Legislative Tracker: Campus-Based Programs

Legislative Tracker Logo On this page, you'll find proposals that modify the existing campus-based aid programs, which include the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work Study (FWS), and the Federal Perkins Loan program.

For campus-based aid proposals from the previous session of Congress, visit the Legislative Tracker Archive: Campus-Based Programs.  

Federal Perkins Loan Program Extension Act
HR 2482 Sponsor:
Rep. Stefanik (R-NY) 
Co-Sponsors:
237 (46 R; 191 D)
Introduced:
5/17/2017 
S. 1808 Sponsor:
Sen. Baldwin (D-WI)
Co-Sponsors:
19 (4 R; 15 D)
Introduced:
9/14/2017
NASFAA Analysis & Coverage: This bill would extend the Federal Perkins Loan Program for two additional years, thereby moving its authorization expiration from September 30, 2017, to September 30, 2019. Supported by NASFAA, the bill is a simple two-year extension of the previous extension of the program in 2015, meaning graduate and professional students will regain eligibility for a year before becoming ineligible again the following year.
 
College for All Act
S. 806 Sponsor:
Sen. Sanders (I-VT)
Co-Sponsors:
7 (0 R; 7 D)
Introduced:
4/3/2017
HR 1880 Sponsor:
Rep. Pramila (D-WA) 
Co-Sponsors:
35 (0 R; 35 D)
Introduced:
4/4/2017 
NASFAA Analysis & Coverage: This comprehensive piece of legislation would create a grant program to states to eliminate tuition at public 4-year colleges and universities and tribal colleges for students from any family making $125,000 or less. The bill would cut interest rates and impose an interest rate cap of 5% for undergraduate borrowers and 8.25% for graduate and parent borrowers, while also allowing borrowers to refinance loans at the current interest rates. Any excess revenue in the Direct Loan Program would be redirected into the Pell Grant Program. The bill would also increase Federal Work Study (FWS) authorized funding levels and revise the FWS allocation formula by eliminating the "base guarantee" component in the current formula. In addition, TRIO and GEAR UP would see increases to authorized funding levels. 

 

 

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Publication Date: 11/20/2017


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