,i #aag? ,,congress #a/ ,session ,h4 ,r4 #echa ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #bg1 #bjba,mr4 ,kim ( ,new ,j]sey 7= himself & ,mr4 ,rodney ,davis ( ,ill9ois7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,education & ,labor ,a ,,bill ,to direct ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates to conduct a /udy on ! front-load+ ( grant aid by in/itutions ( high] education1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,front-,load$ ,aid ,transp>5cy ,act or ! ,,flat ,act4 #b4 ,/udy & report on front-load+ ( grant aid by in/itutions ( high] education 7a7 ,/udy ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all conduct a /udy on ! front-load+ ( in/itutional grant aid by cov]$ in/itutions ( high] education dur+ ! p]iod beg9n+ ) fiscal ye> #bjjg & end+ ) fiscal ye> #bjbj4 7b7 ,elem5ts ,! /udy conduct$ "u subsection 7a7 %all include an assessm5t ( ! foll[+3 7#a7 ,any in=mation kn[n ab\t ! preval5ce ( front-load+ by cov]$ in/itutions & tr5ds 9 h[ av]age grant aid = fir/-ye> und]graduate /ud5ts comp>$ to am\nts = subsequ5t ye>s ( und]graduate /udy1 includ+ :e!r ! cov]$ in/itution is public1 private non-pr(it1 or =-pr(it4 7#b7 ,pot5tial reasons :y an in/itution w\ld r$uce ! am\nt ( grant aid provid$ to individual /ud5ts aft] _! fir/ ye>1 & :y1 if at all1 ! magnitude ( ^! r$uctions w\ld be high] at "s cov]$ in/itutions4 7#c7 ,any in=mation kn[n ab\t h[ decreases 9 /ud5ts' grant aid aft] _! fir/ ye> ( und]graduate /udy affects subsequ5t enrollm5t int5sity & /ud5t loan borr[+1 ret5tion1 transf]1 & graduation rates4 7#d7 ,! ext5t to :i* cov]$ in/itutions in=m prospective /ud5ts ab\t h[ _! aid packages are likely to *ange aft] _! fir/ ye> ( /udy4 7c7 ,report ,n lat] ?an two ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al %all submit to ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ( ! ,s5ate & ! ,committee on ,education & ,labor ( ! ,h\se ( ,repres5tatives a report t includes-- 7#a7 ! results ( ! /udy conduct$ "u subsection 7a72 & 7#b7 recomm5dations = legislative action to address ! front-load+ ( in/itutional grant aid by cov]$ in/itutions4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,cov]$ in/itution ,! t]m cov]$ in/itution means an in/itution ( high] education t-- 7,a7 provides a f\r-ye> educational program2 & 7,b7 p>ticipates 9 programs au?oriz$ "u title ,,iv ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et seq474 7#b7 ,front-load+ ,! t]m front load+1 :5 us$ ) respect to in/itutional grant aid1 means ! practice by :i* a cov]$ in/itution provides fir/-ye> /ud5ts ) a high] am\nt or p]c5tage ( in/itutional grant aid ?an ! in/itution provides to second-ye>1 ?ird-ye>1 or f\r?-ye> /ud5ts4 7#c7 ,in/itutional grant aid ,! t]m in/itutional grant aid means grant aid-- 7,a7 provid$ to a /ud5t by a cov]$ in/itution2 & 7,b7 t is directly fund$ by su* in/itution us+ funds f non-,f$]al s\rces4