This bill proposes an amendment to the Higher Education Act of 1965 , specifically targeting the financial regulations for proprietary institutions of higher education. The core purpose is to modify the existing "90/10 rule," which dictates that proprietary institutions must derive at least 10% of their revenue from non-federal sources to remain eligible for federal student aid programs. The key provision of this amendment is to permit revenue generated from certain distance education programs to be included when calculating a proprietary institution's non-Federal revenue. This means that funds paid for programs offered entirely or partially through distance education, regardless of the program's physical location, can now contribute to meeting the 10% non-Federal revenue threshold. This change aims to provide proprietary institutions with more flexibility in meeting their financial compliance requirements.