,,ii #aafth ,,congress #ast ,session ,s4 #aidg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #bd1 #bjai,mr4 ,schumer 7for ,mr4 ,sanders7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,higher ,education ,act of #aife to ensure college for all4 #a4 ,short title ,this ,act may be cited as the ,college for ,all ,act of #bjai4 ,i ,federal-,state partnership to eliminate tuition and required fees #aja4 ,federal-,state partnership to eliminate tuition and required fees ,the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja et seq47 is amended by adding at the end the following3 ,,ix ,federal-,state partnership to eliminate tuition and required fees #ija4 ,grant program to eliminate tuition and required fees at public institutions of higher education and tribal colleges and universities 7a7 ,definitions ,in this section3 7#a7 ,award year ,the term award year has the meaning given the term in section #dha7;a74 7#b7 ,community college ,the term community college means-- 7,a7 a public institution of higher education at which the credential that is predominantly awarded to students is at the sub-baccalaureate level2 or 7,b7 a public postsecondary vocational institution1 as defined under section #ajb7;c74 7#c7 ,cost of attendance ,the term cost of attendance has the meaning given the term in section #dgb4 7#d7 ,dual or concurrent enrollment program ,the term dual or concurrent enrollment program has the meaning given the term in section #haja of the ,elementary and ,secondary ,education ,act of #aife4 7#e7 ,early college high school ,the term early college high school has the meaning given the term in section #haja of the ,elementary and ,secondary ,education ,act of #aife4 7#f7 ,eligible ,indian entity ,the term eligible ,indian entity means the entity responsible for the governance1 operation1 or control of a ,tribal ,college or ,university4 7#g7 ,eligible student ,the term eligible student means an individual1 regardless of age1 who has not obtained a baccalaureate degree or higher degree and is enrolled1 or plans to enroll1 in a community college or public #d-year institution of higher education in the ,state in which the individual is a resident or in a ,tribal ,college or ,university4 7#h7 ,full-time equivalent eligible students ,the term full-time equivalent eligible students1 when used with respect to an institution of higher education1 has the meaning given the term full-time equivalent students1 except that the calculation shall be made based on the number of eligible students enrolled at such institution4 7#i7 ,full-time equivalent students ,the term full-time equivalent students means the sum of the number of students enrolled full time at an institution1 plus the full-time equivalent of the number of students enrolled part time 7determined on the basis of the quotient of the sum of the credit hours of all part-time students divided by #ab7 at such institution4 7#aj7 ,institution of higher education ,the term institution of higher education has the meaning given the term in section #aja4 7#aa7 ,public #d-year institution of higher education ,the term public #d-year institution of higher education means an institution of higher education that is not a community college and is operated by a ,state1 subdivision of a ,state1 or government agency within a ,state and operated wholly or predominately from or through the use of governmental funds or property4 7#ab7 ,tribal ,college or ,university ,the term ,tribal ,college or ,university has the meaning given the term in section #caf7;b77#c7 and includes #b-year and #d-year institutions4 7b7 ,program authorized 7#a7 ,grants authorized ,from amounts appropriated under subsection 7g71 the ,secretary shall award grants1 from allotments under subsection 7c71 to ,states and eligible ,indian entities having applications approved under subsection 7e71 to enable the ,states and eligible ,indian entities to eliminate tuition and required fees for all eligible students at community colleges1 public #d-year institutions of higher education in the ,state1 or ,tribal ,colleges and ,universities of the eligible ,indian entity4 7#b7 ,non-,federal share requirement 7,a7 ,in general ,except as provided in subparagraph 7,b71 each ,state or eligible ,indian entity that receives a grant under this section shall provide a non-,federal share of funds for an award year from non-,federal sources in an amount that is equal to #cc percent of the amount required to eliminate tuition and required fees-- 7i7 in the case of a ,state1 at community colleges and public #d-year institutions of higher education in the ,state for all eligible students for the award year2 and 7ii7 in the case of an eligible ,indian entity1 at ,tribal ,colleges and ,universities of the eligible ,indian entity for all eligible students for the award year4 7,b7 ,non-,federal share requirement for certain eligible ,indian entities 7i7 ,in general ,in the case of an eligible ,indian entity that receives a grant under this section for an award year for which not less than #ge percent of the students enrolled in the ,tribal ,colleges and ,universities of the eligible ,indian entity are low-income students1 such eligible ,indian entity shall provide a non-,federal share of funds from non-,federal sources in an amount that is equal to not more than #e percent of the amount necessary to eliminate tuition and required fees at ,tribal ,colleges and ,universities of the eligible ,indian entity for the award year4 7ii7 ,low-income student ,in this subparagraph1 the term low-income student has the meaning given such term by the ,secretary1 except that such term shall not exclude any student eligible for a ,federal ,pell ,grant under section #dja4 7iii7 ,data ,in calculating the number of enrolled students and low-income students for purposes of clause 7i71 the ,secretary shall use-- 7,i7 for the first award year of the program under this section1 the number of students enrolled in award year #bjag-bjah2 and 7,,ii7 for each subsequent award year1 the projected student enrollment numbers for the award year for which the allotment is made4 7#c7 ,no in-kind contributions ,no in-kind contribution shall count toward the non-,federal share requirement under paragraph 7#b74 7c7 ,determination of allotment 7#a7 ,first award year of program ,the ,secretary shall allot1 to each eligible ,state or eligible ,indian entity that submits an application under this section for a grant under subsection 7b77#a7 for the first award year of the program under this section1 an amount that is equal to #fg percent 7or not less than #ie percent in the case of an eligible ,indian entity described in subsection 7b77#b77;,b77 of the total revenue received-- 7,a7 in the case of a ,state1 from all eligible students at community colleges and at public #d-year institutions of higher education in the ,state in the form of tuition and required fees for-- 7i7 with respect to a ,state that did not eliminate tuition and required fees as described in subsection 7d77#b7 for the preceding award year1 award year #bjag-bjah2 or 7ii7 with respect to a ,state that has eliminated tuition and required fees as described in such subsection1 the last award year that the ,state charged tuition and required fees2 and 7,b7 in the case of an eligible ,indian entity1 from all eligible students at ,tribal ,colleges and ,universities of the eligible ,indian entity1 in the form of tuition and required fees for-- 7i7 with respect to an eligible ,indian entity that did not eliminate tuition and required fees as described in subsection 7d77#b7 for the preceding award year1 award year #bjag-bjah2 or 7ii7 with respect to an eligible ,indian entity that has eliminated tuition and required fees as described in such subsection1 the last award year for which the eligible ,indian entity charged tuition and required fees4 7#b7 ,first award year allotment for ,states and eligible indian entities applying after the first year of the program 7,a7 ,in general ,the ,secretary shall allot to each eligible ,state or eligible ,indian entity that submits its first application for a grant under subsection 7b77#a7 for the second or a subsequent year of the program under this section1 an amount equal to-- 7i7 the product of-- 7,i7 the allotment the eligible ,state or eligible ,indian entity would have received in the first award year of the program under this section if the ,state or eligible ,indian entity had submitted an application for such year2 7,,ii7 the projected full-time equivalent eligible students figure for all community colleges and public #d-year institutions of higher education of the eligible ,state1 or all ,tribal ,colleges and ,universities of the eligible ,indian entity1 for the award year for which the allotment is made2 and 7,,iii7 the amount of additional expenditures per full-time equivalent eligible student by the eligible ,state or eligible ,indian entity that will be necessary to eliminate tuition and required fees for each such student for the award year for which the allotment is made2 divided by 7ii7 the product of-- 7,i7 the full-time equivalent eligible students figure for all community colleges and public #d-year institutions of higher education of the eligible ,state1 or all ,tribal ,colleges and ,universities of the eligible ,indian entity1 for the first award year of the program for which the eligible ,state or eligible ,indian entity was eligible to submit an application under this section2 and 7,,ii7 the amount of expenditures per full-time equivalent eligible student by the eligible ,state or eligible ,indian entity that would have been necessary to eliminate tuition and required fees for each such student for the first award year of the program for which the eligible ,state or eligible ,indian entity was eligible to submit an application under this section4 7,b7 ,projected enrollment ,if the projected full-time equivalent eligible students figure of the ,state or eligible ,indian entity under subparagraph 7,a7 is more than #be percent larger than the full-time equivalent eligible students figure for the preceding year1 the ,secretary may challenge such enrollment projection and offer an alternative enrollment projection which shall be used in the formula under subparagraph 7,a7 for determining the allotment4 7#c7 ,subsequent award years 7,a7 ,in general ,the ,secretary shall allot to an eligible ,state or eligible ,indian entity submitting an application for a grant under subsection 7b77#a7 for a second or subsequent year after receiving a grant under paragraph 7#a7 or 7#b71 an amount equal to-- 7i7 the product of-- 7,i7 the allotment received for the first award year for which the eligible ,state or eligible ,indian entity submitted an application2 7,,ii7 the projected full-time equivalent eligible students figure for all community colleges and public #d-year institutions of higher education of the eligible ,state1 or all ,tribal ,colleges and ,universities of the eligible ,indian entity1 for the award year for which the allotment is made2 and 7,,iii7 the amount of additional expenditures per full-time equivalent eligible student by the eligible ,state or eligible ,indian entity that will be necessary to eliminate tuition and required fees for each such student for the award year for which the allotment is made2 divided by 7ii7 the product of-- 7,i7 the full-time equivalent eligible student figure for all community colleges and public #d-year institutions of higher education of the eligible ,state1 or all ,tribal ,colleges and ,universities of the eligible ,indian entity1 for the first award year that the ,state or eligible ,indian entity participates under paragraph 7#a7 or 7#b71 as the case may be2 and 7,,ii7 the amount of expenditures per full-time equivalent eligible student by the eligible ,state or eligible ,indian entity that was necessary to eliminate tuition and required fees for each such student for the first award year that the ,state or eligible ,indian entity participates under paragraph 7#a7 or 7#b71 as the case may be4 7,b7 ,projected enrollment ,if the projected full-time equivalent eligible students figure of the ,state or eligible ,indian entity under subparagraph 7,a7 is more than #be percent larger than the full-time equivalent eligible students figure for the preceding year1 the ,secretary may challenge such enrollment projection and offer an alternative enrollment projection which shall be used in the formula under subparagraph 7,a7 for determining the allotment4 7#d7 ,actual enrollment figures 7,a7 ,in general ,by not later than ,november #a of the second award year for which a ,state or eligible ,indian entity receives an allotment under this section1 and each succeeding ,november #a1 such ,state or eligible ,indian entity shall report to the ,secretary its actual full-time equivalent eligible students figure for the preceding award year4 7,b7 ,adjustments ,if the actual full-time equivalent eligible students figure for the preceding award year reported under subparagraph 7,a7-- 7i7 exceeds the projected enrollment that was used for determining the allotment for the preceding award year1 notwithstanding any other provision of this section1 the allotment for the award year in which the ,november #a date falls for the ,state or eligible ,indian entity shall be increased to reflect such actual enrollment1 which figure shall be increased by the ,state ,gross ,domestic ,product ,price ,index1 or the ,gross ,domestic ,product ,price ,index of the ,state in which the eligible ,indian entity operates2 or 7ii7 is below the projected enrollment that was used for determining the allotment for the preceding award year1 notwithstanding any other provision of this section1 the allotment for the award year in which the ,november #a date falls for the ,state or eligible ,indian entity shall be decreased to reflect such actual enrollment1 which figure shall be increased by the average interest rate on #e-year ,united ,states ,treasury securities issued during the preceding award year4 7#e7 ,additional funds ,if a ,state or eligible ,indian entity provides additional funds toward reducing the cost of attendance and improving instruction at institutions of higher education beyond the cost of eliminating tuition and required fees as described in subsection 7d77#b7 for any award year that is more than the non-,federal share requirement under subsection 7b77#b7 and the maintenance of expenditures requirement under paragraphs 7#c7 and 7#d7 of subsection 7d71 the ,secretary shall provide to the ,state or eligible ,indian entity an amount equal to such additional funding provided by the ,state or eligible ,indian entity1 which amount provided by the ,secretary may be used for the activities described in subsection 7f77#b74 7d7 ,state and eligible ,indian entity eligibility requirements ,in order to be eligible to receive an allotment under this section for an award year1 a ,state or eligible ,indian entity shall comply with the following3 7#a7 ,ensure that public institutions of higher education in the ,state or ,tribal ,colleges and ,universities of the eligible ,indian entity maintain expenditures on instruction per full-time equivalent student at levels that are equal to or exceed the expenditures on instruction per full-time equivalent student for award year #bjag-bjah4 7#b7 ,ensure that tuition and required fees are eliminated-- 7,a7 in the case of a ,state1 for eligible students at all community colleges and in all public #d-year institutions of higher education in the ,state2 or 7,b7 in the case of an eligible ,indian entity1 for eligible students in all ,tribal ,colleges and ,universities of the eligible ,indian entity4 7#c7 ,maintain ,state operating expenditures per full-time equivalent student for public institutions of higher education in the ,state1 or operating expenditures per full-time equivalent student for ,tribal ,colleges and ,universities of the eligible ,indian entity1 excluding the amount of funds provided under this section1 at a level that is equal to or exceeds the level of such support for award year #bjag-bjah4 7#d7 ,maintain ,state expenditures on need-based financial aid programs for enrollment in public institutions of higher education in the ,state or expenditures on need-based financial aid programs for enrollment in ,tribal ,colleges and ,universities of the eligible ,indian entity at a level that is equal to or exceeds the level of such support for award year #bjag-bjah4 7#e7 ,ensure public institutions of higher education in the ,state or ,tribal ,colleges and ,universities of the eligible ,indian entity maintain funding for institutional need-based student financial aid in an amount that is equal to or exceeds the level of such support for award year #bjag-bjah4 7#f7 ,provide an assurance that not later than #e years after the first award year for which the grant is awarded1 not less than #ge percent of instruction at public institutions of higher education in the ,state or ,tribal ,colleges and ,universities of the eligible ,indian entity is provided by tenured or tenure-track faculty4 7#g7 ,require that public institutions of higher education in the ,state or ,tribal ,colleges and ,universities of the eligible ,indian entity provide1 for each student enrolled at the institution who receives the maximum ,federal ,pell ,grant award under subpart #a of part ,a of title ,,iv1 institutional student financial aid 7excluding student loans7 in an amount equal to #ajj percent of the difference between-- 7,a7 the cost of attendance at such institution2 and 7,b7 the sum of-- 7i7 the amount of the maximum ,federal ,pell ,grant award2 and 7ii7 the student's expected family contribution4 7#h7 ,ensure that public institutions of higher education in the ,state or ,tribal ,colleges and ,universities of the eligible ,indian entity not adopt policies to reduce enrollment4 7#i7 ,provide an assurance that public institutions of higher education in the ,state or ,tribal ,colleges and ,universities of the eligible ,indian entity will not charge out-of-,state students an amount that exceeds the marginal cost of attending institutions of higher education in the ,state or ,tribal ,colleges and ,universities of the eligible ,indian entity4 7#aj7 ,provide an assurance that public institutions of higher education in the ,state or ,tribal ,colleges and ,universities of the eligible ,indian entity that charge non-eligible in-,state students tuition and required fees1 will not charge such students a rate that exceeds the rate for the last year that tuition and required fees were charged to eligible students1 increased by the percentage change for subsequent years in the expenditures per full-time equivalent eligible student by the ,state or eligible entity that is necessary to continue to eliminate tuition and required fees for eligible students4 7e7 ,submission and contents of application ,for each award year for which a ,state or eligible ,indian entity desires a grant under this section1 an application shall be submitted to the ,secretary at such time1 in such manner1 and containing such information as the ,secretary may require4 ,such application shall be submitted by-- 7#a7 in the case of a ,state1 the ,state agency with jurisdiction over higher education or another agency designated by the ,governor or chief executive of the ,state to administer the program under this section2 and 7#b7 in the case of an eligible ,indian entity1 the eligible ,indian entity or a ,tribal ,college or ,university of the eligible ,indian entity4 7f7 ,use of funds 7#a7 ,in general ,a ,state or eligible ,indian entity that receives a grant under this section shall use the grant funds and the non-,federal share funds required under this section-- 7,a7 in the case of a ,state1 to eliminate tuition and required fees for all eligible students at community colleges and public #d-year institutions of higher education in the ,state2 and 7,b7 in the case of an eligible ,indian entity1 to eliminate tuition and required fees for all eligible students at ,tribal ,colleges and ,universities of the eligible ,indian entity4 7#b7 ,additional funding ,once tuition and required fees have been eliminated pursuant to paragraph 7#a71 a ,state or eligible ,indian entity that receives a grant under this section shall use any remaining grant funds and non-,federal share funds required under this section to reduce the cost of attendance and increase the quality of instruction and student support services at public institutions of higher education in the ,state or at ,tribal ,colleges and ,universities of the eligible ,indian entity by carrying out any of the following3 7,a7 ,providing additional non-loan aid to students1 which may include need-based student financial aid1 to reduce or eliminate the cost of attendance for a public institution of higher education or a ,tribal ,college or ,university beyond eliminating tuition and required fees4 7,b7 ,expanding academic course offerings and high-quality occupational skills training programs to students4 7,c7 ,increasing the number and percentage of full-time instructional faculty1 including full-time tenure and tenure-track instructional faculty4 7,d7 ,providing all faculty with professional supports to help students succeed1 such as professional development opportunities1 office space1 and shared governance in the institution4 7,e7 ,compensating adjunct and part-time faculty for work done inside and outside of the classroom relating to instruction1 such as holding office hours4 7,f7 ,strengthening and ensuring all students have access to student support services such as academic advising1 counseling1 and tutoring4 7,g7 ,expanding access to dual or concurrent enrollment programs and early college high school programs4 7,h7 ,any other additional activities that improve instructional quality and academic outcomes for students as approved by the ,secretary through a peer review process4 7#c7 ,prohibition ,a ,state or eligible ,indian entity that receives a grant under this section may not use grant funds or non-,federal share funds required under this section-- 7,a7 for the construction of a nonacademic facility1 such as an athletic facility or stadium2 7,b7 for merit-based student financial aid2 7,c7 for need-based student financial aid 7except to the extent funds available under subsection 7c77#e7 are used to carry out paragraph 7#b77;,a772 7,d7 to pay the salaries or benefits of school administrators2 7,e7 for capital outlays or deferred maintenance2 or 7,f7 for expenditures on athletics other than activities open to all members of the campus community4 7g7 ,authorization of appropriations 7#a7 ,in general ,there are authorized to be appropriated1 and there are appropriated1 to carry out this section-- 7,a7 such sums as may be necessary for the fourth quarter of fiscal year #bjai2 7,b7 #dh1jjj1jjj1jjj for fiscal year #bjbj2 and 7,c7 such sums as may be necessary for each of the fiscal years #bjba through #bjbi4 7#b7 ,availability of funds ,funds made available pursuant to paragraph 7#a77;,a7 shall be available for obligation from ,october #a1 #bjai1 to ,september #cj1 #bjbj4 ,funds made available pursuant to subparagraph 7,b7 or 7,c7 of paragraph 7#a7 shall be available for obligation through ,september #cj of the fiscal year succeeding the fiscal year for which such sums were appropriated4 #ijb4 ,grant program for private historically black colleges and universities and private minority-serving institutions 7a7 ,definitions ,except as otherwise provided1 in this section3 7#a7 ,community college ,the term community college has the meaning given the term in section #ija4 7#b7 ,eligible institution 7,a7 ,in general ,except as provided in subparagraph 7,d71 the term eligible institution means a private1 nonprofit #b-year institution or #d-year institution that-- 7i7 is-- 7,i7 a part ,b institution 7as defined in section #cbb72 7,,ii7 a ,hispanic-serving institution 7as defined in section #ejb72 7,,iii7 a ,tribal ,college or ,university 7as defined in section #caf7 whose entity responsible for the governance1 operation1 or control of the ,college or ,university has not received a grant under section #ija2 7,,iv7 an ,alaska ,native-serving institution or a ,native ,hawaiian-serving institution 7as defined in section #cag7;b772 7,v7 a ,predominantly ,black institution 7as defined in section #cga7;c772 7,,vi7 an ,asian ,american and ,native ,american ,pacific ,islander-serving institution 7as defined in section #cga7;c772 or 7,,vii7 a ,native ,american-serving nontribal institution 7as defined in section #cga7;c772 7ii7 has a student body of which not less than #ce percent are low-income students2 7iii7 ensures that tuition and required fees for eligible students enrolled in the institution are eliminated or significantly reduced during any period for which the institution receives a grant under this section2 7iv7 maintains expenditures on instruction per a full-time equivalent eligible student at levels that meet or exceed the expenditures on instruction per a full-time equivalent eligible student for award year #bjag-bjah2 7v7 will invest institutional funds and seek additional funding to reduce or eliminate tuition and required fees for all students2 7vi7 maintains expenditures on need-based financial aid programs for students enrolled at the institution at a level that meets or exceeds the level of such support for award year #bjag-bjah2 7vii7 provides an assurance that the institution will increase the amount of instruction provided by tenured or tenure-track faculty2 and 7viii7 does not adopt policies to reduce enrollment4 7,b7 #b-year institution ,the term #b-year institution means an institution at which the credential that is predominantly awarded to students is at the sub-baccalaureate level4 7,c7 #d-year institution ,the term #d-year institution means an institution that is not a #b-year institution4 7,d7 ,exception 7i7 ,in general ,an eligible institution as described in subparagraph 7,a7 shall not be an eligible institution for purposes of this section for the period described in clause 7ii7 if such institution was a for-profit institution at any time that converted to a nonprofit institution4 7ii7 ,period of ineligibility ,an institution described under clause 7i7 shall not be an eligible institution for purposes of this section for a period of #be years from the date the institution converted from a for-profit institution to a nonprofit institution or #be years after the date of enactment of this ,act1 whichever period is longer4 7#c7 ,eligible student ,the term eligible student means a low-income student enrolled in an eligible institution who has not obtained a baccalaureate degree or a higher degree4 7#d7 ,full-time equivalent eligible students ,the term full-time equivalent eligible students means the sum of the number of eligible students projected to enroll full time at an institution for an award year1 plus the full-time equivalent of the number of eligible students projected to be enrolled part time 7determined on the basis of the quotient of the sum of the credit hours of all part-time eligible students divided by #ab7 at such institution1 for such award year4 7#e7 ,low-income student ,the term low-income student has the meaning given such term by the ,secretary1 except that such term shall not exclude any student eligible for a ,federal ,pell ,grant under section #dja4 7#f7 ,public #d-year institution of higher education ,the term public #d-year institution of higher education has the meaning given the term in section #ija4 7b7 ,authorization of grant program 7#a7 ,in general ,from amounts appropriated under subsection 7e71 the ,secretary shall award grants1 from allotments under paragraph 7#b71 to eligible institutions having applications approved under subsection 7c71 to enable the eligible institutions to eliminate or significantly reduce tuition and required fees for eligible students4 7#b7 ,allotments ,subject to paragraph 7#c71 the ,secretary shall allot1 for each award year1 to each eligible institution having an application approved under subsection 7c71 an amount that is equal to the product of-- 7,a7 tuition and required fees for eligible students at the eligible institution for the award year1 and 7,b7 the number of full-time equivalent eligible students projected to enroll in the eligible institution for the award year4 7#c7 ,limitations 7,a7 ,limitations on institutional allotments ,in making allotments under paragraph 7#b7 for an award year1 the ,secretary shall not award an allotment that is-- 7i7 with respect to an eligible institution that operates in a ,state that has eliminated tuition and required fees as described in section #ija7;d77#b7 for the preceding award year1 more than the amount equal to the product of-- 7,i7 the number of projected full-time equivalent eligible students for the award year2 and 7,,ii7 the expenditures per full-time equivalent eligible student1 including the ,federal allotment and non-,federal share1 under section #ija for the preceding award year for the ,state 7or1 in the case of a ,state that did not receive a grant under such section for the preceding award year1 the amount needed to eliminate tuition and required fees for full-time equivalent eligible students in the ,state1 calculated in the same manner as such amount is calculated under section #ija7;c7 for the preceding award year for the ,state71 at-- 7aa7 if the eligible institution is a #b-year institution1 community colleges in the ,state in which the institution operates2 or 7bb7 if the eligible institution is a #d-year institution1 public #d-year institutions of higher education in the ,state in which the institution operates2 and 7ii7 with respect to an eligible institution that operates in a ,state that has not eliminated tuition and required fees as described in section #ija7;d77#b7 for the preceding award year1 more than the amount equal to the product of-- 7,i7 the number of projected full-time equivalent eligible students for the award year2 and 7,,ii7 the average tuition and required fees for the preceding award year at-- 7aa7 if the eligible institution is a #b-year institution1 public #b-year institutions of higher education in the ,state in which the institution operates2 or 7bb7 if the eligible institution is a #d-year institution1 public #d-year institutions of higher education in the ,state in which the institution operates4 7,b7 ,limitations on tuition hikes 7i7 ,first award year ,for the first award year for which an eligible institution applies for a grant under this section1 such eligible institution shall not increase tuition and required fees at a rate that is greater than any annual increase in tuition and required fees at the eligible institution for the #e years preceding such first award year4 7ii7 ,succeeding award years 7,i7 ,in general ,for each award year after the first award year for which an eligible institution receives a grant under this section1 such eligible institution shall not increase tuition and required fees for eligible students from the preceding award year at a rate that is greater than the percentage increase in the ,employment ,cost ,index for the award year for which the grant is received1 as compared to the ,employment ,cost ,index for the award year preceding the award year for which the grant is received4 7,,ii7 ,employment cost index ,in this subparagraph1 the term ,employment ,cost ,index1 when used with respect to an award year1 means the ,employment ,cost ,index for total compensation for private industry workers by bargaining status and census region and division 7not seasonally adjusted7 of the division in which the eligible entity is located1 as provided by the ,bureau of ,labor ,statistics of the ,department of ,labor1 that is provided for the ,december that immediately precedes the start of the award year4 7#d7 ,actual enrollment figures 7,a7 ,in general ,by not later than ,november #a of the second award year for which an eligible institution receives a grant under this section1 such eligible institution shall report to the ,secretary its actual full-time equivalent eligible students figure for the preceding award year4 7,b7 ,adjustments ,if the actual full-time equivalent eligible students figure for the preceding award year reported under subparagraph 7,a7-- 7i7 exceeds the projected enrollment that was used for determining the allotment under paragraph 7#b77;,b7 for the preceding award year1 notwithstanding any other provision of this ,act1 the allotment for the award year in which the ,november #a date falls for the eligible institution shall be increased to reflect such actual enrollment1 which figure shall be increased by the ,gross ,domestic ,product ,price ,index of the ,state in which the eligible institution operates2 or 7ii7 is below the projected enrollment that was used for determining the allotment under paragraph 7#b77;,b7 for the preceding award year1 notwithstanding any other provision of this ,act1 the allotment for the award year in which the ,november #a date falls for the eligible institution shall be decreased to reflect such actual enrollment1 which figure shall be increased by the average interest rate on #e-year ,united ,states ,treasury securities issued during the preceding award year4 7c7 ,application ,an eligible institution that desires to receive a grant under this section shall submit to the ,secretary an application at such time1 in such manner1 and containing such information as the ,secretary may require4 7d7 ,prohibition ,an eligible institution that receives a grant under this section may not use grant funds under this section-- 7#a7 for the construction of a nonacademic facility1 such as an athletic facility or stadium2 7#b7 for merit-based or need-based student financial aid2 7#c7 to pay the salaries or benefits of school administrators2 7#d7 for capital outlays or deferred maintenance2 or 7#e7 for expenditures on athletics other than activities open to all members of the campus community4 7e7 ,authorization of appropriations 7#a7 ,in general ,there are authorized to be appropriated1 and there are appropriated1 to carry out this section-- 7,a7 such sums as may be necessary for the fourth quarter of fiscal year #bjai2 7,b7 #a1cdj1jjj1jjj for fiscal year #bjbj2 and 7,c7 such sums as may be necessary for each of the fiscal years #bjba through #bjbi4 7#b7 ,availability of funds ,funds made available pursuant to paragraph 7#a77;,a7 shall be available for obligation from ,october #a1 #bjai1 to ,september #cj1 #bjbj4 ,funds made available pursuant to subparagraph 7,b7 or 7,c7 of paragraph 7#a7 shall be available for obligation through ,september #cj of the fiscal year succeeding the fiscal year for which such sums were appropriated4 4 #ajb4 ,increasing success for low-income and first generation students 7a7 ,authorization of appropriations for federal ,,trio programs ,section #djb;,a7g7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a-#aa7;g77 is amended by inserting after the first sentence the following3 ,for the purpose of making grants and contracts under this chapter1 there are authorized to be appropriated #a1bfj1jjj1jjj for fiscal year #bjbj1 #a1ddj1jjj1jjj for fiscal year #bjba1 #a1fbj1jjj1jjj for fiscal year #bjbb1 #a1hjj1jjj1jjj for fiscal year #bjbc1 #b1jjj1jjj1jjj for fiscal year #bjbd1 and such sums as may be necessary for each of fiscal years #bjbd through #bjbh44 7b7 ,authorization of appropriations for ,,gear ,,up programs ,section #djd;,h of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a-#bh7 is amended by striking #djj1jjj1jjj and all that follows through the period and inserting #daj1jjj1jjj for fiscal year #bjbj1 #dai1jjj1jjj for fiscal year #bjba1 #dbg1jjj1jjj for fiscal year #bjbb1 #dcf1jjj1jjj for fiscal year #bjbc1 and #dde1jjj1jjj for fiscal year #bjbd44 ,,ii ,expansion of work study to meet the needs of today's students #bja4 ,authorization of ,appropriations ,section #dda7;b7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg-ea7;b77 is amended to read as follows3 7b7 ,authorization of appropriations ,there are authorized to be appropriated to carry out this part-- 7#a7 #a1ejj1jjj1jjj for fiscal year #bjbj2 7#b7 #b1jjj1jjj1jjj for fiscal year #bjba2 7#c7 #b1ejj1jjj1jjj for fiscal year #bjbb2 7#d7 #c1jjj1jjj1jjj for fiscal year #bjbc2 7#e7 #c1ejj1jjj1jjj for fiscal year #bjbd2 and 7#f7 such sums as may be necessary for each of fiscal years #bjbe-bjbh4 4 #bjb4 ,reform of the work study formula ,section #ddb of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg-eb7 is amended-- 7#a7 by striking subsection 7a7 and inserting the following3 7a7 ,revision to the ,federal work study allocation ,the ,secretary shall allocate funds under this section solely on the basis of the self-help need determination described under subsection 7c74 2 7#b7 in subsection 7c7-- 7,a7 in paragraph 7#b71 by striking ,to determine the self-help need of an institution's eligible undergraduate students1 and inserting ,until such time as the ,secretary establishes a revised method to determine the self-help need of an institution's eligible undergraduate students1 in accordance with paragraph 7#e712 7,b7 in paragraph 7#c71 by striking ,to determine the self-help need of an institution's eligible graduate and professional students1 and inserting ,until such time as the ,secretary establishes a revised method to determine the self-help need of an institution's eligible graduate and professional students1 in accordance with paragraph 7#e712 and 7,c7 by adding at the end the following3 7#e7 ,not later than #a year after the date of enactment of the ,college for ,all ,act of #bjai1 the ,secretary shall establish revised methods for determining the self-help need of an institution's eligible undergraduate students1 as described in paragraph 7#b71 and eligible graduate and professional students1 as described in paragraph 7#c71 that shall take into account the number of ,federal ,pell ,grant eligible low-income and moderate-income students that an eligible institution serves and provide considerations for eligible institutions that successfully demonstrate improved employment outcomes4 ,the ,secretary shall promulgate any regulations necessary to carry out the revised methods of determining an eligible institution's self-help need under this subsection4 2 and 7#c7 by adding at the end the following3 7f7 ,funds ,to expand job location development programs ,notwithstanding any other provision of this part1 to promote career readiness and improve the employment skills of ,federal ,pell ,grant-eligible students1 the ,secretary is authorized to enter into agreements with eligible institutions under which such institution may use not more than #bj percent or #aej1jjj of its allotment under this section1 whichever amount is less1 to expand job location development programs1 which may be coordinated with ,state and local workforce development boards4 4 ,,iii ,student loan relief for millions of borrowers #cja4 ,restoration of certain interest rate provisions ,section #dee7;b7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg;e7b77 is amended-- 7#a7 in paragraph 7#h7-- 7,a7 in the heading1 by striking ,,on ,,or ,,after ,,july #a1 #bjac and inserting ,,on ,,or ,,after ,,july #a1 #bjac1 ,,and ,,before ,,july #a1 #bjai2 and 7,b7 by striking on or after ,july #a1 #bjac and inserting on or after ,july #a1 #bjac1 and before ,july #a1 #bjai each place the term appears2 7#b7 by redesignating paragraphs 7#i7 and 7#aj7 as paragraphs 7#aj7 and 7#aa71 respectively2 and 7#c7 by inserting after paragraph 7#h7 the following3 7#i7 ,interest rate provisions for new loans on or after ,july #a1 #bjai 7,a7 ,rates for undergraduate ,,fdsl and ,,fdusl and graduate and professional ,,fdusl ,notwithstanding the preceding paragraphs of this subsection1 for ,federal ,direct ,stafford ,loans and ,federal ,direct ,unsubsidized ,stafford ,loans issued to undergraduate students and graduate and professional students1 for which the first disbursement is made on or after ,july #a1 #bjai1 the applicable rate of interest shall1 during any #ab-month period beginning on ,july #a and ending on ,june #cj1 be equal to not more than #a4hh percent4 7,b7 ,in school and grace period rules for undergraduates and graduate and professional students ,notwithstanding the preceding paragraphs of this subsection1 with respect to any ,federal ,direct ,stafford ,loan or ,federal ,direct ,unsubsidized ,stafford ,loan issued to an undergraduate student or a graduate or professional student for which the first disbursement is made on or after ,july #a1 #bjai1 the applicable rate of interest for interest which accrues-- 7i7 prior to the beginning of the repayment period of the loan2 or 7ii7 during the period in which principal need not be paid 7whether or not such principal is in fact paid7 by reason of a provision described in subsection 7f71 shall be equal to not more than #a4hh percent4 7,c7 ,,plus loans ,notwithstanding the preceding paragraphs of this subsection1 with respect to ,federal ,direct ,,plus ,loan for which the first disbursement is made on or after ,july #a1 #bjai1 the applicable rate of interest shall be equal to not more than #a4hh percent4 7,d7 ,consolidation loans ,notwithstanding the preceding paragraphs of this subsection1 any ,federal ,direct ,consolidation loan for which the application is received on or after ,july #a1 #bjai1 shall bear interest at an annual rate on the unpaid principal balance of the loan that is equal to not more than #a4hh percent4 4 ,,iv ,student ,debt ,cancellation #dja4 ,short title ,this title may be cited as the ,student ,debt ,cancellation ,act of #bjai4 #djb4 ,forgiveness of outstanding ,federal student loans 7a7 ,forgiveness required ,notwithstanding any other provision of law1 not later than #ahj days after the date of the enactment of this title1 the ,secretary of ,education shall forgive the outstanding balance of interest and principal due on all eligible ,federal student loans4 7b7 ,definition of eligible ,federal student loan ,in this title1 the term eligible ,federal student loan means any loan made1 insured1 or guaranteed under part ,b1 part ,d1 or part ,e of title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajga et seq41 #ajhg;a et seq41 #ajhg;aa et seq47 before the date of enactment of this title1 including-- 7#a7 loans made to a parent borrower on behalf of a dependent student under part ,b or part ,d of such ,act2 7#b7 consolidation loans made under such ,act2 and 7#c7 any grant treated as a loan under such part ,d in accordance with section #beh7;e71 section #dbj,m7c71 or section #hjg7;d7 of such ,act4 7c7 ,method of loan forgiveness ,to provide the loan forgiveness required under subsection 7a71 the ,secretary of ,education is authorized to carry out a program-- 7#a7 through the holder of a loan1 to assume the obligation to repay the outstanding balance of interest and principal due on loans made1 insured1 or guaranteed under part ,b of title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajga et seq472 and 7#b7 to cancel the outstanding balance of interest and principal due on loans made under part ,d or part ,e of such title4 7d7 ,repayment refunds 7#a7 ,prior repayment ,nothing in this section shall be construed to authorize any refunding of any eligible ,federal student loan repayment made before the date of enactment of this title4 7#b7 ,payments made after enactment ,the ,secretary shall refund to each borrower who receives forgiveness under this section the amount of any payments the borrower makes on an eligible ,federal student loan during the period beginning on the date of the enactment of this title and ending on the date on which the ,secretary forgives the outstanding balance of such eligible ,federal student loan4 7e7 ,exclusion from taxable income ,the amount of a borrower's eligible ,federal student loans forgiven under this section1 and the amount of any repayments to a borrower under subsection 7d77#b71 shall not be included in the gross income of the borrower for purposes of the ,internal ,revenue ,code of #aihf4 #djc4 ,purchase and forgiveness of outstanding private student loans 7a7 ,in general ,part ,d of title ,,iv of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg;a et seq47 is amended by inserting after section #dei;,b the following3 #dei;,c4 ,temporary authority to purchase and forgive eligible private student loans 7a7 ,private education loan purchase and forgiveness ,notwithstanding any other provision of law1 not later than #ahj days after the date of enactment of the ,student ,debt ,cancellation ,act of #bjai1 the ,secretary1 in consultation with the ,secretary of the ,treasury1 shall carry out a program under which the ,secretary shall purchase1 and then forgive1 the outstanding balance of interest and principal due on eligible private student loans4 7b7 ,definitions ,in this section3 7#a7 ,eligible private student loan ,in this section1 the term eligible private student loan means a private education loan1 as defined in section #adj7;a7 of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afej7;a771 that was expressly for the cost of attendance 7as defined in section #dgb7 at an institution of higher education participating in a loan program under this part or part ,b or ,e1 as of the date that the loan was disbursed1 and that was made before the date of enactment of the ,student ,debt ,cancellation ,act of #bjai4 7#b7 ,private educational lender ,the term private educational lender has the meaning given the term in section #adj7;a7 of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afej7;a774 7c7 ,method of loan purchase and forgiveness ,the ,secretary1 in consultation with the ,secretary of the ,treasury1 shall carry out a program under which the ,secretary1 upon application by a borrower who has an eligible private student loan1 shall purchase the eligible private student loans of the borrower1 issue such borrower a loan under this section1 and forgive such loan1 in accordance with the following3 7#a7 ,the ,secretary shall pay to the private educational lender of the eligible private student loan an amount equal to the sum of the unpaid principal1 accrued unpaid interest1 and late charges of the eligible private student loan1 as calculated on the date of the purchase of such loan1 in order to discharge the borrower from any remaining obligation to the private educational lender with respect to the eligible private student loan4 7#b7 ,the ,secretary shall issue to the borrower a loan1 known as a ,federal ,direct ,forgiveness ,loan1 in an amount equal to the sum of the amount paid to the private educational lender of the eligible private student loan of the borrower that was purchased by the ,secretary in accordance with paragraph 7#a74 7#c7 ,the ,secretary shall1 immediately upon issuance of a ,federal ,direct ,forgiveness ,loan1 cancel the outstanding balance of interest and principal due on such loan4 7d7 ,repayment refunds prohibited ,nothing in this section shall be construed to authorize any refunding of any repayment of a loan4 7e7 ,exclusion from taxable income ,the amount of a borrower's ,federal ,direct ,forgiveness ,loans forgiven under this section shall not be included in the gross income of the borrower for purposes of the ,internal ,revenue ,code of #aihf4 4 7b7 ,notice to borrowers ,section #abh7;e7 of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afch7;e77 is amended by adding at the end the following new paragraph3 7#ab7 ,notice required along with billing statements ,along with each billing statement sent to the borrower during the six-month period beginning on the day after the date of enactment of the ,student ,debt ,cancellation ,act of #bjai1 the private educational lender shall include a statement informing the borrower that-- 7,a7 the borrower may be eligible for loan forgiveness of eligible private student loans under section #dei;,c of the ,higher ,education ,act of #aife2 and 7,b7 to be eligible for such loan forgiveness1 the borrower must apply to the ,secretary of ,education no later than the date that is #ahj days after the date of enactment of the ,student ,debt ,cancellation ,act of #bjai4 4 #djd4 ,notice to the public ,not later than #ae days after the date of enactment of this title1 the ,secretary of ,education1 in consultation with institutions of higher education and lenders of ,federal student loans and private education loans1 shall take such actions as may be necessary to ensure that borrowers who have outstanding eligible ,federal student loans or outstanding eligible private student loans 7as defined in section #dei;,c of the ,higher ,education ,act of #aife1 as added by this title7 are aware of the loan forgiveness programs authorized by this title4 ,such information shall-- 7#a7 be presented in a form that is widely available to the public1 especially to borrowers with outstanding ,federal and private student loans2 7#b7 be easily understandable2 and 7#c7 clearly notify borrowers of eligible private student loans-- 7,a7 that borrowers must apply for loan forgiveness under this title1 and must do so no later than the date that is #ahj days after the date of enactment of this title2 and 7,b7 of the application process and requirements to apply for forgiveness of eligible private student loans in accordance with this title4 ,v ,snyder ,act #eja4 ,rule of construction regarding the ,snyder ,act ,nothing in this ,act1 or an amendment made by this ,act1 shall be construed to change or abrogate the ,federal ,government's responsibilities under the ,act of ,november #b1 #aiba 7commonly known as the ,snyder ,act7 7#be ,u4,s4,c4 #ac74