To amend the Higher Education Act of 1965 to require that proprietary institutions of higher education derive not less than fifteen percent of revenues from sources other than funds provided under title IV of such Act.
USA115th CongressHR-2743| House
| Updated: 5/25/2017
Maxine Waters
Democratic Representative
California
Education and Workforce Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
85/15 Rule Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 15% (currently 10%) of their revenue from non-federal sources or risk becoming ineligible for title IV funding.
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Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
Education
Education programs fundingHigher education
To amend the Higher Education Act of 1965 to require that proprietary institutions of higher education derive not less than fifteen percent of revenues from sources other than funds provided under title IV of such Act.
USA115th CongressHR-2743| House
| Updated: 5/25/2017
85/15 Rule Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 15% (currently 10%) of their revenue from non-federal sources or risk becoming ineligible for title IV funding.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
Maxine Waters
Democratic Representative
California
Education and Workforce Committee
Education
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Education programs fundingHigher education