,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #echj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #bg1        
#bjba,mr4 ,kim ( ,new ,j]sey 7= himself 
& ,mr4 ,kelly ( ,p5nsylvania7 introduc$ 
! foll[+ bill2 :i* 0 ref]r$ to !        
,committee on ,education & ,labor  ,a   
,,bill  ,to require in/itutions ( high] 
education to notify /ud5ts ( ! impact ( 
private s*ol>%ips & grants on           
eligibility = in/itutional f9ancial aid1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,help+ ,/ud5ts    
,plan = ,college ,act ( #bjba4  #b4     
,private s*ol>%ip impact on in/itutional
 f9ancial aid ,section #dhe7;a77#a7 ( ! 
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajib7;a77#a77 is am5d$-- 7#a7
 9 subp>agraph 7,a71 by ins]t+ 1 &1 9 ! 
case ( an in/itution describ$ 9         
subp>agraph 7,w71 a /atem5t t           
eligibility = su* programs may be       
impact$ by ! receipt ( f9ancial         
assi/ance n receiv$ "u ?is title1       
includ+ all s*ol>%ips1 grants1 loans1 or

 o!r assi/ance kn[n to ! in/itution at !
 "t ! det]m9ation ( ! /ud5t's ne$ is    
made aft] in/itution2  7#b7 9           
subp>agraph 7,u71 by /rik+ & at ! end2  
7#c7 9 subp>agraph 7,v71 by /rik+ !     
p]iod & ins]t+ 2 &2 &  7#d7 by add+ at !
 end ! foll[+ new subp>agraph3  7,w7 9 !
 case ( an in/itution t adju/s aw>ds (  
in/itutional f9ancial aid bas$ on /ud5t 
receipt ( f9ancial assi/ance n receiv$  
"u ?is title1 ! in/itutional policies on
 mak+ su* adju/m5ts1 includ+ s*ol>%ips1 
grants1 loans1 or o!r assi/ance1 & h[   
receipt ( su* assi/ance may impact      
eligibility =1 & ! am\nt (1 in/itutional
 f9ancial aid aw>ds4  4  #c4 ,,gao /udy 
& report  7a7 ,/udy ,n lat] ?an #ij days
 aft] ! date ( enactm5t ( ?is ,act1 !   
,comptroll] ,g5]al %all beg9 to conduct 
a /udy on ! relation%ip betwe5-- 7#a7   
f9ancial assi/ance n receiv$ "u title   
,,iv ( ! ,high] ,education ,act ( #aife 
7#bj ,u4,s4,c4 #ajgj et seq471 includ+  
s*ol>%ips1 grants1 loans1 or o!r        
assi/ance2 &  7#b7 eligibility =1 & !   

am\nt (1 in/itutional f9ancial aid aw>ds
 to /ud5ts by in/itutions ( high]       
education1 z def9$ 9 section #ajb ( su* 
,act 7#bj ,u4,s4,c4 #ajjb74  7b7 ,data  
,! /udy conduct$ "u subsection 7a7 %all 
include in=mation on-- 7#a7 !           
demographic *>act]i/ics ( /ud5ts :o use 
private s*ol>%ips to pay = college2 &   
7#b7 policies ( in/itutions ( high]     
education = acc\nt+ = private s*ol>%ips 
:5 aw>d+ f9ancial aid1 & h[ su* policies
 c affect f9ancial aid (f]s4  7c7       
,report ,at ! conclusion ( ! /udy       
conduct$ 9 accordance ) ?is section1 !  
,comptroll] ,g5]al %all submit a report 
on ! results ( su* /udy to ! ,committee 
on ,education & ,labor ( ! ,h\se (      
,repres5tatives & ! ,committee on       
,heal?1 ,education1 ,labor1 & ,p5sions (
 ! ,s5ate1 & %all make su* report       
publicly available4 ,su* report %all    
include recomm5dations1 z appropriate1 =
 legislative action to support ! use (  
f9ancial assi/ance n receiv$ "u title   
,,iv ( ! ,high] ,education ,act ( #aife 

7#bj ,u4,s4,c4 #ajgj et seq471 includ+  
s*ol>%ips1 grants1 loans1 or o!r        
assi/ance1 by /ud5ts to supplem5t1 & n  
supplant1 in/itutional f9ancial aid     
aw>ds4