On this page, you'll find proposals that aim to improve affordability in innovative ways for students outside of grant or campus-based aid funding proposals.
Sponsor: Sen. Peters [D-MI]
Cosponsors: 3 (1D; 2R)
NASFAA Summary & Analysis: This bill would expand opportunities for high school students to obtain college credit in an effort to make higher education more accessible and affordable. The bill would rely on FIPSE funding to carry out it’s initiatives including, curriculum design and development, assisting students in the program in covering education-related costs such as tuition and fees, and providing professional development opportunities to educators.
Sponsor: Rep. Ruiz [D-CA]
NASFAA Summary & Analysis: This bill would increase additional grant funding for Hispanic-serving institutions with a primary focus on the development of student support programs aimed at advancing students from four-year institutions to doctoral programs in the healthcare field. These funds will also be used to assist with expanding access to dual enrollment and early college high school programs.
Sponsor: Rep. Harder [D-CA]
Cosponsors: 1 (1R)
NASFAA Summary & Analysis: This bill would expand access for high school students to participate in credit-based academic transition programs that enable students to earn postsecondary credentials while in high school. If enacted, this bill would provide grants to institution in order to carry out these programs to support the following activities: offering school staff with quality professional development, designing curriculum and course sequences, establishing course articulation agreements, creating outreach programs to promote such programs, and coordinating secondary and postsecondary services and calendars.
Sponsor: Rep. Garcia [D-IL]
NASFAA Summary & Analysis: This bill aims to diversify the teacher workforce by eliminating financial barriers to the teacher preparation programs. This bill primarily increases the maximum TEACH Grant award from $4,000 to $8,000 per year. Additionally this bill would protect the TEACH grant award from being cut by the Budget Control Act; eliminate the loan conversion penalty; and allow the TEACH grant to cover the full cost of attendance, rather than solely tuition, fees, and on-campus housing.
Sponsor: Rep. Yarmuth [D-KY]
Signed into Law: 3/11/2021
NASFAA Summary & Analysis: This act set aside $40 billion for higher education to create a new tranche of higher education emergency relief funding. The act stipulates that at least half of the funds must go directly to students in the form of emergency financial aid grants. The act also includes a provision that would close the so-called 90/10 loophole, though this new rule would not go into effect until July 1, 2023 at the earliest.
Publication Date: 9/10/2021