,i  #aagth ,,congress  #ast ,session    
,h4 ,r4 #echj  ,,in ,,the ,,house ,,of  
,,representatives  ,september #bg1      
#bjba,mr4 ,kim of ,new ,jersey 7for     
himself and ,mr4 ,kelly of              
,pennsylvania7 introduced the following 
bill2 which was referred to the         
,committee on ,education and ,labor  ,a 
,,bill  ,to require institutions of     
higher education to notify students of  
the impact of private scholarships and  
grants on eligibility for institutional 
financial aid1 and for other purposes4  
#a4 ,short title ,this ,act may be cited
 as the ,helping ,students ,plan for    
,college ,act of #bjba4  #b4 ,private   
scholarship impact on institutional     
financial aid ,section #dhe7;a77#a7 of  
the ,higher ,education ,act of #aife    
7#bj ,u4,s4,c4 #ajib7;a77#a77 is        
amended-- 7#a7 in subparagraph 7,a71 by 
inserting 1 and1 in the case of an      
institution described in subparagraph   
7,w71 a statement that eligibility for  
such programs may be impacted by the    

receipt of financial assistance not     
received under this title1 including all
 scholarships1 grants1 loans1 or other  
assistance known to the institution at  
the time the determination of the       
student's need is made after            
institution2  7#b7 in subparagraph 7,u71
 by striking and at the end2  7#c7 in   
subparagraph 7,v71 by striking the      
period and inserting 2 and2 and  7#d7 by
 adding at the end the following new    
subparagraph3  7,w7 in the case of an   
institution that adjusts awards of      
institutional financial aid based on    
student receipt of financial assistance 
not received under this title1 the      
institutional policies on making such   
adjustments1 including scholarships1    
grants1 loans1 or other assistance1 and 
how receipt of such assistance may      
impact eligibility for1 and the amount  
of1 institutional financial aid awards4 
4  #c4 ,,gao study and report  7a7      
,study ,not later than #ij days after   
the date of enactment of this ,act1 the 

,comptroller ,general shall begin to    
conduct a study on the relationship     
between-- 7#a7 financial assistance not 
received under title ,,iv of the ,higher
 ,education ,act of #aife 7#bj ,u4,s4,c4
 #ajgj et seq471 including scholarships1
 grants1 loans1 or other assistance2 and
  7#b7 eligibility for1 and the amount  
of1 institutional financial aid awards  
to students by institutions of higher   
education1 as defined in section #ajb of
 such ,act 7#bj ,u4,s4,c4 #ajjb74  7b7  
,data ,the study conducted under        
subsection 7a7 shall include information
 on-- 7#a7 the demographic              
characteristics of students who use     
private scholarships to pay for college2
 and  7#b7 policies of institutions of  
higher education for accounting for     
private scholarships when awarding      
financial aid1 and how such policies can
 affect financial aid offers4  7c7      
,report ,at the conclusion of the study 
conducted in accordance with this       
section1 the ,comptroller ,general shall

 submit a report on the results of such 
study to the ,committee on ,education   
and ,labor of the ,house of             
,representatives and the ,committee on  
,health1 ,education1 ,labor1 and        
,pensions of the ,senate1 and shall make
 such report publicly available4 ,such  
report shall include recommendations1 as
 appropriate1 for legislative action to 
support the use of financial assistance 
not received under title ,,iv of the    
,higher ,education ,act of #aife 7#bj   
,u4,s4,c4 #ajgj et seq471 including     
scholarships1 grants1 loans1 or other   
assistance1 by students to supplement1  
and not supplant1 institutional         
financial aid awards4