,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #djab  ,,in ,,the ,,house ,,of  
,,representatives  ,july #be1 #bjai,mr4 
,cummings 7for himself and ,mr4 ,yoho7  
introduced the following bill2 which was
 referred to the ,committee on          
,education and ,labor1 and in addition  
to the ,committee on ,veterans'         
,affairs1 for a period to be            
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to amend the ,higher        
,education ,act of #aife and title #ch1 
,united ,states ,code1 to conduct risk  
analyses regarding certain educational  
institutions receiving payments under   
the ,department of ,education heightened
 cash monitoring payment method1 and for
 other purposes4  #a4 ,short title ,this
 ,act may be cited as the ,safeguarding 
,student ,veterans ,act 4  #b4          
,department of ,education heightened    
cash monitoring status ,section #dhg7;c7

 of the ,higher ,education ,act of #aife
 7#bj ,u4,s4,c4 #ajid7;c77 is amended by
 adding at the end the following3  7#h7 
,in a case in which1 pursuant to        
paragraph 7#a77;,b71 the ,secretary     
makes payments to an eligible           
institution using the heightened cash   
monitoring payment method due to the    
determination that the institution fails
 to meet reasonable standards of        
financial responsibility or appropriate 
institutional capability for the        
administration of a program of student  
financial aid under this title1 not     
later than #e days after such           
determination with respect to the       
institution and on an ongoing basis     
thereafter1 the ,secretary of ,education
 shall provide to the ,secretary of     
,veterans ,affairs--  7,a7 notice of    
such determination2 and  7,b7 any       
information submitted to the ,secretary 
of ,education by the eligible           
institution for purposes of such payment
 method4  4  #c4 ,department of         

,veterans ,affairs risk analysis and    
notice to students regarding ,department
 of ,education cash payment monitoring  
of educational institutions  7a7 ,in    
general ,chapter #cf of title #ch1      
,united ,states ,code1 is amended by    
adding at the end the following new     
section3  #cfii;,b4 ,risk analysis and  
notice to students regarding ,department
 of ,education cash payment monitoring  
of educational institutions  7a7 ,risk  
analysis  7#a7 ,in the case of any      
covered educational institution1 the    
,secretary of ,veterans ,affairs shall  
conduct an analysis of the risk posed by
 the school to students using           
entitlement to educational assistance   
under the laws administered by the      
,secretary4 ,such risk analysis shall   
include the following risk factors3     
7,a7 ,rapid increases in veteran        
enrollment4  7,b7 ,increases in the     
amount of benefits per capita4  7,c7    
,volume of student complaints4  7,d7    
,rates of ,federal student loan defaults

 of veterans4  7,e7 ,veteran completion 
rates4  7,f7 ,deficiencies identified by
 accreditors and other ,state agencies4 
7,g7 ,deficiencies in ,department of    
,veterans ,affairs program              
administration compliance4  7#b7 ,the   
,secretary shall complete such risk     
analysis by not later than #cj days     
after the date on which the ,secretary  
receives the notice referred to in      
paragraph 7#c77;,a74  7#c7 ,in this     
subsection1 a covered educational       
institution is an educational           
institution-- 7,a7 for which the        
,secretary receives notice from the     
,secretary of ,education under section  
#dhg7;c77#h7 of the ,higher ,education  
,act of #aife 7#bj ,u4,s4,c4            
#ajid7;c77#h77 that an educational      
institution is receiving payments under 
the heightened cash monitoring payment  
method due to the determination that the
 institution fails to meet reasonable   
standards of financial responsibility or
 appropriate institutional capability   

for the administration of a program of  
student financial aid2 and  7,b7 where  
#bj or more individuals are pursuing a  
course or program of education using    
educational assistance under chapter    
#cj1 #cb1 #cc1 or #ce of this title1 or 
chapter #afjf or #afjg of title #aj4    
7b7 ,notice ,not later than #ae days    
after completing a risk analysis under  
subsection 7a71 the ,secretary of       
,veterans ,affairs shall--  7#a7 provide
 notice of such determination to any    
individual who is pursuing a course or  
program of education at such educational
 institution using the individual's     
entitlement to educational assistance   
under chapter #cj1 #cb1 #cc1 or #ce of  
this title1 or chapter #afjf or #afjg of
 title #aj2 and  7#b7 publish such      
notice on an appropriate website of the 
,department1 including as part of the   
,,gi ,bill ,comparison tool1 or any     
successor4  4  7b7 ,clerical amendment  
,the table of sections at the beginning 
of such chapter is amended by adding at 

the end the following new item3         
#cfii;,b4 ,risk analysis and notice to  
students regarding ,department of       
,education cash payment monitoring of   
educational institutions4  4