,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #cdhg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #be1 #bjai,mr4 ,takano introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,education & ,labor ,a ,,bill ,to improve ! ,high] ,education ,act ( #aife1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,protections & ,regulation = ,our ,/ud5ts ,act or ,,pro ,/ud5ts ,act4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,sec4 #b4 #he-ae rev5ue s\rce requirem5t = propriet>y in/itutions4 ,sec4 #c4 ,def9itions4 ,sec4 #d4 ,re/riction on m>ket+ ) ,f$]al educational assi/ance funds4 ,sec4 #e4 ,:i/lebl[] protections = p]sons associat$ ) in/itutions ( high] education4 ,sec4 #f4 ,e/abli%m5t ( compla9t resolution & track+ sy/em4 ,sec4 #g4 ,propriet>y education ov]sight coord9ation committee4 ,sec4 #h4 ,improv$ det]m9ation ( cohort default rates2 publication ( default prev5tion plan4 ,sec4 #i4 ,am5dm5ts to t]ms & conditions ( borr[] def5ses4 ,sec4 #aj4 ,improv$ /ud5t loan s]vic+ & debt collection practices4 ,sec4 #aa4 ,improv$ disclosures1 c\nsel+1 & f9ancial assi/ance in=mation = /ud5ts4 ,sec4 #ab4 ,program p>ticipation agreem5ts4 ,sec4 #ac4 ,improv$ disclosures = cl9ical tra9+ programs4 ,sec4 #ad4 ,civil p5alties4 ,sec4 #ae4 ,requirem5ts = accr$it+ ag5cies or associations4 ,sec4 #af4 ,program review & data4 ,sec4 #ag4 ,consum] protections = /ud5ts4 #b4 #he-ae rev5ue s\rce requirem5t = propriet>y in/itutions 7a7 ,*ange f #ij-aj to #he-ae ,section #dhg7;a77#bd7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajid7;a77#bd77 is am5d$ by /rik+ t5 p]c5t & ins]t+ #ae p]c5t4 7b7 ,revisions to acc\nt+ ,section #dhg7;d77#a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajid7;d77#a77 is am5d$-- 7#a7 9 subp>agraph 7,a71 by /rik+ acc\nt+1 & all t foll[s & ins]t+ acc\nt+22 7#b7 9 subp>agraph 7,b71 by /rik+ clause 7iii7 & ins]t+ ! foll[+ new clause3 7iii7 a contractual arrangem5t ) a ,f$]al ag5cy = ! purpose ( provid+ job tra9+ to l[-income individuals :o are 9 ne$ ( su* tra9+2 2 7#c7 9 subp>agraph 7,c7-- 7,a7 by /rik+ clauses 7i7 ?r\gh 7iii7 & ins]t+ ! foll[+ new clause3 7i7 grant funds provid$ by a s\rce t has no affiliation ) ! in/itution & %>es no employees ) ! in/itution2 2 & 7,b7 by r$esignat+ clause 7iv7 z clause 7ii72 & 7#d7 by /rik+ subp>agraphs 7,d7 & 7,e7 & ins]t+ ! foll[+ new subp>agraphs3 7,d7 include no loans made by an in/itution ( high] education z rev5ue to ! s*ool1 except = paym5ts made by /ud5ts on su* loans2 7,e7 include a s*ol>%ip provid$ by ! in/itution-- 7i7 only if ! s*ol>%ip is 9 ! =m ( monet>y aid bas$ ^u ! academic a*ievem5ts or f9ancial ne$ ( /ud5ts1 disburs$ to qualifi$ /ud5t recipi5ts dur+ ea* fiscal ye> f an e/abli%$ re/rict$ acc\nt2 & 7ii7 only to ! ext5t t funds 9 t acc\nt repres5t designat$ funds1 or income e>n$ on su* funds1 f a s\rce t has no affiliation ) ! in/itution & %>es no employees ) ! in/itution2 & 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all take effect #a ye> aft] ! date ( enactm5t ( ?is ,act4 #c4 ,def9itions 7a7 ,9 g5]al ,section #ajc ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjc7 is am5d$-- 7#a7 by r$esignat+ p>agraphs 7#d7 ?r\gh 7#i71 7#aj7 ?r\gh 7#ad71 & 7#ae7 ?r\gh 7#bd71 z p>agraphs 7#e7 ?r\gh 7#aj71 7#ab7 ?r\gh 7#af71 & 7#ah7 ?r\gh 7#bf71 respectively2 7#b7 by ins]t+ aft] p>agraph 7#c7 ! foll[+ new p>agraph3 7#d7 ,default manipulation ,! t]m default manipulation means engag+ 9 a device or practice1 includ+ bran*+1 consolidation ( campuses1 consolidation or manipulation ( ! id5tification codes us$ by ! ,(fice ( ,po/second>y ,education to designate campuses & in/itutions1 *ange ( own]%ip or control1 s]ial =be>ance1 or any simil> device or practice 7z det]m9$ by ! ,secret>y7 :51 b = ! device or practice1 "o or m campuses ( an in/itution ( high] education w\ld be at risk ( cohort default rate sanctions "u section #dce or /ud5t default risk sanctions "u section #dhi;,a4 2 7#c7 by ins]t+ aft] p>agraph 7#aj71 z r$esignat$ by p>agraph 7#a7 ( ?is section1 ! foll[+ new p>agraph3 7#aa7 ,f$]al educational assi/ance funds ,! t]m ,f$]al educational assi/ance funds means any ,f$]al f9ancial assi/ance provid$1 "u ?is ,act or any o!r ,f$]al law1 ?r\gh a grant1 contract1 subsidy1 loan1 gu>antee1 insurance1 or o!r means to an in/itution ( high] education1 includ+ ,f$]al f9ancial assi/ance t is disburs$ or deliv]$ to an in/itution or on behalf ( a /ud5t or to a /ud5t to be us$ to att5d ! in/itution1 except t su* t]m %all n include any mon?ly h\s+ /ip5d provid$ "u ! ,po/-#i_/aa ,vet]ans ,educational ,assi/ance ,program "u *apt] #cc ( title #ch1 ,unit$ ,/ates ,code4 2 & 7#d7 by ins]t+ aft] p>agraph 7#af71 z r$esignat$ by p>agraph 7#a7 ( ?is section1 ! foll[+ new p>agraph3 7#ag7 ,recruit+ & m>ket+ activity 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 ! t]m recruit+ & m>ket+ activity means an activity t consi/s ( any ( ! foll[+3 7i7 ,any adv]tis+ or promotion activity1 includ+ a paid ann\ncem5t 9 newspap]s1 magaz9es1 radio1 television1 billbo>ds1 electronic m$ia1 nam+ rights1 or any o!r public m$ium ( communication1 includ+ pay+ = a display or promotion at a job fair1 milit>y in/allation1 or po/second>y education recruit+ ev5t4 7ii7 ,any ef=t to id5tify & attract prospective /ud5ts1 directly or ?r\gh a contractor or o!r ?ird p>ty1 includ+ any contact conc]n+ a prospective /ud5t's pot5tial enrollm5t or application = grant1 loan1 or "w assi/ance "u title ,,iv or p>ticipation 9 preadmission or advis+ activities1 includ+-- 7,i7 pay+ employees responsible = ov]see+ enrollm5t & = contact+ pot5tial /ud5ts 9 p]son1 by phone1 by email1 by int]net communications1 or by o!r means1 reg>d+ enrollm5t2 7,,ii7 comp5sat+ a p]son to provide to an in/itution ( high] education contact in=mation reg>d+ prospective /ud5ts1 includ+ in=mation obta9$ ?r\gh websites e/abli%$ = su* purpose2 & 7,,iii7 provid+ funds to a ?ird p>ty to create or ma9ta9 a website = ! purpose ( obta9+ contact in=mation reg>d+ prospective /ud5ts4 7iii7 ,any o!r activity z ! ,secret>y may det]m9e4 7,b7 ,exception ,an activity t is requir$ z a condition ( receipt ( funds by an in/itution "u title ,,iv1 or "u ano!r applicable ,f$]al law1 %all n be consid]$ to be a recruit+ & m>ket+ activity "u subp>agraph 7,a74 4 7b7 ,title ,,iv programs ,section #dha ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhh7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7g7 ,/ud5t default risk ,9 ?is title1 ! t]m /ud5t default risk means ! p]c5tage t is calculat$ by tak+ an in/itution's cohort default rate 7z def9$ 9 section #dce7m77 = ! mo/ rec5t fiscal ye> available1 & multiply+ x by ! p]c5tage ( /ud5ts enroll$ at su* in/itution receiv+ a loan made1 insur$1 or gu>ante$ "u ?is title dur+ ! previ\s academic ye>4 4 #d4 ,re/riction on m>ket+ ) ,f$]al educational assi/ance funds 7a7 ,repeal ( exi/+ provision ,! ,high] ,education ,opportunity ,act is am5d$ by /rik+ section #aai 7#bj ,u4,s4,c4 #ajaam74 7b7 ,ins]tion 9 ,high] ,education ,act ( #aife & am5dm5ts ,"p ,b ( title ,i ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajaa et seq47 is am5d$ by add+ at ! end ! foll[+ new section3 #abd4 ,c]tification reg>d+ ! use ( c]ta9 ,f$]al funds & re/rictions on s\rces ( funds = recruit+ & m>ket+ activities 7a7 ,prohibition ,no ,f$]al funds receiv$ "u ?is ,act by an in/itution ( high] education or o!r po/second>y educational in/itution may be us$ to pay any p]son = influ5c+ or attempt+ to influ5ce an (fic] or employee ( any ag5cy1 a ,memb] ( ,congress1 an (fic] or employee ( ,congress1 or an employee ( a ,memb] ( ,congress 9 connection ) any ,f$]al action describ$ 9 subsection 7b74 7b7 ,applicability ,! prohibition 9 subsection 7a7 applies ) respect to ! foll[+ ,f$]al actions3 7#a7 ,! aw>d+ ( any ,f$]al contract4 7#b7 ,! mak+ ( any ,f$]al grant4 7#c7 ,! mak+ ( any ,f$]al loan4 7#d7 ,! ent]+ into ( any ,f$]al coop]ative agreem5t4 7#e7 ,! ext5sion1 cont9uation1 r5ewal1 am5dm5t1 or modification ( any ,f$]al contract1 grant1 loan1 or coop]ative agreem5t4 7c7 ,lobby+ & e>m>ks ,no ,f$]al /ud5t aid fund+ "u ?is ,act may be us$ to hire a regi/]$ lobbyi/ or pay any p]son or entity = secur+ an e>m>k4 7d7 ,re/rictions on s\rces ( funds = recruit+ & m>ket+ activities 7#a7 ,9 g5]al ,an in/itution ( high] education1 or o!r po/second>y educational in/itution1 may n use rev5ues d]iv$ f ,f$]al educational assi/ance funds = recruit+ or m>ket+ activities4 7#b7 ,rule ( con/ruction ,no?+ 9 ?is section %all be con/ru$ z a limitation on ! use by an in/itution ( rev5ues d]iv$ f s\rces o!r ?an ,f$]al educational assi/ance funds4 7#c7 ,reports ,ea* in/itution ( high] education1 or o!r po/second>y educational in/itution1 t d]ives #fe p]c5t or m ( rev5ues f ,f$]al educational assi/ance funds %all report annually to ! ,secret>y & to ,congress & %all include 9 su* report-- 7,a7 a /atem5t ( ! in/itution's exp5ditures on adv]tis+1 m>ket+1 & recruit+2 & 7,b7 a v]ification f an indep5d5t auditor t ! in/itution is 9 compliance ) ! requirem5ts ( ?is subsection4 7e7 ,c]tification ,ea* in/itution ( high] education or o!r po/second>y educational in/itution receiv+ ,f$]al fund+ "u ?is ,act1 z a condition = receiv+ su* fund+1 %all annually c]tify to ! ,secret>y ( ,education t ! requirem5ts ( subsections 7a7 ?r\gh 7d7 h be5 met4 7f7 ,actions ,to implem5t & en=ce ,! ,secret>y %all take su* actions z are necess>y to ensure t ! provisions ( ?is section are implem5t$ & en=c$4 4 #e4 ,:i/lebl[] protections = p]sons associat$ ) in/itutions ( high] education 7a7 ,:i/lebl[] ,protection ,program ,title ,i ( ! ,high] ,education ,act ( #aife is am5d$ by ins]t+ aft] section #abc 7#bj ,u4,s4,c4 #ajaal7 ! foll[+ new section3 #abd4 ,protection f retaliation = disclosure ( c]ta9 in=mation by p]sons associat$ ) in/itutions ( high] education 7a7 ,prohibition ( retaliation 7#a7 ,9 g5]al ,an in/itution ( high] education p>ticipat+ 9 programs "u title ,,iv 79 ?is section ref]r$ to z an in/itution7 may n dis*>ge1 demote1 or o!rwise discrim9ate aga9/ any p]son z retaliation =-- 7,a7 su* p]son disclos+ to an individual or entity describ$ 9 p>agraph 7#b7 in=mation su* p]son reasonably believes evid5ces a violation ( any law1 rule1 or regulation by ! in/itution2 or 7,b7 assi/+ a p]son disclos+ su* in=mation or provid+ in=mation or docum5ts = use 9 disclos+ su* in=mation4 7#b7 ,individuals & entities cov]$ ,! individuals & entities describ$ 9 ?is p>agraph are3 7,a7 ,a ,memb] ( ,congress or a repres5tative ( a committee ( ,congress4 7,b7 ,an ,executive ag5cy 7z def9$ 9 section #aje ( title #e1 ,unit$ ,/ates ,code74 7,c7 ,! ,gov]nm5t ,acc\ntability ,(fice4 7,d7 ,a law en=cem5t ag5cy4 7,e7 ,a c\rt or gr& jury4 7,f7 ,a managem5t (ficial or o!r employee ( an in/itution :o has ! responsibility to inve/igate1 discov]1 or address misconduct4 7b7 ,inve/igation ( compla9ts 7#a7 ,submission ( compla9t ,a p]son :o believes t !y h be5 subject$ to a retaliation prohibit$ by subsection 7a7 may submit a compla9t to ! ,inspector ,g5]al ( ! ,dep>tm5t ( ,education 79 ?is section ref]r$ to z ! ,inspector ,g5]al74 ,unless ! ,inspector ,g5]al det]m9es t ! compla9t is frivol\s1 fails to allege a violation ( subsection 7a71 or has previ\sly be5 address$ 9 ano!r ,f$]al or ,/ate judicial or adm9i/rative proce$+ initiat$ by ! compla9ant1 ! ,inspector ,g5]al %all inve/igate ! compla9t &1 ^u completion ( su* inve/igation1 submit a report ( ! f9d+s ( ! inve/igation to ! compla9ant1 ! in/itution conc]n$1 & ! ,secret>y4 7#b7 ,inspector g5]al action 7,a7 ,det]m9ation or submission ( report on f9d+s ,except z provid$ "u subp>agraph 7,b71 ! ,inspector ,g5]al %all make a det]m9ation t a compla9t is frivol\s1 fails to allege a violation ( subsection 7a71 or has previ\sly be5 address$ 9 ano!r ,f$]al or ,/ate judicial or adm9i/rative proce$+ initiat$ by ! compla9ant or submit a report "u p>agraph 7#a7 n lat] ?an #ahj days aft] receiv+ ! compla9t4 7,b7 ,ext5sion ( "t ,if ! ,inspector ,g5]al is unable to complete an inve/igation 9 "t to submit a report )9 ! #ahj-;day p]iod specifi$ 9 subp>agraph 7,a7 & ! compla9ant agrees to an ext5sion ( "t1 ! ,inspector ,g5]al %all submit a report "u p>agraph 7#a7 )9 su* additional p]iod ( "t1 up to #ahj days1 z %all be agre$ ^u betwe5 ! ,inspector ,g5]al & ! compla9ant4 7#c7 ,prohibition on disclosure ,! ,inspector ,g5]al may n respond to any inquiry or disclose any in=mation f or ab\t any p]son alleg+ retaliation1 except to ! ext5t t su* response or disclosure is-- 7,a7 made ) ! cons5t ( ! p]son alleg+ ! retaliation2 7,b7 made 9 accordance ) ! provisions ( section #eeb;a ( title #e1 ,unit$ ,/ates ,code1 or z requir$ by any o!r applicable ,f$]al law2 or 7,c7 necess>y to conduct an inve/igation ( ! alleg$ retaliation4 7#d7 ,"t limitation ,a compla9t may n be br\ght "u ?is subsection m ?an ?ree ye>s aft] ! date on :i* ! alleg$ retaliation took place4 7c7 ,rem$y & en=cem5t au?ority 7#a7 ,9 g5]al ,n lat] ?an #cj days aft] receiv+ an ,inspector ,g5]al report pursuant to subsection 7b71 ! ,secret>y %all det]m9e :e!r !re is suffici5t basis to conclude t ! in/itution has violat$ subsection 7a7 & %all ei!r issue an ord] d5y+ relief or %all take "o or m ( ! foll[+ actions3 7,a7 ,ord] ! in/itution to take action to abate ! retaliation4 7,b7 ,ord] ! in/itution to re9/ate ! compla9ant to ! position t ! compla9ant held be=e ! retaliation1 toge!r ) comp5satory damages 7includ+ back pay7 & any o!r b5efits1 t]ms1 or conditions t w\ld apply to ! compla9ant 9 t position if ! retaliation _h n occurr$4 7,c7 ,ord] ! in/itution to pay ! compla9ant an am\nt equal to ! aggregate am\nt ( all co/s & exp5ses 7includ+ attorneys' fees & exp]t witness fees7 t 7 reasonably incurr$ by ! compla9ant =1 or 9 connection )1 br++ ! compla9t reg>d+ ! retaliation1 z det]m9$ by ! ,secret>y4 7#b7 ,exhau/ion ( rem$ies ,if ! ,secret>y issues an ord] d5y+ relief "u p>agraph 7#a7 or has n issu$ an ord] )9 #baj days aft] ! submission ( a compla9t "u subsection 7b71 or 9 ! case ( an ext5sion ( "t "u subsection 7b77#b77;,b71 n lat] ?an #cj days aft] ! expiration ( ! ext5sion ( "t1 & !re is no %[+ t su* delay is due to ! bad fai? ( ! compla9ant1 ! compla9ant %all be deem$ to h exhau/$ all adm9i/rative rem$ies ) respect to ! compla9t1 & ! compla9ant may br+ a de novo action at law or equity aga9/ ! in/itution to seek comp5satory damages & o!r relief available "u ?is section 9 ! appropriate di/rict c\rt ( ! ,unit$ ,/ates1 :i* %all h jurisdiction ov] su* an action )\t reg>d to ! am\nt 9 controv]sy4 ,su* an action %all1 at ! reque/ ( ei!r p>ty to ! action1 be tri$ by ! c\rt ) a jury4 ,an action "u ?is p>agraph may n be br\ght m ?an two ye>s aft] ! date on :i* rem$ies are deem$ to h be5 exhau/$4 7#c7 ,admissibility ( evid5ce ,! ,inspector ,g5]al det]m9ation & ord] ( ! ,secret>y d5y+ relief "u p>agraph 7#b7 %all be admissible 9 evid5ce 9 any de novo action at law or equity br\ght pursuant to ?is subsection4 7#d7 ,en=cem5t ( ord]s ,:5ev] a p]son fails to comply ) an ord] issu$ "u p>agraph 7#a71 ! ,secret>y %all file an action = en=cem5t ( su* ord] 9 ! ,unit$ ,/ates di/rict c\rt = a di/rict 9 :i* ! retaliation 0 f\nd to h occurr$4 ,9 any action br\ght "u ?is p>agraph1 ! c\rt may grant appropriate relief1 includ+ injunctive relief1 comp5satory & exempl>y damages1 & attorneys' fees & co/s4 ,! p]son ^u ^: behalf an ord] 0 issu$ may also file su* an action or jo9 9 an action fil$ by ! ,secret>y4 7#e7 ,judicial review ,any p]son adv]sely affect$ or aggriev$ by an ord] issu$ "u p>agraph 7#a7 may obta9 review ( ! ord]'s con=mance ) ?is subsection1 & any regulations issu$ to c>ry out ?is section1 9 ! ,unit$ ,/ates c\rt ( appeals = a circuit 9 :i* ! retaliation is alleg$ 9 ! ord] to h occurr$4 ,no petition seek+ su* review may be fil$ m ?an #fj days aft] issuance ( ! ord] by ! head ( ! executive ag5cy4 ,su* review %all con=m to *apt] #g ( title #e1 ,unit$ ,/ates ,code4 ,fil+ su* an appeal %all n act to /ay ! en=cem5t ( ! ord] ( ! ,secret>y1 unless a /ay is specifically ent]$ by ! c\rt4 7#f7 ,burd5s ( pro( ,! legal burd5s ( pro( specifi$ 9 section #abba7;e7 ( title #e1 ,unit$ ,/ates ,code1 %all be controll+ = ! purposes ( any inve/igation conduct$ by ! ,inspector ,g5]al1 decision by ! ,secret>y1 or judicial or adm9i/rative proce$+ to det]m9e :e!r discrim9ation prohibit$ "u ?is section has occurr$4 7#g7 ,rights & rem$ies n waivable ,! rights & rem$ies provid$ = 9 ?is section may n be waiv$ by any agreem5t1 policy1 =m1 or condition ( employm5t4 7d7 ,notification ( p]sons associat$ ) in/itution ,! ,secret>y %all ensure t ea* in/itution in=ms ! employees1 /ud5ts1 & contractors ( ! in/itution 9 writ+ ( ! rights & rem$ies provid$ "u ?is section4 7e7 ,con/ruction ,no?+ 9 ?is section may be con/ru$ to au?orize ! dis*>ge (1 demotion (1 or discrim9ation aga9/ a p]son = a disclosure o!r ?an a disclosure protect$ by subsection 7a7 or to modify or d]ogate f a "r or rem$y o!rwise available su* p]son4 4 7b7 ,prohibition ( ,retaliation ,section #dhg7;a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajid7;a77 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#cj7 ,! in/itution w comply ) ! requirem5ts ( section #abd4 4 #f4 ,e/abli%m5t ( compla9t resolution & track+ sy/em ,title ,i ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja et seq47 is am5d$ by add+ at ! end ! foll[+ new "p3 ,f ,compla9t ,track+ ,sy/em #afa4 ,compla9t track+ sy/em 7a7 ,e/abli%m5t ( compla9t track+ sy/em 7#a7 ,e/abli%m5t ( compla9t track+ sy/em ,n lat] ?an #a ye> aft] ! enactm5t ( ! ,,pro ,/ud5ts ,act1 ! ,secret>y %all complete ! e/abli%m5t ( a compla9t track+ sy/em t includes a s+le1 toll-free telephone numb] & a website to facilitate ! c5traliz$ collection (1 monitor+ (1 & response to compla9ts or inquiries reg>d+ ! educational practices & s]vices1 & recruit+ & m>ket+ practices1 ( all po/second>y educational in/itutions4 7#b7 ,e/abli%m5t ( compla9t track+ (fice ,! ,secret>y %all e/abli% )9 ! ,dep>tm5t an (fice ^: functions %all include e/abli%+1 adm9i/]+1 & dissem9at+ widely in=mation ab\t ! compla9t track+ sy/em e/abli%$ "u p>agraph 7#a74 ,! ,secret>y %all-- 7,a7 to ! ext5t necess>y1 comb9e & consolidate ! o!r (fices & functions ( ! ,dep>tm5t to ensure t ! (fice e/abli%$ "u ?is p>agraph is ! s+le po9t ( contact = /ud5ts & borr[]s ) compla9ts2 & 7,b7 to ! ext5t practicable1 ensure t ! (fice e/abli%$ 9 ?is p>agraph w "w ) ! ,/ud5t ,loan ,ombudsman appo9t$ 9 accordance ) section #ada7;f7 to assi/ borr[]s t h compla9ts reg>d+ ! educational practices & s]vices1 & recruit+ & m>ket+ practices1 ( po/second>y educational in/itutions4 7b7 ,h&l+ ( compla9ts 7#a7 ,timely response to compla9ts ,! ,secret>y %all e/abli%1 9 consultation ) ! heads ( appropriate ag5cies1 reasonable proc$ures to provide a timely response to compla9ants1 9 writ+ :]e appropriate1 to compla9ts aga9/1 or inquiries conc]n+1 an in/itution ( high] education t receives funds "u ?is ,act4 ,ea* response %all include a description (-- 7,a7 ! /eps t h be5 tak5 by ! ,secret>y 9 response to ! compla9t or inquiry2 7,b7 any responses receiv$ by ! ,secret>y f ! in/itution ( high] education2 & 7,c7 any additional actions t ! ,secret>y has tak51 or plans to take1 9 response to ! compla9t or inquiry4 7#b7 ,timely response to secret>y by in/itution ( high] education ,! ,secret>y %all notify ea* in/itution ( high] education t receives funds "u ?is ,act & t is ! subject ( a compla9t or inquiry "u ?is section reg>d+ ! compla9t or inquiry4 ,n lat] ?an #fj days aft] receiv+ su* notice1 su* in/itution %all provide a response to ! ,secret>y conc]n+ ! compla9t or inquiry1 includ+-- 7,a7 ! /eps t h be5 tak5 by ! in/itution to respond to ! compla9t or inquiry2 7,b7 all responses receiv$ by ! in/itution f ! compla9ant2 & 7,c7 any additional actions t ! in/itution has tak51 or plans to take1 9 response to ! compla9t or inquiry4 7#c7 ,fur!r inve/igation ,! ,secret>y may1 9 ! ev5t t ! compla9t is n adequately resolv$ or address$ by ! responses ( ! in/itution ( high] education receiv+ funds "u ?is ,act "u p>agraph 7#b71 ask additional que/ions ( su* in/itution or seek additional in=mation f or action by ! in/itution4 7#d7 ,provision ( in=mation 7,a7 ,9 g5]al ,an in/itution ( high] education t receives funds "u ?is ,act %all1 9 a timely mann]1 comply ) a reque/ by ! ,secret>y = in=mation 9 ! control or possession ( su* in/itution conc]n+ a compla9t or inquiry receiv$ by ! ,secret>y "u subsection 7a71 includ+ support+ writt5 docum5tation1 subject to subp>agraph 7,b74 7,b7 ,exceptions ,an in/itution ( high] education t receives funds "u ?is ,act %all n be requir$ to make available "u ?is subsection-- 7i7 any nonpublic or confid5tial in=mation1 includ+ any confid5tial comm]cial in=mation2 7ii7 any in=mation collect$ by ! in/itution = ! purpose ( prev5t+ fraud or detect+ or mak+ any report reg>d+ o!r unlawful or pot5tially unlawful conduct2 or 7iii7 any in=mation requir$ to be kept confid5tial by any o!r provision ( law4 7#e7 ,compliance ,an in/itution ( high] education t receives funds "u ?is ,act %all comply ) ! requirem5ts to provide responses & in=mation1 9 accordance ) ?is subsection1 z a condition ( receiv+ su* funds4 7c7 ,transp>5cy 7#a7 ,%>+ in=mation ) ,f$]al & ,/ate ag5cies ,z appropriate & 9 accordance ) section #ddd ( ! ,g5]al ,education ,provisions ,act 7#bj ,u4,s4,c4 #abcb;g7 7commonly ref]r$ to z ! 8,family ,educational ,rights & ,privacy ,act ( #aigd07 & o!r laws1 ! ,secret>y %all coord9ate ) ! heads ( relevant ,f$]al & ,/ate ag5cies to-- 7,a7 collect compla9ts relat$ to ! compla9t track+ sy/em describ$ 9 subsection 7b7 f su* ag5cies2 & 7,b7 :5 appropriate1 r\te su* compla9ts to ! ,dep>tm5t ( ,education1 ! ,dep>tm5t ( ,ju/ice1 ! ,dep>tm5t ( ,def5se1 ! ,dep>tm5t ( ,vet]ans ,affairs1 ! ,f$]al ,trade ,commission1 ! ,consum] ,f9ancial ,protection ,bureau1 or any equival5t ,/ate ag5cy4 7#b7 ,int]action ) exi/+ compla9t sy/ems ,to ! ext5t practicable1 all proc$ures e/abli%$ "u ?is section1 & all coord9ation c>ri$ out "u p>agraph 7#a71 %all be done 9 accordance ) ! compla9t track+ sy/ems e/abli%$ "u ,executive ,ord] #acfjg 7#gg ,f$4 ,reg4 #behfa2 relat+ to e/abli%+ pr9ciples ( excell5ce = educational in/itutions s]v+ s]vicememb]s1 vet]ans1 sp\ses1 & o!r family memb]s74 7#c7 ,public in=mation 7,a7 ,9 ,g5]al ,! ,secret>y %all regul>ly publi% on ! website ( ! ,dep>tm5t in=mation on ! compla9ts & inquiries receiv$ = ea* po/second>y educational in/itution "u ?is section1 includ+-- 7i7 ! numb] ( compla9ts & inquiries receiv$2 7ii7 ! types ( compla9ts & inquiries receiv$2 & 7iii7 :]e applicable1 in=mation ab\t ! resolution ( ! compla9ts & inquiries4 7,b7 ,data privacy ,9 c>ry+ out subp>agraph 7,a71 ! ,secret>y %all-- 7i7 comply ) applicable data privacy laws & regulations2 & 7ii7 ensure t p]sonally id5tifiable in=mation is n %>$4 7#d7 ,reports ,ea* ye>1 ! ,secret>y %all prep>e & submit to ! au?oriz+ committees a report describ+-- 7,a7 ! types & nature ( compla9ts ! ,secret>y has receiv$ "u ?is section2 7,b7 ! ext5t to :i* compla9ants are receiv+ relief pursuant to ?is section2 7,c7 :e!r p>ticul> types ( compla9ts are m common 9 a giv5 sector ( po/second>y educational in/itutions2 7,d7 any legislative recomm5dations t ! ,secret>y det]m9es are necess>y to bett] assi/ /ud5ts & families2 & 7,e7 ! s*ools ) ! highe/ volume ( compla9ts1 z det]m9$ by ! ,secret>y4 7d7 ,compla9ant def9$ ,9 ?is section1 ! t]m compla9ant means a p]son ) a compla9t aga9/1 or inquiry conc]n+1 an in/itution ( high] education t receives funds "u ?is ,act :o is-- 7#a7 a /ud5t ( a po/second>y educational in/itution2 7#b7 a family memb] ( a /ud5t ( a po/second>y educational in/itution2 7#c7 a ?ird p>ty act+ on behalf ( a /ud5t ( a po/second>y educational in/itution2 or 7#d7 a /aff memb] or employee ( a po/second>y educational in/itution4 4 #g4 ,propriet>y education ov]sight coord9ation committee ,title ,i ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja et seq471 z am5d$ by section #f ( ?is ,act1 is fur!r am5d$ by add+ at ! end ! foll[+ new "p3 ,g ,propriet>y ,education ,ov]sight ,coord9ation ,improvem5t #aff4 ,def9itions ,9 ?is "p3 7#a7 ,executive (fic] ,! t]m executive (fic]1 ) respect to a propriet>y in/itution ( high] education t is a publicly trad$ corporation1 means-- 7,a7 ! presid5t ( su* corporation2 7,b7 a vice presid5t ( su* corporation :o is 9 *>ge ( a pr9cipal bus9ess unit1 division1 or function ( su* corporation 7includ+ sales1 adm9i/ration1 or f9ance72 or 7,c7 any o!r (fic] or p]son :o p]=ms a policy mak+ function = su* corporation4 7#b7 ,propriet>y in/itution ( high] education ,! t]m propriet>y in/itution ( high] education has ! mean+ giv5 ! t]m 9 section #ajb7;b74 7#c7 ,/ate approval ag5cy ,! t]m ,/ate approval ag5cy means any ,/ate ag5cy t det]m9es :e!r an in/itution ( high] education is legally au?oriz$ )9 su* ,/ate to provide a program ( education beyond second>y education4 7#d7 ,vet]ans s]vice organization ,! t]m vet]ans s]vice organization means an organization recogniz$ by ! ,secret>y ( ,vet]ans ,affairs = ! repres5tation ( vet]ans "u section #eijb ( title #ch1 ,unit$ ,/ates ,code4 #afg4 ,e/abli%m5t ( ,committee 7a7 ,e/abli%m5t ,!re is e/abli%$ a committee to be kn[n z ! ,propriet>y ,education ,ov]sight ,coord9ation ,committee 7ref]r$ to 9 ?is "p z ! ,committee7 & to be compos$ ( ! head 7or ! designee ( su* head7 ( ea* ( ! foll[+3 7#a7 ,! ,dep>tm5t ( ,education4 7#b7 ,! ,bureau ( ,consum] ,f9ancial ,protection4 7#c7 ,! ,dep>tm5t ( ,ju/ice4 7#d7 ,! ,securities & ,ex*ange ,commission4 7#e7 ,! ,dep>tm5t ( ,def5se4 7#f7 ,! ,dep>tm5t ( ,vet]ans ,affairs4 7#g7 ,! ,f$]al ,trade ,commission4 7#h7 ,! ,dep>tm5t ( ,labor4 7#i7 ,! ,int]nal ,rev5ue ,s]vice4 7#aj7 ,at ! discretion ( ! ,presid5t1 any o!r relevant ,f$]al ag5cy or dep>tm5t4 7b7 ,duties ,! ,committee %all h ! foll[+ duties3 7#a7 ,coord9ate ,f$]al ov]sight ( propriet>y in/itutions ( high] education to-- 7,a7 improve en=cem5t ( applicable ,f$]al laws & regulations2 7,b7 increase acc\ntability ( propriet>y in/itutions ( high] education to /ud5ts & taxpay]s2 & 7,c7 ensure ! promotion ( quality education programs4 7#b7 ,coord9ate ,f$]al activities to protect /ud5ts f unfair1 deceptive1 abusive1 une?ical1 fraudul5t1 or pr$atory practices1 policies1 or proc$ures ( propriet>y in/itutions ( high] education4 7#c7 ,enc\rage in=mation %>+ among ag5cies relat$ to ,f$]al inve/igations1 audits1 or inquiries ( propriet>y in/itutions ( high] education4 7#d7 ,increase coord9ation & coop]ation betwe5 ,f$]al & ,/ate ag5cies1 includ+ ,/ate ,attorneys ,g5]al & ,/ate approval ag5cies1 ) respect to improv+ ov]sight & acc\ntability ( propriet>y in/itutions ( high] education4 7#e7 ,develop be/ practices & consi/5cy among ,f$]al & ,/ate ag5cies 9 ! dissem9ation ( consum] in=mation reg>d+ propriet>y in/itutions ( high] education to ensure t /ud5ts1 p>5ts1 & o!r /akehold]s h easy access to su* in=mation4 7c7 ,memb]%ip 7#a7 ,designees ,= any designee describ$ 9 subsection 7a71 ! head ( ! memb] entity %all appo9t a high-level (ficial :o ex]cises significant decisionmak+ au?ority = ! ov]sight or inve/igatory activities & responsibilities relat$ to propriet>y in/itutions ( high] education ( ! respective ,f$]al entity ( su* head4 7#b7 ,*air ,! ,secret>y ( ,education or ! designee ( ! ,secret>y %all s]ve z ! ,*air ( ! ,committee4 7#c7 ,committee support ,! head ( ea* entity describ$ 9 subsection 7a7 %all ensure appropriate /aff & (ficials ( su* entity are available to support ! ,committee-relat$ "w ( su* entity4 #afh4 ,meet+s 7a7 ,committee meet+s ,! memb]s ( ! ,committee %all meet regul>ly1 b n less ?an once dur+ ea* qu>t] ( ea* fiscal ye>1 to c>ry out ! duties describ$ 9 section #afg7;b74 7b7 ,meet+s ) ,/ate ag5cies & /akehold]s ,! ,committee %all meet n less ?an once ea* fiscal ye>1 & %all o!rwise int]act regul>ly1 ) ,/ate ,attorneys ,g5]al1 ,/ate approval ag5cies1 vet]ans s]vice organizations1 & consum] advocates to c>ry out ! duties describ$ 9 section #afg7;b74 #afi4 ,report 7a7 ,9 g5]al ,! ,committee %all annually submit to ! au?oriz+ committees1 & any o!r committee ( ,congress t ! ,committee det]m9es appropriate1 a report on ! activities ( ! ,committee4 7b7 ,public access ,ea* report describ$ 9 subsection 7a7 %all be made available to ! public 9 a mann] t is easily accessible to p>5ts1 /ud5ts1 & o!r /akehold]s 9 accordance ) ! be/ practices develop$ "u section #afg7;b77#e74 7c7 ,cont5ts 7#a7 ,9 g5]al ,ea* report "u subsection 7a7 %all include-- 7,a7 an acc\nt+ ( any action tak5 by ! ,f$]al ,gov]nm5t1 any memb] entity ( ! ,committee1 or a ,/ate-- 7i7 to en=ce ,f$]al or ,/ate laws & regulations applicable to propriet>y in/itutions ( high] education2 7ii7 to hold propriet>y in/itutions ( high] education acc\ntable to /ud5ts & taxpay]s2 & 7iii7 to promote quality education programs2 7,b7 a summ>y ( compla9ts aga9/ ea* propriet>y in/itution ( high] education receiv$ by any memb] entity ( ! ,committee2 7,c7 ! data describ$ 9 p>agraph 7#b7 & any o!r data relevant to propriet>y in/itutions ( high] education t ! ,committee det]m9es appropriate2 & 7,d7 recomm5dations ( ! ,committee = su* legislative & adm9i/rative actions z ! ,committee det]m9es are necess>y to-- 7i7 improve en=cem5t ( applicable ,f$]al laws2 7ii7 increase acc\ntability ( propriet>y in/itutions ( high] education to /ud5ts & taxpay]s2 & 7iii7 ensure ! promotion ( quality education programs4 7#b7 ,data 7,a7 ,indu/ry-wide data ,ea* report "u subsection 7a7 %all include data on all propriet>y in/itutions ( high] education t consi/s ( in=mation reg>d+-- 7i7 ! total am\nt ( ,f$]al funds provid$ to propriet>y in/itutions ( high] education dur+ ! previ\s academic ye>2 7ii7 ! p]c5tage ( ! total am\nt ( ,f$]al funds provid$ to in/itutions ( high] education 7z def9$ 9 section #ajb7 = su* previ\s academic ye> t 7 provid$ to propriet>y in/itutions ( high] education = su* previ\s academic ye>2 7iii7 ! total am\nt ( ,f$]al funds t propriet>y in/itutions ( high] education disburs$ or deliv]$1 on behalf ( a /ud5t1 or to a /ud5t to be us$ to att5d an in/itution ( high] education1 = ! previ\s academic ye>1 disaggregat$ by-- 7,i7 educational assi/ance 9 ! =m ( a loan provid$ "u title ,,iv2 7,,ii7 educational assi/ance 9 ! =m ( a grant provid$ "u title ,,iv2 7,,iii7 educational assi/ance provid$ "u *apt] #cc ( title #ch1 ,unit$ ,/ates ,code2 7,,iv7 tuition assi/ance provid$ "u section #bjjg ( title #aj1 ,unit$ ,/ates ,code2 7,v7 assi/ance provid$ "u section #aghd;a ( title #aj1 ,unit$ ,/ates ,code2 & 7,,vi7 ,f$]al funds n describ$ 9 subclauses 7,i7 ?r\gh 7,v72 7iv7 ! p]c5tage ( ! total am\nt ( ,f$]al funds provid$ to in/itutions ( high] education 7z def9$ 9 section #ajb7 = su* previ\s academic ye> = ea* ( ! programs describ$ 9 subclauses 7,i7 ?r\gh 7,v7 ( clause 7iii7 t 7 provid$ to propriet>y in/itutions ( high] education = su* previ\s academic ye> = ea* ( su* programs2 7v7 ! av]age ret5tion & graduation rates = /ud5ts pursu+ a degree at propriet>y in/itutions ( high] education2 7vi7 ! av]age cohort default rate 7z def9$ 9 section #dce7m77 = propriet>y in/itutions ( high] education1 & an annual li/ ( cohort default rates 7z def9$ 9 su* section7 = all propriet>y in/itutions ( high] education2 7vii7 = c>e]s requir+ ! passage ( a lic5s+ exam9ation-- 7,i7 ! passage rate ( individuals :o att5d$ a propriet>y in/itution ( high] education tak+ su* exam9ation to pursue su* a c>e]2 & 7,,ii7 ! passage rate ( all individuals tak+ su* exam to pursue su* a c>e]2 & 7viii7 ! use ( private education loans at propriet>y in/itutions ( high] education t includes-- 7,i7 an e/imate ( ! total numb] ( su* loans2 & 7,,ii7 in=mation on ! av]age debt1 default rate1 & int]e/ rate ( su* loans4 7,b7 ,data on publicly trad$ corporations 7i7 ,9 g5]al ,ea* report "u subsection #i7;a7 %all include data on propriet>y in/itutions ( high] education t are publicly trad$ corporations1 consi/+ ( in=mation on-- 7,i7 any pre-tax pr(it ( su* propriet>y in/itutions ( high] education-- 7aa7 report$ z a total am\nt & an av]age p]c5tage ( rev5ue = all su* propriet>y in/itutions ( high] education2 & 7bb7 report$ = ea* su* propriet>y in/itution ( high] education2 7,,ii7 rev5ue = su* propriet>y in/itutions ( high] education sp5t on recruit+ & m>ket+ activities1 /ud5t in/ruction1 & /ud5t support s]vices1 report$-- 7aa7 z a total am\nt & an av]age p]c5tage ( rev5ue = all su* propriet>y in/itutions ( high] education2 & 7bb7 = ea* su* propriet>y in/itution ( high] education2 7,,iii7 total comp5sation packages ( ! executive (fic]s ( ea* su* propriet>y in/itution ( high] education2 & 7,,iv7 a li/ ( in/itutional loan programs (f]$ by ea* su* propriet>y in/itution ( high] education t includes in=mation on ! default & int]e/ rates ( su* programs4 7ii7 ,disaggregat$ by own]%ip ,ea* report "u subsection 7a7 %all include data on propriet>y in/itutions ( high] education t are publicly trad$ corporations1 disaggregat$ by corporate or p>5t entity1 br& "n1 & campus1 consi/+ (-- 7,i7 ! total co/ ( att5dance = ea* program at ea* su* propriet>y in/itution ( high] education1 & in=mation comp>+ su* total co/ = ea* su* program to-- 7aa7 ! av]age co/ ( att5dance = ea* program at public in/itutions ( high] education2 & 7bb7 ! av]age total co/ ( att5dance = ea* program at all nonpr(it in/itutions ( high] education2 7,,ii7 total enrollm5t1 disaggregat$ by-- 7aa7 individuals enroll$ 9 programs tak5 onl9e2 & 7bb7 individuals enroll$ 9 programs t are n tak5 onl9e2 7,,iii7 ! av]age ret5tion & graduation rates = /ud5ts pursu+ a degree at su* propriet>y in/itutions ( high] education2 7,,iv7 ! p]c5tage ( /ud5ts enroll$ 9 su* propriet>y in/itutions ( high] education :o complete a program ( su* an in/itution )9-- 7aa7 ! /&>d p]iod ( completion = su* program2 & 7bb7 a p]iod t is #aej p]c5t ( su* /&>d p]iod ( completion2 7,v7 ! total co/ ( att5dance = ea* program at su* propriet>y in/itutions ( high] education2 7,,vi7 ! av]age cohort default rate1 z def9$ 9 section #dce7m71 = su* propriet>y in/itutions ( high] education1 & an annual li/ ( cohort default rates 7z def9$ 9 su* section7 = all propriet>y in/itutions ( high] education2 7,,vii7 ! m$ian educational debt incurr$ by /ud5ts :o complete a program at su* a propriet>y in/itution ( high] education2 7,,viii7 ! m$ian educational debt incurr$ by /ud5ts :o />t b d n complete a program at su* a propriet>y in/itution ( high] education2 7,,ix7 ! job placem5t rate = /ud5ts :o complete a program at su* a propriet>y in/itution ( high] education & ! type ( employm5t obta9$ by su* /ud5ts2 7,x7 = c>e]s requir+ ! passage ( a lic5s+ exam9ation1 ! rate ( individuals :o att5d$ su* a propriet>y in/itution ( high] education & pass$ su* an exam9ation2 & 7,,xi7 ! numb] ( compla9ts f /ud5ts enroll$ 9 su* propriet>y in/itutions ( high] education :o h submitt$ a compla9t to any memb] entity ( ! ,committee4 7iii7 ,dep>tm5t ( ,def5se & ,vet]ans ,affairs assi/ance 7,i7 ,9 g5]al ,to ! ext5t practicable1 ea* report "u subsection 7a7 %all provide in=mation on ! data describ$ 9 clause 7ii7 = individuals us+1 to pay = ! co/s ( att5d+ su* a propriet>y in/itution ( high] education1 ,f$]al funds provid$ "u title #aj1 ,unit$ ,/ates ,code1 or title #ch1 ,unit$ ,/ates ,code4 7,,ii7 ,rev5ue ,ea* report "u subsection 7a7 %all provide in=mation on ! rev5ue ( propriet>y in/itutions ( high] education t are publicly trad$ corporations t is d]iv$ f ! ,f$]al funds describ$ 9 subclause 7,i74 7,c7 ,comp>ison data ,to ! ext5t practicable1 ea* report "u subsection 7a7 %all provide in=mation comp>+ ! data describ$ 9 subp>agraph 7,b7 = propriet>y in/itutions ( high] education t are publicly trad$ corporations ) su* data = public in/itutions ( high] education disaggregated by ,/ate4 7#c7 ,acc\nt+ ( any action ,= ! purposes ( p>agraph 7#a77;,a71 ! t]m any action %all include-- 7,a7 a compla9t fil$ by a ,f$]al or ,/ate ag5cy 9 a ,f$]al1 ,/ate1 local1 or tribal c\rt2 7,b7 an adm9i/rative proce$+ by a ,f$]al or ,/ate ag5cy involv+ noncompliance ( any applicable law or regulation2 or 7,c7 any o!r review1 audit1 or adm9i/rative process by any ,f$]al or ,/ate ag5cy t results 9 a p5alty1 susp5sion1 or t]m9ation f any ,f$]al or ,/ate program4 #agj4 ,w>n+ li/ = p>5ts & /ud5ts 7a7 ,9 g5]al ,ea* academic ye>1 ! ,committee %all publi% a li/ to be kn[n z ! ,w>n+ ,li/ = ,p>5ts & ,/ud5ts to be compris$ ( propriet>y in/itutions ( high] education-- 7#a7 t h engag$ 9 illegal activity dur+ ! previ\s academic ye> z det]m9$ by a ,f$]al or ,/ate c\rt2 7#b7 t h ent]$ into a settlem5t result+ 9 a monet>y paym5t = an unfair1 deceptive1 abusive1 une?ical1 fraudul5t1 or pr$atory practice1 policy1 or proc$ure2 7#c7 t h _h any high] education program )drawn or susp5d$2 or 7#d7 = :i* ! ,committee has suffici5t evid5ce ( widespread or sy/emic unfair1 deceptive1 abusive1 une?ical1 fraudul5t1 or pr$atory practices1 policies1 or proc$ures t pose a ?reat to ! academic success1 f9ancial security1 or g5]al be/ int]e/ ( /ud5ts4 7b7 ,det]m9ations ,9 mak+ a det]m9ation pursuant to subsection 7a77#d71 ! ,committee may consid] evid5ce t includes ! foll[+3 7#a7 ,any consum] compla9t collect$ by any memb] entity ( ! ,committee4 7#b7 ,any compla9t fil$ by a ,f$]al or ,/ate ag5cy 9 a ,f$]al1 ,/ate1 local1 or tribal c\rt4 7#c7 ,any adm9i/rative proce$+ by a ,f$]al or ,/ate ag5cy involv+ noncompliance ( any applicable law or regulation4 7#d7 ,any o!r review1 audit1 or adm9i/rative process by any ,f$]al or ,/ate ag5cy t results 9 a p5alty1 susp5sion1 or t]m9ation f any ,f$]al or ,/ate program4 7#e7 ,data or in=mation submitt$ by a propriet>y in/itution ( high] education to any accr$it+ ag5cy or association recogniz$ by ! ,secret>y ( ,education pursuant to section #dif or ! f9d+s or adv]se actions ( any su* accr$it+ ag5cy or association4 7#f7 ,in=mation submitt$ by a propriet>y in/itution ( high] education to any memb] entity ( ! ,committee4 7#g7 ,any o!r evid5ce t ! ,committee det]m9es relevant 9 mak+ a det]m9ation pursuant to subsection 7a77#d74 7c7 ,publication 7#a7 ,9 g5]al ,n lat] ?an ,july #a ( ea* fiscal ye>1 ! ,committee %all publi% ! li/ describ$ 9 subsection 7a7 prom95tly & 9 a mann] t is easily accessible to p>5ts1 /ud5ts1 & o!r /akehold]s 9 accordance ) any be/ practices develop$ "u section #afg7;b77#e74 7#b7 ,notice ( self report+ ,9 publi%+ ! li/ 9 accordance ) p>agraph 7#a71 ! ,committee %all note ea* in/itution t is includ$ on ! li/ due to an act describ$ 9 subsection 7a7 t 0 report$ by su* in/itution4 4 #h4 ,improv$ det]m9ation ( cohort default rates2 publication ( default prev5tion plan ,section #dce ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhe7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 p>agraph 7#b71 by add+ at ! end ! foll[+ new subp>agraph3 7,d7 ,9 any case :]e ! ,secret>y has det]m9$ t ! in/itution has engag$ 9 default manipulation1 ! ,secret>y-- 7i7 %all recalculate ! cohort default rate = ! in/itution "u ?is section us+ correct$ data & in=mation1 = all fiscal ye>s = :i* ! default manipulation has occurr$2 & 7ii7 us+ ! recalculat$ cohort default rate1 %all r$et]m9e "u subsection 7a77#b7 :e!r ! in/itution is ineligible to p>ticipate 9 a program "u ?is title4 2 & 7,b7 9 p>agraph 7#g77;,a71 by add+ at ! end ! foll[+ new clause3 7iii7 ,summ>y ( default prev5tion plan ,^u receiv+ te*nical assi/ance f ! ,secret>y "u clause 7ii71 ea* in/itution subject to ?is subp>agraph %all-- 7,i7 prep>e a summ>y ( ! plan describ$ "u clause 7i7 t is direct$ to a /ud5t audi5ce2 7,,ii7 make ! summ>y publicly available2 & 7,,iii7 provide ! summ>y to /ud5ts at ! in/itution4 2 & 7#b7 9 subsection 7m77#c71 by /rik+ ?r\gh ! use ( & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ ?r\gh default manipulation4 #i4 ,am5dm5ts to t]ms & conditions ( borr[] def5ses ,section #dee7;h7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhg;e7h77 is am5d$ to read z foll[s3 7h7 ,borr[] ,def5ses 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( ,/ate or ,f$]al law1 a def5se to repaym5t ( a loan "u ?is title includes-- 7,a7 a sub/antial misrepres5tation "u section #dhg7;c77#c72 7,b7 an act or omission t w\ld give rise to a cause ( action aga9/ ! s*ool "u applicable ,/ate law2 or 7,c7 su* fur!r acts or omissions t ! ,secret>y det]m9es appropriate4 7#b7 ,proc$ures 7,a7 ,9 g5]al ,! ,secret>y %all1 ) respect to a borr[] def5se "u ?is subsection-- 7i7 det]m9e ! entitlem5t ( a borr[] to relief bas$ on all evid5ce available to ! ,dep>tm5t2 & 7ii7 provide an exp$iti\s & fair process to consid] applications provid$ by individuals1 gr\ps1 & repres5tatives on behalf ( gr\ps4 7,b7 ,indep5d5t det]m9ation ,a det]m9ation "u subp>agraph 7,a77i7 %all be indep5d5t ( any action t ! ,dep>tm5t may take to rec\p f ! s*ool relat$ to ! borr[] def5se4 7,c7 ,cancellation ( debt ,if ! ,secret>y det]m9es "u subp>agraph 7,a77i7 t a borr[] is entitl$ to relief1 ! ,secret>y %all cancel all out/&+ debt1 & return any paym5ts made on ! loans ( su* borr[]4 7#c7 ,regulations ,! ,secret>y %all specify 9 regulations :i* acts or omissions ( an in/itution ( high] education a borr[] may ass]t z a def5se to repaym5t ( a loan made "u ?is "p1 except t 9 no ev5t may a borr[] recov] f ! ,secret>y1 9 any action aris+ f or relat+ to a loan made "u ?is "p1 an am\nt 9 excess ( ! am\nt su* borr[] has repaid on su* loan4 4 #aj4 ,improv$ /ud5t loan s]vic+ & debt collection practices ,section #def ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhg;f7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7c7 ,no pr$ispute arbitration clauses ,a contract ent]$ into "u ?is section = ! s]vic+ ( loans made or pur*as$ "u ?is "p %all include a provision t any rights & rem$ies available to borr[]s aga9/ ! s]vic] may n be waiv$ by any agreem5t1 policy1 or =m1 includ+ by a pr$ispute arbitration agreem5t4 4 #aa4 ,improv$ disclosures1 c\nsel+1 & f9ancial assi/ance in=mation = /ud5ts ,section #dhe7l7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajib7l77 is am5d$-- 7#a7 by /rik+ p>agraph 7#a7 & ins]t+ ! foll[+ new p>agraph3 7#a7 ,disclosure requir$ prior to sign+ ma/] promissory note ,ea* eligible in/itution %all1 prior to obta9+ or arrang+ execution ( a ma/] promissory note = a loan "u "p ,d 7o!r ?an a ,f$]al ,direct ,consolidation ,loan7 by a fir/-"t borr[] at su* in/itution1 ensure t ! borr[] receives compreh5sive in=mation on ! t]ms & conditions ( ! loan & ( ! responsibilities ! borr[] has ) respect to su* loan 9 accordance ) p>agraph 7#b74 ,su* in=mation-- 7,a7 %all be provid$ ?r\gh ! use ( int]active programs t include me*anisms to *eck ! borr[]'s compreh5sion ( ! t]ms & conditions ( ! borr[]'s loans "u "p ,d1 us+ simple & und]/&able language & cle> =matt+2 & 7,b7 %all be provid$-- 7i7 dur+ an entrance c\nsel+ session conduct$ 9 p]son2 or 7ii7 onl9e4 2 & 7#b7 9 p>agraph 7#b71 by add+ at ! end ! foll[+ new subp>agraph3 7,l7 ,in=mation relat+ to ! in/itution's cohort default rate1 includ+-- 7i7 ! cohort default rate1 z def9$ 9 section #dce7m71 ( ! in/itution2 7ii7 an easy to und]/& explanation ( ! cohort default rate2 7iii7 ! p]c5tage ( /ud5ts at ! in/itution ( high] education :o borr[ ,f$]al /ud5t loans "u ?is title2 7iv7 ! national av]age cohort default rate 7z det]m9$ by ! ,secret>y 9 accordance ) section #dce7m772 7v7 9 ! case ( an in/itution ) a cohort default rate t is great] ?an ! national av]age cohort default rate 7z describ$ 9 clause 7iv771 a disclosure to ! /ud5t t ! in/itution's cohort default rate is above ! national av]age2 & 7vi7 9 ! case ( an in/itution ) a cohort default rate t is great] ?an #cj p]c5t1 a disclosure to ! /ud5ts t if ! cohort default rate rema9s great] ?an #cj p]c5t = ! #c consecutive ye>s-- 7,i7 ! in/itution w lose in/itutional eligibility = ! purposes ( programs au?oriz$ "u ?is title2 & 7,,ii7 ! /ud5t w no long] be able to receive ,f$]al f9ancial aid at t in/itution4 4 #ab4 ,program p>ticipation agreem5ts 7a7 ,s5se ( ,congress reg>d+ inc5tive comp5sation ,x is ! s5se ( ,congress t-- 7#a7 inc5tive comp5sation is an inappropriate me*anism 9 ! deliv]y ( high] education = in/itutions ( high] education wi%+ to p>ticipate 9 programs "u title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja et seq472 & 7#b7 ! ban on inc5tive comp5sation "u section #dhg7;a77#bj7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajid7;a77#bj771 z am5d$ by subsection 7b71 is int5d$ to preclude its use by in/itutions wi%+ to p>ticipate 9 su* programs1 at any po9t 9 ! recruitm5t1 enrollm5t1 education1 or employm5t placem5t ( /ud5ts4 7b7 ,am5dm5ts ,section #dhg ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajid7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 p>agraph 7#ai71 by ins]t+ h\s+ facilities1 aft] libr>ies12 7,b7 by /rik+ p>agraph 7#bj7 & ins]t+ ! foll[+3 7#bj7 7,a7 ,! in/itution or any ?ird p>ty act+ on ! in/itution's behalf1 includ+ an in/itution affiliate or s]vice provid] to ! in/itution1 w n provide any commission1 bonus1 or o!r inc5tive paym5t to any p]son or entity at any phase ( ! academic process bas$ directly or indirectly on success 9-- 7i7 secur+ enrollm5ts or secur+ or aw>d+ f9ancial aid2 7ii7 p]=mance 9 educational c\rsework2 7iii7 graduation2 7iv7 job placem5t2 or 7v7 any o!r academic facet ( a /ud5t's enrollm5t 9 an in/itution ( high] education4 7,b7 ,! requirem5ts ( subp>agraph 7,a7 %all n apply to ! recruitm5t ( =eign /ud5ts resid+ 9 =eign c\ntries :o are n eligible to receive ,f$]al /ud5t assi/ance4 2 & 7,c7 by add+ at ! end ! foll[+ new p>agraphs3 7#cj7 7,a7 ,! in/itution-- 7i7 %all n include a pr$ispute arbitration agreem5t 9 any contract ) a /ud5t or prospective /ud5t = enrollm5t at ! in/itution2 & 7ii7 %all agree t1 9 any case :]e a contract = enrollm5t at ! in/itution ent]$ into by a /ud5t be=e ! date ( enactm5t ( ! ,protections & ,regulation = ,our ,/ud5ts ,act includ$ a pr$ispute arbitration agreem5t1 su* agreem5t %all be invalid & un5=ceable by ! in/itution4 7,b7 ,9 ?is p>agraph1 ! t]m pr$ispute arbitration agreem5t means any agreem5t to arbitrate a dispute t _h n yet aris5 at ! "t ( ! mak+ ( ! agreem5t4 7#ca7 7,a7 ,if ! in/itution has a /ud5t default risk = a fiscal ye>1 z calculat$ by ! ,secret>y1 ( #j4a or great]1 ! in/itution w1 = su* ye>-- 7i7 provide an individual accept$ = enrollm5t at ! in/itution ) a wait+ p]iod1 beg9n+ on ! date t ! individual receives notification ( ! acceptance & la/+ = n less ?an #b weeks1 be=e ! individual is requir$ to enroll 9 ! in/itution1 pay tuition *>ges1 or sign a ma/] promissory note = a loan "u ?is title1 9 ord] to give ! individual "t to consid]1 & comp>e among po/second>y options1 program co/s at ! in/itution & employm5t prospects ^u completion ( a program ( /udy2 7ii7 ensure t ! receipt ( f9ancial aid1 inc5tives1 or o!r b5efits is n made cont+5t on an individual confirm+ enrollm5t be=e ! end ( ! individual's wait+ p]iod2 7iii7 in=m ! individual1 9 writ+ & 9 a mann] det]m9$ by ! ,secret>y at ! "t ( ! acceptance notification1 (-- 7,i7 ! individual's "r to ! #b-week wait+ p]iod "u clause 7i7 beg9n+ on ! date t ! individual receives notification ( ! acceptance2 & 7,,ii7 ! reason :y ! in/itution is requir$ to provide su* wait+ p]iod2 7iv7 notify an individual accept$ = enrollm5t at ! in/itution ( all f9ancial aid det]m9ations by n less ?an #a week be=e ! enrollm5t confirmation deadl9e1 if all reque/$ application =ms are receiv$ f ! individual on "t2 & 7v7 disclose to an individual accept$ = enrollm5t1 9 a mann] det]m9$ by ! ,secret>y1 t ! individual may file a compla9t ?r\gh ! compla9t track+ sy/em e/abli%$ "u section #afa if ! individual believes t ! in/itution has violat$ any provision ( ?is p>agraph4 7,b7 ,if an in/itution describ$ 9 subp>agraph 7,a7 fails to meet ! requirem5ts ( ?is p>agraph1 ! in/itution %all be subject to a civil p5alty 9 accordance ) section #dhi;,a4 7,c7 ,not)/&+ subp>agraph 7,a71 ! ,secret>y may1 aft] provid+ notice & an opportunity to comm5t1 elect to replace ! use ( ! /ud5t default risk p]c5tage ?re%old e/abli%$ "u subp>agraph 7,a7 ) a loan repaym5t rate ?re%old calculat$ 9 accordance ) section #dhc;,d7b74 2 & 7#b7 9 subsection 7c77#a77;,a77i71 by /rik+ available & ins]t+ made publicly available & provid$4 #ac4 ,improv$ disclosures = cl9ical tra9+ programs ,section #dhe ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajib7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7n7 ,reports relat+ to cl9ical tra9+ programs 7#a7 ,report on cl9ical tra9+ program agreem5ts 7,a7 ,9 ,g5]al ,beg9n+ 9 ! ye> 9 :i* ! ,protections & ,regulation = ,our ,/ud5ts ,act is enact$1 an eligible in/itution t p>ticipates 9 any program "u ?is title %all prep>e & submit a report to ! ,secret>y conta9+ ! in=mation describ$ 9 subp>agraph 7,c71 = e ye> 9 :i* ! eligible in/itution has an agreem5t ) a hospital or heal? facility1 ?r\gh :i*-- 7i7 ! eligible in/itution agrees to provide fund+ or o!r b5efits to ! hospital or heal? facility2 & 7ii7 t hospital or heal? facility provides opportunities = /ud5ts at ! in/itution to p>ticipate 9 a cl9ical tra9+ program4 7,b7 ,tim+ ,foll[+ ! ye> 9 :i* ! ,protections & ,regulation = ,our ,/ud5ts ,act is enact$1 ! report describ$ 9 ?is p>agraph %all be submitt$ n m ?an #cj days aft] ! end ( any ye> = :i* a report is requir$ to comply ) subp>agraph 7,a74 7,c7 ,cont5ts ( ,report ,! report describ$ 9 ?is p>agraph %all include ! foll[+3 7i7 ,! am\nt ( any paym5ts f ! in/itution ( high] education to a hospital or heal? facility dur+ ! p]iod cov]$ by ! report1 & ! precise t]ms ( any agreem5t "u :i* su* am\nts are det]m9$4 7ii7 ,any conditions associat$ ) ! transf] ( money or ! provision ( cl9ical tra9+ program opportunities t are "p ( ! agreem5t describ$ 9 subp>agraph 7,a74 7iii7 ,any memor&um ( und]/&+ betwe5 ! in/itution ( high] education1 or an alumni association or f\ndation affiliat$ ) or relat$ to su* in/itution1 & a hospital or heal? facility1 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* entities4 7iv7 ,= ea* hospital or heal? facility t has an agreem5t describ$ 9 subp>agraph 7,a7 ) ! in/itution1 ! numb] ( cl9ical tra9+ positions at ! hospital or heal? facility t are res]v$ = /ud5ts at t in/itution4 7#b7 ,report on *>itable donations 7,a7 ,9 ,g5]al ,beg9n+ 9 ! ye> 9 :i* ! ,protections & ,regulation = ,our ,/ud5ts ,act is enact$1 & annually !reaft]1 an eligible in/itution %all prep>e & submit to ! ,secret>y a report conta9+ ! in=mation describ$ 9 subp>agraph 7,c7 if-- 7i7 ! eligible in/itution made a *>itable donation to a hospital or heal? facility 9 any ( ! previ\s #c ye>s2 & 7ii7 ! numb] ( /ud5ts f ! eligible in/itution :o p>ticipate 9 any cl9ical tra9+ program at ! hospital or heal? facility :]e su* a donation 0 made increases by m ?an #e /ud5ts or #aj p]c5t1 :i*ev] is less1 z comp>$ to ! numb] ( su* /ud5ts :o p>ticipat$ 9 a cl9ical tra9+ program at t hospital or heal? facility dur+ ! fir/ ye> 9 ! previ\s #c-ye> p]iod4 7,b7 ,tim+ ,foll[+ ! ye> 9 :i* ! ,protections & ,regulation = ,our ,/ud5ts ,act is enact$1 ! report describ$ 9 subp>agraph 7,a7 %all be submitt$ n m ?an #cj days aft] ! end ( any ye> = :i* a report is requir$ to comply ) subp>agraph 7,a74 7,c7 ,cont5ts ( ,report ,! report describ$ 9 ?is p>agraph %all include ! foll[+3 7i7 ,! am\nt ( ea* *>itable donation t 0 made 9 ! previ\s #c-ye> p]iod by ! eligible in/itution to a hospital or heal? facility4 7ii7 ,! numb] ( /ud5ts f ! eligible in/itution :o p>ticipate 9 any cl9ical tra9+ program at ! hospital or heal? facility :]e ea* su* donation 0 made-- 7,i7 dur+ ! ye> 9 :i* ! report is submitt$2 & 7,,ii7 dur+ ! fir/ ye> 9 ! previ\s #c-ye> p]iod cov]$ by ! report4 7#c7 ,aggregation by in/itution ,! in=mation requir$ to be report$ 9 ?is subsection %all include1 & %all be aggregat$ ) respect to1 ea* in/itution ( high] education & ea* alumni association or f\ndation affiliat$ ) or relat$ to su* in/itution4 ,= any ye> 9 :i* an in/itution is requir$ to submit a report describ$ "u p>agraph 7#a7 & a report describ$ "u p>agraph 7#b71 ! in/itution may submit a s+le report = t ye> conta9+ all ( ! in=mation requir$ "u p>agraphs 7#a7 & 7#b74 7#d7 ,report to ,congress ,! ,secret>y1 9 conjunction ) ! ,secret>y ( ,heal? & ,human ,s]vices1 %all submit to ,congress1 & make available to ! public1 an annual report t li/s ! reports submitt$ to ! ,secret>y by ea* in/itution ( high] education 9 accordance ) ?is subsection4 7#e7 ,public disclosure ,ea* eligible in/itution describ$ 9 p>agraph 7#a7 or 7#b7 ( ?is subsection %all make readily available ! reports describ$ 9 su* p>agraph 7z applicable71 ?r\gh appropriate publications1 mail+s1 & electronic m$ia to ! g5]al public4 7#f7 ,def9itions ,9 ?is subsection3 7,a7 ,cl9ical tra9+ program ,! t]m cl9ical tra9+ program means any program at1 or associat$ or affiliat$ )1 a hospital or heal? facility 7or any ( a hospital's affiliates or heal? facility's affiliates71 ! completion ( :i* fulfills a requirem5t t is necess>y to receive a lic5se1 c]tificate1 specializ$ accr$itation1 or o!r academically relat$ pre-condition necess>y "u ,f$]al or ,/ate law = a heal? pr(ession4 7,b7 ,heal? facility ,! t]m heal? facility has ! mean+ giv5 t t]m 9 section #hjd7;d74 7,c7 ,hospital ,! t]m hospital has ! mean+ giv5 t t]m 9 section #ahfa ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciex74 4 #ad4 ,civil p5alties ,"p ,g ( title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajhh et seq47 is am5d$ by ins]t+ aft] section #dhi ! foll[+ new section3 #dhi;,a4 ,civil p5alties & o!r rem$ies 7a7 ,sanctions = sub/antial misrepres5tations or s]i\s violations 7#a7 ,civil ,p5alties ,! ,secret>y may impose a civil p5alty ^u an eligible in/itution ^u mak+ a det]m9ation1 aft] reasonable notice & opportunity = a he>+1 t an eligible in/itution has engag$ 9 a sub/antial misrepres5tation or o!r s]i\s violation4 7#b7 ,am\nt ( civil p5alties ,a civil p5alty impos$ = a violation "u subp>agraph 7,a7 %all be n less ?an #ajj1jjj or-- 7,a7 9 ! case ( a fir/ violation1 an am\nt equal to ! product ( #a1jjj1jjj multipli$ by ! in/itution's /ud5t default risk1 :i*ev] is l>g]2 7,b7 9 ! case ( a second violation1 an am\nt equal to ! product ( #b1jjj1jjj multipli$ by ! in/itution's /ud5t default risk1 :i*ev] is l>g]2 & 7,c7 9 ! case ( a ?ird or subsequ5t violation1 an am\nt equal to ! product ( #c1jjj1jjj multipli$ by ! in/itution's /ud5t default risk1 :i*ev] is l>g]4 7#c7 ,treatm5t ( multiple in/itutions ,= ! purpose ( det]m9+ ! numb] ( violations = subp>agraph 7,b71 any violation by a p>ticul> in/itution w accrue aga9/ all id5tification codes us$ by ! ,(fice ( ,po/second>y ,education to designate campuses & in/itutions affiliat$ ) ! in/itution1 & )9 ! p]iod ( p>ticipation = ! in/itution1 z def9$ 9 section #ffh4ac7;b7 ( title #cd1 ,code ( ,f$]al ,regulations1 or any successor regulation4 7b7 ,sanctions = o!r violations ( ?is title ,^u det]m9ation1 aft] reasonable notice & opportunity = a he>+1 t an eligible in/itution has engag$ 9 a violation ( any o!r provision ( ?is title1 includ+ ! failure to c>ry out any provision ( ?is title1 t is n a significant misrepres5tation or o!r s]i\s violation1 ! ,secret>y may impose a civil p5alty ^u su* in/itution ( n m ?an #ajj1jjj 7subject to su* adju/m5ts = inflation z ! ,secret>y may prescribe by regulation7 = ea* su* violation4 7c7 ,civil p5alties & sanctions = (fic]s ( in/itutions ,^u det]m9ation1 aft] reasonable notice & an opportunity = a he>+ on ! record1 t an (fic] ( an in/itution ( high] education t p>ticipates 9 a program "u ?is title has kn[+ly & willfully1 or ) gross neglig5ce1 violat$ a provision ( ?is title1 ! ,secret>y may sanction ! (fic]4 ,su* sanctions may include ! foll[+3 7#a7 ,prohibit+ ! in/itution ( high] education t has employ$ ! (fic] ( an in/itution ( high] education & t p>ticipates 9 a program "u ?is title1 or any o!r in/itution ( high] education t p>ticipates 9 a program "u ?is title1 f employ+ ! (fic]1 except t any su* prohibition "u ?is subsection %all n be = a p]iod ( m ?an #e ye>s f ! date ( ! det]m9ation ( ! violation4 7#b7 ,assess+ a civil p5alty aga9/ an (fic] ( an in/itution ( high] education :o has kn[+ly & willfully1 or ) gross neglig5ce1 violat$ a provision ( ?is title1 except t any su* civil p5alty "u ?is subsection %all n be great] ?an ! am\nt ( ! (fic]'s comp5sation = ea* ye> = :i* ! violations are det]m9$ to h occurr$4 ,= purposes ( ?is subp>agraph1 an (fic]'s comp5sation %all include proce$s ( any sales ( /ock & any inc5tive-bas$ comp5sation 7includ+ /ock options aw>d$ z comp5sation7 bas$ on in=mation requir$ to be report$ to ! ,secret>y or any o!r ,f$]al ag5cy dur+ ! p]iod 9 :i* ! violations are det]m9$ to h occurr$4 7d7 ,limitation1 susp5sion1 or t]m9ation ( eligibility /atus 7#a7 ,9 g5]al ,^u det]m9ation1 aft] reasonable notice & opportunity = a he>+1 t an eligible in/itution has engag$ 9 a violation ( any provision ( ?is title 7includ+ ! failure to c>ry out any provision ( ?is title or any regulation prescrib$ "u su* provision7 or a violation ( any applicable special arrangem5t1 agreem5t1 or limitation1 ! ,secret>y may limit1 susp5d1 or t]m9ate ! p>ticipation 9 any program "u ?is title ( an eligible in/itution1 subject to ! requirem5ts ( p>agraph 7#b74 7#b7 ,susp5sion proc$ures ,no p]iod ( susp5sion "u ?is section %all exce$ #fj days unless ! in/itution & ! ,secret>y agree to an ext5sion or unless limitation or t]m9ation proce$+s are initiat$ by ! ,secret>y )9 t p]iod ( "t4 7e7 ,em]g5cy action 7#a7 ,9 g5]al ,! ,secret>y may take an em]g5cy action aga9/ an in/itution1 "u :i* ! ,secret>y %all1 effective on ! date on :i* a notice & /atem5t ( ! basis ( ! action is mail$ to ! in/itution 7by regi/]$ mail1 return receipt reque/$71 )hold funds f ! in/itution or its /ud5ts & )draw ! in/itution's au?ority to obligate funds "u any program "u ?is title1 if ! ,secret>y-- 7,a7 receives in=mation1 det]m9$ by ! ,secret>y to be reliable1 t ! in/itution is violat+ any provision ( ?is title1 any regulation prescrib$ "u ?is title1 or any applicable special arrangem5t1 agreem5t1 or limitation2 7,b7 det]m9es t imm$iate action is necess>y to prev5t misuse ( ,f$]al funds2 & 7,c7 det]m9es t ! likelihood ( loss outweighs ! importance ( ! proc$ures prescrib$ 9 subsection 7e7 = limitation1 susp5sion1 or t]m9ation4 7#b7 ,"t limitation ,an em]g5cy action describ$ 9 p>agraph 7#a7 %all n exce$ #cj days unless limitation1 susp5sion1 or t]m9ation proce$+s are initiat$ by ! ,secret>y aga9/ ! in/itution )9 t p]iod ( "t4 7#c7 ,opportunity to %[ cause ,! ,secret>y %all provide an in/itution t is ! subject ( an em]g5cy action "u ?is subsection an opportunity to %[ cause1 if ! in/itution s reque/s1 t ! em]g5cy action is unw>rant$ & %\ld be lift$4 7f7 ,lift+ ( sanctions ,not)/&+ any o!r provision ( ?is title1 an in/itution ( high] education t has be5 sanction$ by ! ,secret>y "u ?is section or any o!r provision ( ?is title may n h su* sanctions lift$ until ! ,secret>y has conduct$ a subsequ5t program review "u section #dih;,a & has f\nd ! in/itution to be 9 compliance ) ?is title4 7g7 ,s+le c\rse ( conduct2 compromise au?ority & collection ( p5alty 7#a7 ,same c\rse ( conduct ,= purposes ( ?is section1 acts & omissions relat+ to a s+le c\rse ( conduct %all be treat$ z a s+le violation4 7#b7 ,compromise au?ority ,any civil p5alty "u ?is section may be compromis$ 7b n elim9at$7 by ! ,secret>y4 ,9 det]m9+ ! am\nt ( su* p5alty1 or ! am\nt agre$ ^u 9 compromise1 ! ,secret>y %all consid]-- 7,a7 ! appropriat5ess ( ! p5alty to ! size ( ! in/itution ( high] education subject to ! det]m9ation2 & 7,b7 ! gravity ( ! violation1 failure1 or misrepres5tation4 7h7 ,collection ( p5alty ,! am\nt ( any p5alty "u ?is section may be d$uct$ f any sums ow+ by ! ,unit$ ,/ates to ! in/itution *>g$4 7i7 ,disposition ( am\nts recov]$ 7#a7 ,9 g5]al ,am\nts collect$ "u ?is section %all be transf]r$ to ! ,secret>y1 :o %all det]m9e ! di/ribution ( collect$ am\nts1 9 accordance ) p>agraphs 7#b7 & 7#c74 7#b7 ,use = program integrity ef=ts & program reviews 7,a7 ,9 g5]al ,= ea* fiscal ye>1 an am\nt equal to n m ?an #ej p]c5t ( ! am\nts recov]$ or collect$ "u ?is section-- 7i7 %all be available to ! ,secret>y to c>ry out program reviews "u section #dih;,a & o!r ef=ts by ! ,secret>y relat$ to program integrity "u "p ,h2 & 7ii7 may be cr$it$1 if applicable1 = t purpose by ! ,secret>y to any appropriations & funds t are available to ! ,secret>y = obligation at ! "t ( collection4 7,b7 ,supplem5t n supplant ,am\nts made available "u subp>agraph 7,a7 %all be us$ to supplem5t & n supplant any o!r am\nts available to ! ,secret>y = ! purpose describ$ 9 su* subp>agraph4 7,c7 ,availability = funds ,any am\nts collect$ "u ?is section t are made available "u p>agraph 7#b7 %all rema9 available until exp5d$4 7#c7 ,use = /ud5t relief fund ,= ea* fiscal ye>1 an am\nt equal to n less ?an #ej p]c5t ( ! am\nts recov]$ or collect$ "u ?is section %all be deposit$ into ! ,/ud5t ,relief ,fund e/abli%$ "u subsection 7k74 7#d7 ,report ,! ,secret>y %all regul>ly publi%1 on ! website ( ! ,dep>tm5t1 a detail$ description t includes-- 7,a7 ! am\nt ( funds t 7 di/ribut$ = ! purposes describ$ 9 p>agraph 7#b7 & ! am\nt us$ = ! ,/ud5t ,relief ,fund "u p>agraph 7#c72 & 7,b7 h[ funds 7 di/ribut$ among ! purposes describ$ 9 p>agraph 7#b77;,a77i74 7j7 ,/ud5t relief fund 7#a7 ,e/abli%m5t ,! ,secret>y %all e/abli% a ,/ud5t ,relief ,fund 7ref]r$ to 9 ?is subsection z ! ,fund7 t %all be us$1 subject to ! availability ( funds1 to provide f9ancial relief to any /ud5t enroll$ 9 an in/itution ( high] education t-- 7,a7 has fail$ to comply ) an eligibility requirem5t "u section #aja or #ajb or an obligation incurr$ "u ! t]ms ( ! program p>ticipation agreem5t "u section #dhg2 or 7,b7 has be5 sanction$ "u subsection 7b7 or 7c74 7#b7 ,det]m9ation ( relief ,! ,secret>y1 9 consultation ) ,director ( ! ,bureau ( ,consum] ,f9ancial ,protection-- 7,a7 %all det]m9e ! mann] ( relief to be provid$ "u p>agraph 7#a71 :i* may include tuition reimbursem5t1 full or p>tial loan =giv5ess1 or loan re9/atem5t2 & 7,b7 may issue regulations reg>d+ h[ ! am\nts 9 ! ,fund w be di/ribut$ among /ud5ts eligible = ! funds4 7#c7 ,treatm5t & availability ( funds 7,a7 ,funds t are n gov]nm5t funds ,funds obta9$ by or transf]r$ to ! ,fund %all n be con/ru$ to be ,gov]nm5t funds or appropriat$ monies4 7,b7 ,am\nts n subject to apportionm5t ,not)/&+ any o!r provision ( law1 am\nts 9 ! ,fund %all n be subject to apportionm5t = purposes ( *apt] #ae ( title #ca1 ,unit$ ,/ates ,code1 or "u any o!r au?ority4 7,c7 ,no fiscal ye> limitation ,sums deposit$ 9 ! ,fund %all rema9 9 ! ,fund & be available = exp5diture "u ?is *apt] )\t fiscal ye> limitation4 7#d7 ,inve/m5ts 7,a7 ,am\nts 9 fund may be inve/$ ,! ,secret>y ( ,education may reque/ ! ,secret>y ( ! ,treasury to inve/ ! portion ( ! ,fund t is n1 9 ! discretion ( ! ,secret>y ( ,education1 requir$ to meet ! curr5t ne$s ( ! ,fund4 7,b7 ,eligible inve/m5ts ,inve/m5ts %all be made by ! ,secret>y ( ! ,treasury 9 obligations ( ! ,unit$ ,/ates or obligations t are gu>ante$ z to pr9cipal & int]e/ by ! ,unit$ ,/ates1 ) maturities suitable to ! ne$s ( ! ,fund z det]m9$ by ! ,secret>y on ! record4 7,c7 ,int]e/ & proce$s cr$it$ ,! int]e/ on1 & ! proce$s f ! sale or r$emption (1 any obligations held 9 ! ,fund %all be cr$it$ to ! ,fund4 7#e7 ,regulations ,! ,secret>y %all prescribe regulations to implem5t ! requirem5ts ( ?is section )9 #a ye> aft] ! date ( enactm5t ( ! ,,pro ,/ud5ts ,act4 7#f7 ,au?orization ( appropriations ,9 addition to funds d]iv$ f f9ancial p5alties assess$ pursuant to subsection 7j71 !re are au?oriz$ to be appropriat$ su* sums z may be necess>y to c>ry out ?is subsection4 7k7 ,/ate en=cem5t 7#a7 ,9 g5]al ,any violation ( subsection 7b71 includ+ ! regulations promulgat$ "u su* subsection1 %all be a cause ( action en=ceable by ! ,/ate1 ?r\gh ! attorney g5]al 7or ! equival5t !re(7 ( ! ,/ate1 9 any di/rict c\rt ( ! ,unit$ ,/ates 9 t ,/ate or 9 a ,/ate c\rt t is locat$ 9 t ,/ate & t has jurisdiction ov] ! def5dant4 ,! ,/ate may seek any relief provid$ "u p>agraph 7#d77;,b7 = su* violation1 or any rem$ies o!rwise provid$ "u law4 7#b7 ,notice requir$ 7,a7 ,9 g5]al ,be=e initiat+ any action 9 a c\rt or o!r adm9i/rative or regulatory proce$+ aga9/ any in/itution ( high] education z au?oriz$ by p>agraph 7#a7 to en=ce any provision ( ?is subsection1 includ+ any regulation promulgat$ by ! ,secret>y "u ?is subsection1 a ,/ate attorney g5]al %all timely provide a copy ( ! complete compla9t to be fil$ & writt5 notice describ+ su* action or proce$+ to ! ,secret>y1 except z provid$ 9 subp>agraph 7,b74 7,b7 ,em]g5cy action ,if prior notice ( ! initiation ( an action or adm9i/rative or regulatory proce$+ requir$ "u subp>agraph 7,a7 is n practicable1 ! ,/ate attorney g5]al %all provide a copy ( ! complete compla9t & ! notice to ! ,secret>y imm$iately ^u in/itut+ ! action or proce$+4 7,c7 ,cont5ts ( notice ,! notification requir$ "u ?is subp>agraph %all include-- 7i7 ! id5tity ( ! p>ties2 7ii7 ! alleg$ facts und]ly+ ! proce$+2 & 7iii7 :e!r !re may be a ne$ to coord9ate ! prosecution ( ! proce$+ s z n to int]f]e ) any action1 includ+ any rulemak+1 und]tak5 by ! ,secret>y or ano!r ,f$]al ag5cy4 7#c7 ,regulations ,! ,secret>y %all prescribe regulations to implem5t ! requirem5ts ( ?is subsection & p]iodically provide guidance to fur!r coord9ate actions ) ! ,/ate attorneys g5]al4 7#d7 ,pres]vation ( /ate au?ority 7,a7 ,/ate claims ,no?+ 9 ?is subsection %all be con/ru$ z alt]+1 limit+1 or affect+ ! au?ority ( a ,/ate attorney g5]al or any o!r regulatory or en=cem5t ag5cy or au?ority to br+ an action or o!r regulatory proce$+ aris+ solely "u ! law 9 effect 9 t ,/ate4 7,b7 ,relief 7i7 ,9 g5]al ,relief "u ?is subsection may include1 )\t limitation-- 7,i7 rescission or re=mation ( contracts2 7,,ii7 refund ( moneys or return ( real prop]ty2 7,,iii7 re/itution2 7,,iv7 disgorgem5t or comp5sation = unju/ enri*m5t2 7,v7 paym5t ( damages or o!r monet>y relief pursuant to ! requirem5ts ( p>agraph 7#b72 7,,vi7 public notification reg>d+ ! violation1 includ+ ! co/s ( notification2 & 7,,vii7 limits on ! activities or functions ( ! p]son4 7ii7 ,exclusion ,relief "u ?is subsection %all n include ! ability to susp5d or t]m9ate ! eligibility /atus ( an in/itution ( high] education = programs "u ?is title4 7l7 ,def9itions ,9 ?is section3 7#a7 ,(fic] ( an in/itution ( high] education ,! t]m (fic] ( an in/itution ( high] education includes ! presid5t1 *ief executive (fic]1 & *ief f9ancial (fic] ( an in/itution ( high] education or _! equival5ts4 7#b7 ,sub/antial misrepres5tation or o!r s]i\s violation ,! t]m sub/antial misrepres5tation or o!r s]i\s violation means any ( ! foll[+3 7,a7 ,a sub/antial misrepres5tation reg>d+-- 7i7 ! nature ( ! educational program ( an in/itution ( high] education2 7ii7 ! f9ancial *>ges ( ! in/itution2 7iii7 ! space availability 9 a program ( ! in/itution = :i* a /ud5t is consid]+ enrollm5t2 7iv7 ! admission requirem5ts ( ! in/itution2 7v7 ! transf]ability ( cr$its f ! in/itution2 7vi7 :e!r a program ( ! in/itution meets ! necess>y /&>ds to qualify /ud5ts to sit = lic5s+ exam9ations1 or obta9 c]tification requir$ z a precondition = employm5t1 9 ! ,/ate 9 :i* ! /ud5ts reside2 7vii7 ! passage rates ( /ud5ts at ! in/itution 9 obta9+ c]tification requirem5ts2 7viii7 ! passage rates ( /ud5ts :o sit = lic5s+ exam9ations2 or 7ix7 ! employability ( ! graduates ( ! in/itution4 7,b7 ,failure ( an in/itution subject to ! requirem5ts ( section #dhg7;a77#cb7 to comply ) su* section4 7,c7 ,a kn[+ & willful misuse ( ,f$]al /ud5t aid f any s\rce4 7,d7 ,a violation ( section #dhg7;a77#bj74 7,e7 ,a violation ( ! default manipulation regulations promulgat$ by ! ,secret>y "u section #dce7m77#c74 7,f7 ,failure to comply ) ! program review process describ$ 9 section #dih;,a1 includ+ any disclosure requirem5t describ$ 9 p>agraph 7#b77;,c7 or 7#e7 ( section #dih;,a7b74 7,g7 ,a violation ( ! program integrity regulations promulgat$ by ! ,secret>y "u ?is ,act4 7,h7 ,a violation ( ?is ,act t ! ,secret>y has det]m9$1 by regulation1 to be a s]i\s violation = purposes ( ?is section4 4 #ae4 ,requirem5ts = accr$it+ ag5cies or associations ,section #dif7;a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajii;b7a77 is am5d$-- 7#a7 9 p>agraph 7#g71 by /rik+ & aft] ! semicolon2 7#b7 9 p>agraph 7#h71 by /rik+ ! p]iod & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+ new p>agraph3 7#i7 su* ag5cy or association does n require any in/itution to ent] into pr$ispute arbitration agreem5ts ) ! /ud5ts ( ! in/itution4 4 #af4 ,program review & data ,section #dih;,a ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajii;c-#a7 is am5d$ to read z foll[s3 #dih;,a4 ,program review & data 7a7 ,program reviews = in/itutions p>ticipat+ "u title ,,iv 7#a7 ,9 g5]al ,! ,secret>y-- 7,a7 may conduct program reviews1 includ+ on-site visits1 ( ea* in/itution ( high] education p>ticipat+ 9 a program au?oriz$ "u ?is title2 & 7,b7 %all conduct a program review "u ?is subsection ( ea* in/itution ( high] education t poses a significant risk ( failure to comply ) ?is title1 z describ$ 9 p>agraphs 7#b7 & 7#c74 7#b7 ,m&atory reviews 7,a7 ,9 g5]al ,! ,secret>y %all1 on an annual basis1 conduct program reviews ( ea* in/itution ( high] education p>ticipat+ 9 a program au?oriz$ "u ?is title t meets #a or m ( ! foll[+ crit]ia3 7i7 ,! ,secret>y det]m9es t-- 7,i7 m ?an #ae p]c5t ( ! /ud5ts enroll$ at ! in/itution h receiv$ a ,f$]al ,direct ,unsubsidiz$ ,/af=d ,loan dur+ ! previ\s ye>2 & 7,,ii7 ! in/itution has a cohort default rate1 z def9$ 9 section #dce7m71 t is m ?an #bj p]c5t4 7ii7 ,! ,secret>y det]m9es t-- 7,i7 ! in/itution has a cohort default rate1 z def9$ 9 section #dce7m71 t exce$s ! national av]age1 z det]m9$ by ! ,secret>y 9 accordance ) su* section2 & 7,,ii7 ! in/itution has an aggregate am\nt ( default$ loans1 z det]m9$ by ! ,secret>y1 t places ! in/itution 9 ! highe/ #a p]c5t ( in/itutions p>ticipat+ 9 programs au?oriz$ "u ?is title 9 t]ms ( ! aggregate am\nt ( default$ loans4 7iii7 ,9 ! case ( propriet>y in/itutions ( high] education1 ! in/itution receiv$ m ?an #hj p]c5t ( ! in/itution's rev5ues f ,f$]al funds z def9$ 9 section #aff7b71 dur+ ! #b mo/ rec5t ye>s = :i* data is available4 7iv7 ,! in/itution is among ! top #a p]c5t ( in/itutions p>ticipat+ 9 programs au?oriz$ "u ?is title 9 t]ms ( numb]s or rates ( compla9ts relat$ to ,f$]al /ud5t f9ancial aid1 educational practices & s]vices1 or recruit+ & m>ket+ practices1 z report$ 9 ! compla9t track+ sy/em e/abli%$ "u section #afa4 7v7 ,z ( ! date ( ! det]m9ation1 ! in/itution is among ! top #a p]c5t ( in/itutions 9 t]ms ( l[ graduation rates1 z det]m9$ by ! ,secret>y1 ( all in/itutions p>ticipat+ 9 programs au?oriz$ "u ?is title4 7vi7 ,! in/itution sp5ds m ?an #bj p]c5t ( ! in/itution's rev5ues on recruit+ & m>ket+ activities & executive comp5sation4 7vii7 ,9 ! fiscal ye> imm$iately foll[+ ! mo/ rec5t cohort default rate p]iod-- 7,i7 ! in/itution's loan defaults increas$ by #ej p]c5t or m z comp>$ to ! prec$+ p]iod2 & 7,,ii7 m ?an #ej p]c5t ( ! /ud5ts att5d+ ! in/itution receiv$ loans "u ?is title4 7viii7 ,! in/itution1 or an executive ( ! in/itution1 has publicly ackn[l$g$ or disclos$ t ! in/itution-- 7,i7 is 9 violation or noncompliance ) any provision ( law adm9i/]$ by a relevant ,f$]al ag5cy or relevant ,/ate entity or ag5cy2 or 7,,ii7 is be+ inve/igat$ reg>d+ a pot5tial violation ( su* provision ( law4 7ix7 ,! in/itution-- 7,i7 is a propriet>y in/itution ( high] education t has acquir$ a nonpr(it in/itution ( high] education at any po9t dur+ ! #a-ye> p]iod prec$+ ! date ( ! det]m9ation2 or 7,,ii7 0 a propriet>y in/itution ( high] education & has become a nonpr(it in/itution ( high] education at any "t dur+ ! #a-ye> p]iod prec$+ ! date ( ! det]m9ation4 7,b7 ,publication ( in/itutions review$ ,! ,secret>y %all-- 7i7 po/1 on a publicly available website1 ! "n ( ea* in/itution ( high] education t is review$ "u subp>agraph 7,a72 7ii7 indicate1 on su* website1 ) respect to ea* su* in/itution1 :i* ( ! m&atory review crit]ia1 z describ$ 9 subp>agraph 7,a71 su* in/itution met2 & 7iii7 indicate on ! ,college ,navigator website ( ! ,dep>tm5t1 or any successor website1 ! "n ( ea* in/itution ( high] education t is review$ "u subp>agraph 7,a74 7,c7 ,in/itutional disclosure ( review ,ea* in/itution ( high] education t is review$ "u subp>agraph 7,a7 %all-- 7i7 po/ on ! home page ( ! in/itution's website t ! in/itution w be subject to a m&atory program review & :y ! in/itution is be+ review$ & %all ma9ta9 su* po/+ & explanation = #a ye> or until ! ,secret>y has issu$ its f9al program review report "u subsection 7c77#e77;,c71 :i*ev] occurs soon]2 7ii7 provide a cle>1 conspicu\s disclosure ( ! in=mation describ$ 9 clause 7i7 to /ud5ts :o inquire ab\t admission to ! in/itution or submit an application = admission to ! in/itution prior to ! /ud5t sign+ an enrollm5t agreem5t ) ! in/itution1 = #a ye> or until ! ,secret>y has issu$ ! f9al program review report "u subsection 7c77#f77;,c71 :i*ev] occurs soon]2 & 7iii7 include ! in=mation describ$ 9 clause 7i7 on mat]ials ( acceptance or admission submitt$ to ea* /ud5t be=e ! /ud5t enrolls 9 ! in/itution1 = #a ye> or until ! ,secret>y has issu$ ! f9al program review report "u subsection 7c77#f77;,c71 :i*ev] occurs soon]4 7#c7 ,risk-bas$ reviews 7,a7 ,9 g5]al ,! ,secret>y %all use a risk-bas$ approa* to select1 on an annual basis n less ?an #b p]c5t ( in/itutions ( high] education p>ticipat+ 9 a program au?oriz$ "u ?is title t are n review$ "u p>agraph 7#b71 = a program review4 ,su* approa* %all prioritize program reviews ( in/itutions t-- 7i7 h receiv$ l>ge increases 9 fund+ "u ?is title dur+ ! #e-ye> p]iod prec$+ ! date ( ! det]m9ation2 7ii7 h a l>ge proportion ( ov]all rev5ue f ,f$]al funds1 z def9$ 9 section #aff7b72 7iii7 h a significant fluctuation 9 ,f$]al ,direct ,/af=d ,loan volume1 ,f$]al ,pell ,grant aw>d volume1 or any comb9ation !re(1 9 ! ye> = :i* ! selection is made1 comp>$ to ! ye> prior to su* ye>1 t is n acc\nt$ = by *anges 9 ! ,f$]al ,direct ,/af=d ,loan program1 ! ,f$]al ,pell ,grant program1 or any comb9ation !re(2 7iv7 h exp]i5c$ %>p increases 9 enrollm5t 9 absolute numb]s or rate ( gr[?2 7v7 h high rates ( defaults1 relative to all o!r in/itutions ( high] education p>ticipat+ 9 a program au?oriz$ "u ?is title1 = loans issu$ "u ?is title ov] ! lifetime ( ! loans2 7vi7 h a l>ge aggregate doll> am\nt ( loans "u ?is title 9 default1 or a high cohort default rate z describ$ 9 section #dce7m72 7vii7 h a high /ud5t default risk1 z comp>$ to ! /ud5t default risk = all in/itutions p>ticipat+ 9 a program "u ?is title2 7viii7 h a high proportion or high rate ( compla9ts relat$ to ,f$]al /ud5t f9ancial aid1 educational practices & s]vices1 or recruit+ & m>ket+ practices1 z report$ 9 ! compla9t track+ sy/em e/abli%$ "u section #afa2 7ix7 h extremely l[ graduation rates1 z det]m9$ by ! ,secret>y2 7x7 are 9 poor f9ancial heal? accord+ to f9ancial responsibility /&>ds describ$ 9 section #dih7;c72 7xi7 are sp5d+ a l>ge p]c5tage ( ! in/itution's rev5ues on recruit+ & m>ket+ activities & executive comp5sation2 7xii7 9 ! case ( propriet>y in/itutions ( high] education1 h l>ge pr(it m>g9s & pr(it gr[?2 7xiii7 h be5 put on notice1 w>n+1 or probation by1 or is subject to a %[ cause ord] f1 a nationally recogniz$ accr$it+ ag5cy or association t is recogniz$ by ! ,secret>y pursuant to "p ,h ( title ,,iv2 7xiv7 has be5 f\nd to h compliance problems "u ?is title1 or is at significant risk ( fail+ to comply ) applicable ,f$]al or ,/ate laws1 by a relevant ,f$]al ag5cy or a relevant ,/ate entity or ag5cy1 includ+ ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates2 7xv7 has _h a l>ge am\nt ( funds return$ "u section #dhd;,b2 or 7xvi7 9 ! case ( propriet>y in/itutions ( high] education1 h exp]i5c$ a *ange 9 own]%ip or control ( ! in/itution1 includ+ a buy\t4 7,b7 ,crit]ia = risk-bas$ reviews ,! ,secret>y %all publi%1 & update z necess>y1 ! specific crit]ia t ! ,secret>y w use to det]m9e :i* in/itutions ( high] education are select$ = risk-bas$ reviews "u subp>agraph 7,a74 7#d7 ,public disclosure ( violations ,! ,secret>y %all-- 7,a7 po/ on ! ,college ,navigator website1 or any successor website1 ( ! ,dep>tm5t1 ! "n ( ea* in/itution ( high] education t is f\nd to h violat$ a provision ( ?is title kn[+ly & willfully or ) gross neglig5ce2 7,b7 indicate on su* website1 ) respect to ea* su* in/itution1 :i* ( ! provisions ( ?is title ! in/itution violat$2 & 7,c7 ma9ta9 su* po/+ until ! date ! in/itution ( high] education rectifies ! violation or ! date t is #a ye> aft] ! date ! ,secret>y issues ! f9al program review report "u subsection 7c77#f77;,c7 ) respect to su* in/itution1 :i*ev] date is lat]4 7#e7 ,in/itutional disclosure ( violations ,ea* in/itution ( high] education t is f\nd to h violat$ a provision ( ?is title kn[+ly & willfully or ) gross neglig5ce %all-- 7,a7 n lat] ?an #ae days aft] ! date ( issuance ( ! f9al program review report conta9+ ! f9d+1 po/ on ! home page ( ! in/itution's website t ! in/itution has be5 f\nd to h violat$ a provision ( ?is title kn[+ly & willfully or ) gross neglig5ce1 includ+ ! provision ! in/itution 0 f\nd to h violat$2 7,b7 ma9ta9 su* po/+ until ! date ! in/itution rectifies ! violation or ! date t is #a ye> aft] ! date ! ,secret>y issues ! f9al program review report "u subsection 7c77#f77;,c7 ) respect to su* in/itution1 :i*ev] date is lat]2 & 7,c7 include ! in=mation describ$ 9 subp>agraph 7,a7 on mat]ials ( acceptance or admission submitt$ to ea* /ud5t be=e ! /ud5t enrolls 9 ! in/itution until ! date ! in/itution rectifies ! violation or ! date t is #a ye> aft] ! date ! ,secret>y issues ! f9al program review report "u subsection 7c77#f77;,c7 ) respect to su* in/itution1 :i*ev] date is lat]4 7b7 ,*>act]i/ics ( program reviews 7#a7 ,notice ,! ,secret>y may give n m ?an #gb h\rs notice to an in/itution ( high] education t w und]go a program review pursuant to subsection 7b7 ( su* review4 7#b7 ,%>+ ( in=mation ,! ,secret>y %all %>e all f9al program review det]m9ations conduct$ "u ?is section ) relevant ,f$]al ag5cies & relevant ,/ate entities or ag5cies1 & appropriate accr$it+ ag5cies & associations1 to enable su* ag5cies1 entities1 & associations to det]m9e ! eligibility ( in/itutions = funds or accr$itation4 7#c7 ,int]action ) o!r ,f$]al ag5cies & laws ,to ! ext5t practicable1 ! ,secret>y %all coord9ate program reviews conduct$ "u ?is section ) o!r reviews & audits conduct$ by ! ,dep>tm5t1 & ) relevant ,f$]al ag5cies & relevant ,/ate entities or ag5cies4 7#d7 ,violations discov]$ ?r\gh program review 7,a7 ,violations ( ?is title ,if1 9 ! c\rse ( conduct+ a program review1 ! ,secret>y obta9s evid5ce t any in/itution ( high] education or p]son has engag$ 9 conduct t may con/itute a violation ( ?is title1 includ+ a failure to fully comply ) ! program review process & report+ requirem5ts "u ?is section1 ! ,secret>y may sanction su* in/itution or p]son1 pursuant to section #dhi;,a4 7,b7 ,violations ( o!r ,f$]al laws ,if1 9 ! c\rse ( conduct+ a program review1 ! ,secret>y obta9s evid5ce t any in/itution ( high] education or p]son has engag$ 9 conduct t may con/itute a violation ( ,f$]al law1 ! ,secret>y %all transmit su* evid5ce to ! ,attorney ,g5]al ( ! ,unit$ ,/ates1 ! ,director ( ! ,bureau ( ,consum] ,f9ancial ,protection1 ! ,commission] ( ! ,f$]al ,trade ,commission1 or ! head ( any o!r appropriate ,f$]al ag5cy :o may in/itute proce$+s "u appropriate law4 7,c7 ,rule ( con/ruction ,no?+ 9 ?is p>agraph %all be con/ruct$ to affect any o!r au?ority ( ! ,secret>y to disclose in=mation4 7#e7 ,conduct ( reviews ,:5 conduct+ program reviews "u ?is section1 ! ,secret>y %all assess ! in/itution ( high] education's compliance ) ! provisions ( ?is title4 ,ea* program review %all include1 at a m9imum1 ! foll[+3 7,a7 ,) reg>d to ! in/itutional in=mation1 ! ,secret>y %all assess f9ancial capability1 adm9i/rative capability1 & program integrity1 includ+ :e!r ! in/itution-- 7i7 kn[+ly & willfully misus$ ,f$]al /ud5t aid f any s\rce2 7ii7 violat$ section #dhg7;a77#bj72 7iii7 engag$ 9 any sub/antial misrepres5tation or o!r s]i\s violation1 z def9$ 9 section #dhi;,a2 or 7iv7 violat$ ! program integrity regulations promulgat$ by ! ,secret>y "u ?is ,act4 7,b7 ,) reg>d to /ud5t in=mation1 ! ,secret>y %all exam9e-- 7i7 graduation rates comp>$ ) all o!r in/itutions p>ticipat+ 9 a program au?oriz$ "u ?is title2 7ii7 /ud5t compla9ts1 includ+ int]views ) curr5t & =m] /ud5ts1 faculty & /aff1 & accr$it+ ag5cies2 & 7iii7 in=mation f ! compla9t data sy/em e/abli%$ "u section #afa4 7#f7 ,adm9i/rative process 7,a7 ,tra9+ ,! ,secret>y %all provide tra9+1 includ+ inve/igative tra9+1 to p]sonnel ( ! ,dep>tm5t design$ to improve ! quality ( f9ancial & compliance audits & program reviews conduct$ "u ?is section1 includ+ in/ruction ab\t appropriately & effectively conduct+ su* audits & reviews = in/itutions ( high] education f diff]5t sectors ( high] education4 7,b7 ,c>ry+ out program reviews ,9 c>ry+ out program reviews "u ?is section1 ! ,secret>y %all-- 7i7 e/abli% guidel9es design$ to ensure uni=mity ( practice 9 ! conduct ( su* reviews2 7ii7 make available to ea* in/itution ( high] education p>ticipat+ 9 a program au?oriz$ "u ?is title complete copies ( all review guidel9es & proc$ures us$ 9 program reviews1 except t int]nal tra9+ mat]ials = ,dep>tm5t /aff relat$ to id5tify+ in/ances ( fraud1 misrepres5tation1 or int5tional noncompliance %all n be disclos$2 7iii7 p]mit an in/itution ( high] education to correct or cure an adm9i/rative1 acc\nt+1 or recordkeep+ error )9 #ij days ( ! issuance ( ! f9al program review report1 if ! error is n "p ( a patt]n ( error & !re is no evid5ce ( fraud or misconduct relat$ to ! error2 7iv7 )\t %>+ p]sonally id5tifiable in=mation & 9 accordance ) section #ddd ( ! ,g5]al ,education ,provisions ,act 7#bj ,u4,s4,c4 #abcb;g1 commonly kn[n z ! ,family ,educational ,rights & ,privacy ,act ( #aigd71 in=m ! relevant ,f$]al ag5cies & relevant ,/ate entities or ag5cies1 & accr$it+ ag5cy or association1 :5ev] ! ,secret>y f9ds a violation ( ?is title or sanctions an in/itution ( high] education "u section #dcb1 #dhi;,a1 or #dih2 & 7v7 provide to an in/itution ( high] education #ij cal5d> days to review & respond to any program review report & relevant mat]ials relat$ to ! report be=e any f9al program review report is issu$4 7,c7 ,f9al program review det]m9ation 7i7 ,9 g5]al ,n lat] ?an #ahj cal5d> days aft] issu+ a program review report "u ?is section1 ! ,secret>y %all review & consid] an in/itution ( high] education's response1 & issue a f9al program review det]m9ation or audit det]m9ation4 ,! f9al det]m9ation %all include-- 7,i7 a writt5 /atem5t address+ ! in/itution ( high] education's response2 7,,ii7 a writt5 /atem5t ( ! basis = su* det]m9ation2 & 7,,iii7 a copy ( ! in/itution's response4 7ii7 ,confid5tiality ,! ,secret>y %all ma9ta9 & pres]ve at all times ! confid5tiality ( any program review report until a f9al program review det]m9ation is issu$1 o!r ?an to in=m ! relevant ,f$]al ag5cies & relevant ,/ate entities or ag5cies1 & accr$it+ ag5cy or association1 z requir$ "u ?is section4 7,d7 ,reports disclos$ to ! in/itution ,! ,secret>y %all promptly disclose ea* program review report & ea* f9al program review det]m9ation to ! in/itution ( high] education "u review4 7,e7 ,removal ( p]sonally id5tifiable in=mation ,any p]sonally id5tifiable in=mation f ! education records ( /ud5ts %all be remov$ f any program review report or f9al program review det]m9ation be=e ! report is %>$ ) any relevant ,f$]al ag5cy1 ,/ate entity or ag5cy1 or accr$it+ ag5cy or association4 7#g7 ,foll[-up reviews aft] violations ,! ,secret>y %all conduct foll[-up reviews ( ea* in/itution ( high] education t has be5 f\nd 9 violation ( a provision ( ?is title n lat] ?an #a ye> aft] ! date ( su* f9d+4 ,su* foll[-up reviews may only assess :e!r ! in/itution ( high] education has correct$ violations f\nd 9 a previ\s program review or f9al program review det]m9ation4 7c7 ,def9itions ,9 ?is section3 7#a7 ,executive comp5sation ,! t]m executive comp5sation1 :5 us$ ) respect to an in/itution ( high] education1 means ! wages1 sal>y1 fees1 commissions1 fr+e b5efits1 def]r$ comp5sation1 retirem5t contributions1 options1 bonuses1 prop]ty1 & any o!r =m ( remun]ation t ! ,secret>y det]m9es is appropriate1 giv5 to ! #e p]c5t ( employees at ! in/itution :o are ! highe/ comp5sat$4 7#b7 ,f$]al funds ,! t]m ,f$]al funds means any ,f$]al funds provid$1 "u ?is ,act or any o!r ,f$]al law1 ?r\gh a grant1 contract1 subsidy1 loan1 gu>antee1 insurance1 or o!r means to a propriet>y in/itution1 includ+ ,f$]al funds disburs$ or deliv]$ to an in/itution or on behalf ( a /ud5t or to a /ud5t to be us$ to att5d ! in/itution1 except t su* t]m %all n include any mon?ly h\s+ /ip5d provid$ "u ! ,po/-#i_/aa ,educational ,assi/ance ,program "u *apt] #cc ( title #ch1 ,unit$ ,/ates ,code4 7#c7 ,relevant ,f$]al ag5cy ,! t]m relevant ,f$]al ag5cy means-- 7,a7 ! ,dep>tm5t ( ,education2 7,b7 ! ,dep>tm5t ( ,vet]ans ,affairs2 7,c7 ! ,dep>tm5t ( ,def5se2 7,d7 ! ,bureau ( ,consum] ,f9ancial ,protection2 7,e7 ! ,f$]al ,trade ,commission2 or 7,f7 any o!r ,f$]al ag5cy t provides ,f$]al /ud5t assi/ance or t ! ,secret>y det]m9es appropriate4 7#d7 ,relevant ,/ate entity or ag5cy ,! t]m relevant ,/ate entity or ag5cy means-- 7,a7 an appropriate ,/ate lic5s+ or au?oriz+ ag5cy2 7,b7 ! attorney g5]al 7or ! equival5t !re(7 ( ! ,/ate2 or 7,c7 any o!r ,/ate entity or ag5cy t ! ,secret>y det]m9es appropriate4 4 #ag4 ,consum] protections = /ud5ts 7a7 ,def9itions ,9 ?is section3 7#a7 ,f$]al f9ancial assi/ance program ,! t]m ,f$]al f9ancial assi/ance program means a program t provides ,f$]al education assi/ance funds1 z describ$ 9 section #ajc ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjc71 to any po/second>y educational in/itution4 7#b7 ,po/second>y educational in/itution ,! t]m po/second>y educational in/itution means an educational in/itution t aw>ds a degree or c]tificate & is locat$ 9 any ,/ate & includes-- 7,a7 an in/itution ( high] education1 z def9$ 9 section #ajb ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajjb72 7,b7 a po/second>y educational in/itution1 z def9$ 9 section #bjc ( ! ,adult ,education & ,family ,lit]acy ,act 7#bi ,u4,s4,c4 #cbgb72 & 7,c7 an educational in/itution1 z def9$ "u section #cdeb ( title #ch1 ,unit$ ,/ates ,code4 7#c7 ,/ate 7,a7 ,/ate ,! t]m ,/ate includes1 9 addition to ! sev]al ,/ates ( ! ,unit$ ,/ates1 ! ,commonweal? ( ,pu]to ,rico1 ! ,di/rict ( ,columbia1 ,guam1 ,am]ican ,samoa1 ! ,unit$ ,/ates ,virg9 ,isl&s1 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1 & ! freely associat$ ,/ates4 7,b7 ,freely associat$ ,/ates ,! t]m freely associat$ ,/ates means ! ,republic ( ! ,m>%all ,isl&s1 ! ,f$]at$ ,/ates ( ,micronesia1 & ! ,republic ( ,palau4 7b7 ,consum] protections ,not)/&+ any o!r provision ( law1 a po/second>y educational in/itution is n eligible to p>ticipate 9 a ,f$]al f9ancial assi/ance program ) respect to any program ( po/second>y education or tra9+1 includ+ a degree or c]tificate program1 t is design$ to prep>e /ud5ts = entry into a recogniz$ occupation or pr(ession t requires lic5s+ or o!r e/abli%$ requirem5ts z a pre-condition = entry into su* occupation or pr(ession1 unless-- 7#a7 ! successful completion ( ! program fully qualifies a /ud5t1 9 ! ,metropolitan ,/ati/ical ,area 9 :i* ! /ud5t resides1 to-- 7,a7 take any exam9ation requir$ = entry into ! recogniz$ occupation or pr(ession 9 ! ,metropolitan ,/ati/ical ,area 9 :i* ! /ud5t resides1 includ+ satisfy+ all ,/ate or pr(essionally m&at$ programmatic & specializ$ accr$itation requirem5ts1 if any2 & 7,b7 be c]tifi$ or lic5s$ or meet any o!r academically relat$ pre-conditions t are requir$ = entry into ! recogniz$ occupation or pr(ession 9 ! ,metropolitan ,/ati/ical ,area 9 :i* ! /ud5t resides2 & 7#b7 ! in/itution (f]+ ! program provides timely placem5t = all ( ! academically relat$ pre-lic5sure requirem5ts = entry into ! recogniz$ occupation or pr(ession 9 ! ,metropolitan ,/ati/ical ,area 9 :i* ! /ud5t resides1 su* z cl9ical placem5ts1 int]n%ips1 or appr5tice%ips4 7c7 ,effective date ,?is section %all take effect on ! date t is #ahj days aft] ! date ( ! enactm5t ( ?is ,act4