This bill aims to ensure institutions of higher education comply with federal immigration employment laws by tying their eligibility for federal funding to such compliance. It specifically prohibits institutions from receiving federal student assistance or federal institutional aid if they are found to be in violation of employing unauthorized aliens, as defined by the Immigration and Nationality Act. This measure seeks to prevent federal funds from supporting institutions that do not adhere to legal employment standards. Furthermore, the legislation mandates that institutions must participate in the E-Verify Program to be eligible for any program authorized under Title IV of the Higher Education Act of 1965, which includes federal student aid. The Secretary of Homeland Security is tasked with monitoring E-Verify participation every six months and promptly notifying the Secretary of Education if an institution violates employment laws or fails to use E-Verify, ensuring robust oversight of these new requirements.