A bill to amend the Higher Education Act of 1965 to establish fair and consistent eligibility requirements for graduate medical schools operating outside the United States and Canada.

Foreign Medical School Accountability Fairness Act of 2017 This bill amends title I (General Provisions) of the Higher Education Act of 1965 to revise institutional eligibility criteria for a foreign graduate medical school to participate in federal student aid programs. Current law requires a foreign graduate medical school to meet certain requirements—a minimum pass rate threshold on the medical licensing exam and a minimum percentage of foreign students—to participate in the Federal Direct Loan (DL) program, unless the Department of Education (ED) establishes alternative standards or the school has a grandfathered clinical training program. This bill terminates ED's authority to establish alternative standards and eliminates the exemption for a school with a grandfathered clinical training program (i.e., it requires all foreign graduate medical schools to meet minimum requirements to participate in the DL program).