 t indicate t ! programs to be (f]$ w likely lead to ! outcomes describ$ 9 subp>agraph 7,f72 7,h7 a complete li/+ ( ! in/itution's p]=mance goals & measures reg>d+ assessm5ts ( ! quality ( its po/second>y c]tificates or degrees1 am\nt ( tuition & co/s *>g$ to /ud5ts1 & ! am\nt ( enrollm5t "t ne$$ by /ud5ts to complete ! po/second>y c]tificates or degrees2 & 7,i7 any o!r in=mation z ! ,secret>y may require4 7d7 ,aw>d+ ( grants 7#a7 ,9 g5]al ,! ,secret>y %all aw>d grants "u ?is section to in/itutions ( high] education = new or exi/+ programs4 7#b7 ,priority ,9 aw>d+ grants "u ?is section1 ! ,secret>y %all give priority to an in/itution ( high] education t ! ,secret>y det]m9es-- 7,a7 is f9ancially responsible1 z describ$ 9 section #dih7;c77#a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajii;c7c77#a772 7,b7 has a prov5 record ( graduat+ /ud5ts f ! o!r programs ( ! in/itution2 7,c7 has a prov5 record ( graduates f ! o!r programs ( ! in/itution secur+ full-"t employm5t2 7,d7 simultane\sly addresses income-relat$ inequalities 9 rem$ial education1 college access1 p]si/5ce rates1 & graduation rates2 7,e7 has support s]vices 9 place1 su* z c\nsel+1 coa*+1 m5tor+1 & outrea*1 t are design$ to assi/ all /ud5ts 9 obta9+ in=mation & mak+ decisions reg>d+ f9ancial aid1 & degree or c]tificate likelihood ( p]si/5ce & completion2 7,f7 w s]ve l[-income /ud5ts1 adult /ud5ts ag$ #be ye>s & old]1 & "p-"t /ud5ts2 7,g7 w support programs t are replicable at a range ( in/itutions ( high] education if !y are demon/rat$ to be successful2 & 7,h7 has pres5t$ ! /ronge/ evid5ce 9 support ( _! likely outcomes1 z requir$ "u subsection 7c77#b77;,g74 7#c7 ,div]se populations ,9 aw>d+ grants "u ?is section1 ! ,secret>y %all ensure ! p>ticipation ( div]se /ud5t populations1 includ+ rural & urban populations1 & ( a div]se range ( in/itutions4 7#d7 ,publication ( grantees ,! ,secret>y %all make available to ! public & to ! au?oriz+ committees a li/ ( ! in/itutions ( high] education aw>d$ a grant "u ?is section1 includ+ a li/+ ( ! specific /atutory & regulatory requirem5ts be+ waiv$ = ea* in/itution & a description ( ! programs & c\rses to be (f]$4 7e7 ,waiv]s 7#a7 ,9 g5]al ,except z provid$ "u p>agraph 7#b71 ) respect to in/itutions ( high] education aw>d$ grants "u ?is section1 ! ,secret>y may waive-- 7,a7 subsection 7a7 or 7b7 ( section #dha ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhh7;a7 & 7b771 z su* subsections relate to requirem5ts = a m9imum numb] ( weeks ( in/ruction2 7,b7 subp>agraph 7,a7 or 7,b7 ( section #ajb7;a77#c7 ( su* ,act 7#bj ,u4,s4,c4 #ajjb7;a77#c77;,a7 & 7,b772 7,c7 "o or m ( ! regulations promulgat$ to c>ry out "p ,f or ,g ( title ,,iv ( su* ,act 7#bj ,u4,s4,c4 #ajhgkk et seq4 & #ajhh et seq471 :i* inhibit ! op]ation ( innovative education programs2 & 7,d7 any o!r requirem5t "u title ,,iv ( su* ,act 7#bj ,u4,s4,c4 #ajgj et seq47 t w bias ! results ( ! program1 includ+ a requirem5t relat$ to ! aw>d process & disbursem5t ( /ud5t f9ancial aid 7su* z innovative deliv]y sy/ems = modul> or compress$ c\rses or o!r innovative sy/ems71 or o!r managem5t proc$ures or processes z det]m9$ 9 ! negotiat$ rulemak+ process "u section #dib ( su* ,act 7#bj ,u4,s4,c4 #ajih;a71 or regulations prescrib$ "u su* title4 7#b7 ,prohibition ( waiv] ,! ,secret>y %all n waive1 pursuant to p>agraph 7#a71 any provision "u ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja et seq47 or a regulation promulgat$ to c>ry out su* ,act ) respect to aw>d rules 7o!r ?an an aw>d rule relat$ to an exp]im5t 9 modul> or compress$ s*$ules71 grant & loan maximum aw>d am\nts1 & ne$ analysis requirem5ts1 unless ! waiv] ( su* provision is au?oriz$ by ano!r provision "u su* ,act4 7f7 ,evaluation & reports 7#a7 ,evaluation & acc\ntability process ,! ,secret>y %all e/abli% an evaluation & acc\ntability process = ! programs au?oriz$ "u ?is section & %all adm9i/] su* process on an annual basis4 ,su* evaluations %all include-- 7,a7 ! ext5t to :i* ! in/itution ( high] education has met ! goals set =? 9 its application to ! ,secret>y1 includ+ ! quality ( education provid$ by p>ticipat+ programs2 7,b7 ! numb] & types ( /ud5ts p>ticipat+ 9 ! programs (f]$1 includ+ ! progress ( p>ticipat+ /ud5ts t[>d recogniz$ c]tificates or degrees2 7,c7 issues relat$ to /ud5t f9ancial assi/ance2 7,d7 ! ext5t to :i* any /atutory or regulatory requirem5ts pres5t difficulties = /ud5ts or in/itutions 9 ! p>ticipat+ programs2 & 7,e7 an analysis ( ! program's progress ) ea* ( its objectives1 includ+ ! numb] & rate ( completion ( p>ticipat+ /ud5ts t[>d recogniz$ c]tificates or degrees1 prices *>g$ to /ud5ts1 "t requir$ to complete ! p>ticipat+ programs1 on-"t completion rates ( p>ticipat+ /ud5ts1 & indicators ( program quality4 7#b7 ,review ,! ,secret>y %all review policies & id5tify ^? policies t pres5t imp$im5ts to ! developm5t & use ( innovative programs & o!r nontraditional me?ods ( exp&+ success & access to education4 7#c7 ,measures ,! ,secret>y %all e/abli% measures to assess ! quality ( ! education provid$ by p>ticipat+ programs "u ?is section1 includ+ a m9imum /&>d ( quality t p>ticipat+ programs %all meet4 7#d7 ,reports ,! ,secret>y %all provide reports to ! au?oriz+ committees on an annual basis reg>d+-- 7,a7 ! programs au?oriz$ "u ?is section2 & 7,b7 ! numb] & types ( /ud5ts receiv+ assi/ance "u ?is section = in/ruction lead+ to a recogniz$ degree or c]tificate1 includ+ ! progress ( su* /ud5ts t[>d recogniz$ c]tificates & ! degree to :i* p>ticipation 9 su* programs lead+ to su* c]tificates increas$4 7#e7 ,duties ( ! secret>y ,9 conduct+ ! program au?oriz$ "u ?is section1 ! ,secret>y %all1 on a cont9u+ basis-- 7,a7 ensure compliance ( in/itutions ( high] education ) ! requirem5ts ( ?is section 7o!r ?an ! sections & regulations t are waiv$ "u subsection 7e772 7,b7 provide te*nical assi/ance2 7,c7 monitor fluctuations 9 ! /ud5t population enroll$ 9 ! p>ticipat+ program2 & 7,d7 assess :e!r ea* p>ticipat+ program is improv+ ! quality ( po/second>y cr$5tials & meet+ ! quality control measures set by ! ,secret>y4 7g7 ,consum] protection = /ud5ts 7#a7 ,program t]m9ation ,if a program fund$ "u ?is section t]m9ates on its accord at any po9t dur+ :i* ! program is receiv+ funds "u ?is section1 or if ! ,secret>y det]m9es t ! program does n meet ! m9imum /&>d ( quality z requir$ "u subsection 7f77#c7-- 7,a7 ! in/itution ( high] education adm9i/]+ ! program %all provide imm$iate notice to /ud5ts enroll$ 9 ! program & %all prep>e a tea*-out plan1 z describ$ 9 section #dhg7;f7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajid7;f772 & 7,b7 ! ,secret>y %all-- 7i7 ensure t-- 7,i7 no additional program funds are di/ribut$ to ! program2 & 7,,ii7 ! in/itution ( high] education adm9i/]+ ! program is 9 compliance ) ! notice & tea*-out requirem5ts "u subp>agraph 7,a72 & 7ii7 assess a f9e to an in/itution ( high] education adm9i/]+ ! program t is n 9 compliance ) ! notice & tea*-out requirem5ts "u subp>agraph 7,a74 7#b7 ,notice & disclosure = /ud5ts ,an in/itution ( high] education adm9i/]+ a p>ticipat+ program "u ?is section %all provide notice to all /ud5ts be=e !y enroll 9 ! p>ticipat+ program t su* program is receiv+ grant funds "u ?is section & may be t]m9at$1 z describ$ 9 p>agraph 7#a74 7h7 ,f9al evaluation by ?ird-,p>ty review] 7#a7 ,9 g5]al ,! ,secret>y %all direct an indep5d5t ?ird-p>ty evaluator to review all p>ticipat+ programs & conduct a f9al evaluation 9 ord] to det]m9e ! evid5ce ( ! effectiv5ess ( ea* program 9 a*iev+ its objectives ) reg>d to ! quality ( ! education provid$1 r$uc+ ! co/ ( ! degree or c]tificate program1 & %ort5+ ! am\nt ( "t ne$$ to complete ! degree or c]tificate program4 7#b7 ,evaluation me?odology ,! indep5d5t ?ird-p>ty evaluator %all e/abli% evaluation me?odology 9 c>ry+ out ! f9al evaluation "u p>agraph 7#a74 7#c7 ,submission to au?oriz+ committees ,! indep5d5t ?ird-p>ty evaluator %all publicize ! f9al evaluation & submit su* evaluation to ! au?oriz+ committees4 7#d7 ,fund+ ,n m ?an #a p]c5t ( ! total am\nt appropriat$ to c>ry out ?is section may be us$ to c>ry out ?is subsection4 7i7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to c>ry out ?is section-- 7#a7 #bfj1jjj1jjj = fiscal ye> #bjae2 & 7#b7 su* sums z may be necess>y = ea* succe$+ fiscal ye>4 #d4 ,high] education acc\ntability 7a7 ,purpose2 def9ition 7#a7 ,9 g5]al ,! purpose ( ?is section is to e/abli% m9imum in/itutional acc\ntability /&>ds t w be requir$ ( all in/itutions ( high] education t receive funds or ^: /ud5ts receive funds pursuant to title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 programs4 ,! /&>ds %all focus on af=dability1 accessibility = l[- & middle-income /ud5ts1 & value4 7#b7 ,in/itution ( high] education ,9 ?is section3 7,a7 ,9 g5]al ,! t]m in/itution ( high] education means an in/itution ( high] education describ$ 9 section #ajb ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjb71 except z provid$ 9 subp>agraphs 7,b7 & 7,c74 7,b7 ,exception ,! t]m in/itution ( high] education does n include in/itutions t solely (f] graduate or pr(essional degree programs ( /udy4 7,c7 ,in/itutions ,to ! ext5t an in/itution (f]s und]graduate programs ( /udy & graduate or pr(essional degree programs ( /udy1 = purposes ( ?is section1 ! t]m in/itution ( high] education ) respect to su* in/itutions %all only include ! und]graduate programs ( /udy4 7b7 ,commission on high] education acc\ntability /&>ds 7#a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 !re %all be e/abli%$ a ,commission on ,high] ,education ,acc\ntability ,/&>ds 7ref]r$ to 9 ?is section z ! ,commission7 to make recomm5dations on a set ( m9imum acc\ntability /&>ds & ! measures = assess+ compliance ) su* /&>ds = in/itutions ( high] education t %all focus on af=dability1 access = l[- & middle-income /ud5ts1 & value4 7#b7 ,composition ( ! ,commission 7,a7 ,9 g5]al ,memb]s ( ! ,commission %all be appo9t$ z foll[s3 7i7 #e memb]s %all be appo9t$ by ! ,majority ,lead] ( ! ,s5ate1 ) ! concurr5ce ( ! ,m9ority ,lead] ( ! ,s5ate on #b ( su* memb]s4 7ii7 #e memb]s %all be appo9t$ by ! ,majority ,lead] ( ! ,h\se ( ,repres5tatives1 ) ! concurr5ce ( ! ,m9ority ,lead] ( ! ,h\se ( ,repres5tatives on #b ( su* memb]s4 7iii7 #e memb]s %all be appo9t$ by ! ,secret>y1 includ+ at lea/ #a memb] f ! ,national ,c5t] = ,education ,/ati/ics & #a memb] f ! ,f$]al ,/ud5t ,aid ,(fice ( ! ,dep>tm5t ( ,education4 7iv7 ,9 ! ev5t t any memb] ( ! ,commission has n be5 appo9t$ dur+ ! #ij-;day p]iod aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all appo9t ! rema9+ memb] 9 ord] to e/abli% ! ,commission4 7,b7 ,g5]al qualifications ,memb]s ( ! ,commission %all be appo9t$ on ! basis ( ! individuals'-- 7i7 exp]i5ce1 integrity1 imp>tiality1 & good judgm5t2 & 7ii7 except ) respect to ! und]graduate /ud5ts1 te*nical qualifications & pr(essional /&+4 7,c7 ,memb]s ( ! commission ,memb]s appo9t$ "u subp>agraph 7,a7 %all be compris$ ( ! foll[+ relevant /akehold]s3 7i7 #b und]graduate /ud5t lead]s f diff]5t types ( in/itutions ( high] education4 7ii7 #b memb]s ( national or regional /ud5t advocacy organizations ) a track record ( engagem5t & exp]tise on issues relat$ to college co/s & /ud5t debt4 7iii7 #a consum] advocate or consum] protection exp]t ) demon/rat$ k ( consum] protection issues relat$ to und]graduate /ud5ts4 7iv7 #b repres5tatives ( faculty gr\ps or associations ) exp]tise relat$ to high] education f9ance or gov]nance4 7v7 #a ,/ate gov]nm5t (ficial ) demon/rat$ k ( ,/ate budget+ & high] education fund+4 7vi7 #c adm9i/rative (fic]s f v>i\s types ( in/itutions ( high] education1 includ+ at lea/ #a f a m9ority-s]v+ in/itution4 7vii7 #a high] education rese>*]4 7viii7 #a ,/ate po/second>y education data sy/em director4 7ix7 #a memb] f ! ,national ,c5t] = ,education ,/ati/ics4 7x7 #a memb] f ! ,f$]al ,/ud5t ,aid ,(fice ( ! ,dep>tm5t ( ,education4 7#c7 ,recomm5dations 7,a7 ,9 g5]al ,! ,commission %all make recomm5dations on a set ( m9imum acc\ntability /&>ds t in/itutions ( high] education mu/ meet ) respect to af=dability1 accessibility1 & value 9 ord] to receive funds or t ! /ud5ts ( su* in/itutions may receive funds pursuant to title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 programs4 ,! ,commission %all also recomm5d measures & acceptable levels ( p]=mance on ^? measures to assess compliance ) ! m9imum acc\ntability /&>ds4 ,if ! ,commission _c issue its recomm5dations by cons5sus1 x %all issue its recomm5dations bas$ on ! views ( a majority ( ! ,commission4 7,b7 ,requir$ measures ,! ,commission %all include1 at a m9imum1 ! foll[+ measures z "p ( ! m9imum acc\ntability /&>ds x %all recomm5d3 7i7 ,af=dability ,! av]age or mean co/ ( tuition & o!r co/s requir$ = att5dance aft] all in/itutional1 ,f$]al1 & ,/ate grant aid is tak5 into acc\nt4 7ii7 ,accessibility ,! p]c5tage ( ! total numb] ( enroll$ /ud5ts :o are recipi5ts ( a ,f$]al ,pell ,grant "u subp>t #a ( "p ,a ( title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj;a et seq474 7iii7 ,value ,/ud5t loan repaym5t rates4 7,c7 ,o!r measures ,! ,commission %all make recomm5dations on additional measures to comprise ! m9imum acc\ntability /&>ds1 includ+ ! foll[+3 7i7 ,af=dability ,! ,commission %all make recomm5dations on additional high] education af=dability measures1 includ+ ! appropriat5ess ( ! foll[+3 7,i7 ,! co/ ( tuition relative to ! co/ to ! in/itution ( educat+ a /ud5t & ! in/itution's adm9i/rative co/s4 7,,ii7 ,! p]c5tage ( in/itutional aid t is aw>d$ on ! basis ( ne$1 z oppos$ to m]it4 7,,iii7 ,annual increases 9 tuition aft] tak+ into acc\nt all public subsidies4 7ii7 ,accessibility ,! ,commission %all make recomm5dations on high] education accessibility measures1 includ+ ! appropriat5ess ( ! foll[+3 7,i7 ,enrollm5t ( l[- & middle-income1 und]repres5t$ m9orities1 & adult /ud5ts ag$ #be & old]4 7,,ii7 ,:e!r in/itutional policies on cr$it transf]s meet indu/ry /&>ds by type ( receiv+ in/itution4 7iii7 ,value ,! ,commission %all make recomm5dations on measures ( high] education value1 includ+ ! appropriat5ess ( ! foll[+3 7,i7 ,/ud5t progress t[>d completion ( a po/second>y degree or c]tificate4 7,,ii7 ,/ud5t completion ( a po/second>y degree or c]tificate1 includ+ = transf] & "p-"t /ud5ts1 or :]e applicable1 transf] rates to #d-ye> degree programs4 7,,iii7 ,/ud5t ret5tion rates4 7,,iv7 ,full-"t employm5t & graduate degree enrollm5t rates aft] graduation4 7#d7 ,consid]ations ,! ,commission %all take into acc\nt ! diff]5ces 9 missions ( in/itutions ( high] education & ensure t in/itutions are held to /&>ds t are appropriate = _! mission4 7#e7 ,he>+s & report 7,a7 ,he>+s ,n lat] ?an #f mon?s aft] ! date ( ! appo9tm5t ( ! f9al memb] ( ! ,commission1 ! ,commission %all hold public field he>+s 9 all regions ( ! ,unit$ ,/ates4 ,! ,commission %all hold n few] ?an #h he>+s4 7,b7 ,report ,n lat] ?an #a ye> aft] ! date ( ! appo9tm5t ( ! f9al memb] ( ! ,commission1 ! ,commission %all prep>e a report on ! recomm5dations "u p>agraph 7#c7 & submit ! report to ! ,secret>y & ! au?oriz+ committees4 ,! report %all include ! foll[+3 7i7 ,recomm5dations = m9imum acc\ntability /&>ds & ! measures = assess+ compliance ) ^? /&>ds = e in/itution ( high] education t receives funds or ^: /ud5ts receive funds pursuant to title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 programs4 ,! /&>ds %all focus on af=dability1 access = l[- & middle-income /ud5ts1 & value4 ,! ,commission %all recomm5d /&>ds t are 9 accordance ) ! types ( in=mation t in/itutions ( high] education are au?oriz$ to collect & report "u ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja et seq474 7ii7 ,recomm5dations = apply+ ! /&>ds to in/itutions ( high] education ) diff]5t academic missions4 7iii7 ,recomm5dations = p]iodic reevaluation ( ! /&>ds & _! efficacy by ! ,secret>y4 7iv7 ,recomm5dations = %>+ in/itutions' p]=mance ) respect to ! /&>ds ) prospective /ud5ts & conduct+ complem5t>y consum] education = /ud5ts4 7v7 ,recomm5dations = ! crit]ia ! ,secret>y %\ld use to rew>d in/itutions ( high] education t meet & exce$ ! m9imum acc\ntability /&>ds4 7vi7 ,recomm5dations to ,congress on re=ms to /atutory or regulatory limitations on ! collection & availability ( data t w\ld improve ! ,secret>y's ability to assess in/itutions' compliance ) m9imum /&>ds ( af=dability1 accessibility1 & value4 7#f7 ,secur+ in=mation ,! ,commission may secure directly f any ,f$]al dep>tm5t or ag5cy su* in=mation z ! ,commission consid]s necess>y to c>ry out its duties "u ?is section4 ,! ,commission may reque/ ! head ( any ,/ate or local dep>tm5t or ag5cy to furni% su* in=mation to ! ,commission4 7#g7 ,f9al /&>ds 7,a7 ,9 g5]al ,n lat] ?an #a ye> aft] receiv+ ! report "u p>agraph 7#e71 ! ,secret>y %all publi% a f9al rule on in/itutional acc\ntability /&>ds4 ,! /&>ds %all be det]m9$ by ! ,secret>y aft] giv+ due consid]ation to ! recomm5d$ /&>ds provid$ by ! ,commission4 ,! ,secret>y %all set =? 9 writ+ ! reasons = any deviation f ! ,commission's recomm5dations = any /&>d or measure & %all submit ! writt5 /atem5t to ! au?oriz+ committees4 7,b7 ,requir$ measures to be includ$ ,9 c>ry+ out subp>agraph 7,a71 ! ,secret>y %all include ! measures describ$ 9 subsection 7b77#c77;,b7 t ! ,commission is requir$ to include z "p ( its m9imum acc\ntability /&>ds4 7#h7 ,assessm5t ,! ,secret>y %all annually assess compliance ) ! in/itutional acc\ntability /&>ds4 ,on ,septemb] #cj ( ! ye> foll[+ ! publication ( ! f9al rule z requir$ "u p>agraph 7#g7 & e ye> !reaft]1 ! ,secret>y %all publi% a li/ ( ea* in/itution ( high] education t p>ticipates 9 title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 & ! in/itution's level ( compliance ) ! acc\ntability /&>ds4 ,! li/ %all be made easily accessible to ! public4 7#i7 ,implem5tation ,! ,secret>y %all e/abli% proc$ures to implem5t ?is subsection1 includ+ proc$ures = effectively apply+ ?is subsection4 7#aj7 ,t]m9ation ,! ,commission %all t]m9ate #fj days aft] ! date on :i* ! ,commission submits ! report "u p>agraph 7#e74 7c7 ,inc5tivize improvem5t = bel[-,/&>d in/itutions 7#a7 ,9 g5]al ,an in/itution ( high] education t p>ticipates 9 title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 programs & t does n meet ! in/itutional acc\ntability /&>ds adopt$ "u subsection 7b7-- 7,a7 %all be deem$ to be 9 probation>y /atus2 & 7,b7 %all "w ) ! ,secret>y to develop a plan = h[ ! in/itution w a*ieve compliance n lat] ?an #e ye>s aft] ! date ( ! det]m9ation ( noncompliance4 7#b7 ,cont9u\s improvem5t ,= ea* ye> foll[+ a det]m9ation t an in/itution ( high] education does n meet ! in/itutional acc\ntability /&>ds adopt$ "u subsection 7b71 ! in/itution %all demon/rate to ! ,secret>y cont9u\s improvem5t 9 foll[+ its plan to a*ieve compliance4 7#c7 ,failure to make cont9u\s improvem5t 7,a7 ,9 g5]al 7i7 #b ye>s out ,if an in/itution ( high] education does n %[ cont9u\s improvem5t #b ye>s aft] a det]m9ation t x does n meet ! in/itutional acc\ntability /&>ds adopt$ "u subsection 7b71 ! in/itution %all pay to ! ,secret>y an am\nt equal to #aj p]c5t ( ! total am\nt ( funds made available "u title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 to /ud5ts 9 att5dance ) an und]graduate enrollm5t /atus at ! in/itution dur+ ! prior academic ye>1 to be deposit$ into ! fund describ$ 9 subp>agraph 7,c74 7ii7 #c ye>s out ,if an in/itution ( high] education does n %[ cont9u\s improvem5t #c ye>s aft] a det]m9ation t x does n meet ! in/itutional acc\ntability /&>ds adopt$ "u subsection 7b71 ! in/itution %all pay to ! ,secret>y an am\nt equal to #bj p]c5t ( ! total am\nt ( funds made available "u title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 to /ud5ts 9 att5dance ) an und]graduate enrollm5t /atus at ! in/itution dur+ ! prior academic ye>1 to be deposit$ into ! fund describ$ 9 subp>agraph 7,c74 7iii7 #d ye>s out ,if an in/itution ( high] education does n %[ cont9u\s improvem5t #d ye>s aft] a det]m9ation t x does n meet ! in/itutional acc\ntability /&>ds adopt$ "u subsection 7b71 ! in/itution %all pay to ! ,secret>y an am\nt equal to #cj p]c5t ( ! total am\nt ( funds made available "u title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 to /ud5ts 9 att5dance ) an und]graduate enrollm5t /atus at ! in/itution dur+ ! prior academic ye>1 to be deposit$ into ! fund describ$ 9 subp>agraph 7,c74 7,b7 ,waiv] & paym5t plan 7i7 ,waiv] ,! ,secret>y may waive a requirem5t ( an in/itution ( high] education pay+ ! am\nt ow$ pursuant to subp>agraph 7,a7 if ! ,secret>y det]m9es su* a waiv] is necess>y to avoid extreme h>d%ip = ! /ud5ts enroll$ at su* in/itution4 7ii7 ,paym5t plan ,! ,secret>y may all[ an in/itution ( high] education t owes an am\nt "u subp>agraph 7,a7 to ent] into a paym5t plan to pay su* am\nt4 7,c7 ,fund ,!re %all be e/abli%$ a special fund 9 :i* am\nts refund$ by an in/itution ( high] education "u ?is p>agraph %all be plac$ to be us$ pursuant to subsection 7d74 7#d7 ,noncompliance five ye>s out ,if an in/itution ( high] education fails to a*ieve compliance by n lat] ?an ! date t is #e ye>s aft] ! date ( ! det]m9ation t ! in/itution does n meet ! in/itutional acc\ntability /&>ds1 ! in/itution-- 7,a7 %all n be eligible to receive funds "u title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq47 = ! academic ye> foll[+ ! date t is #e ye>s aft] ! date ( ! det]m9ation2 7,b7 %all be requir$ to submit a tea*-out plan1 z describ$ 9 section #dhg7;f7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajid7;f772 & 7,c7 %all be eligible to receive funds "u su* title ,,iv :5 ! in/itution is able to demon/rate compliance ) ! in/itutional acc\ntability /&>ds4 7d7 ,au?orization ( rew>d grant program 7#a7 ,9 g5]al ,f am\nts available 9 ! fund e/abli%$ pursuant to subsection 7c77#c77;,c71 ! ,secret>y %all aw>d grants1 on a competitive basis1 to in/itutions ( high] education t meet or exce$ ! in/itutional acc\ntability /&>ds adopt$ "u subsection 7b74 ,9 det]m9+ ! crit]ia = aw>d+ grants1 ! ,secret>y %all give due consid]ation to ! recomm5dations ( ! ,commission4 7#b7 ,use = f9ancial aid ,an in/itution ( high] education aw>d$ a grant "u p>agraph 7#a7 %all use ! grant funds = ne$-bas$ aid to /ud5ts :o are eligible = ,f$]al ,pell ,grants "u subp>t #a ( "p ,a ( title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj;a et seq474