H.R. 3447 · 112th Congress

Veterans' Education Protection Act

Stage
In committee
Introduced
2011-11-16
Latest action
2012-03-29 · Referred to the Subcommittee on Higher Education and Workforce Training.

Summary

Veterans' Education Protection Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive not less than 10% of their revenue from sources other than veterans' education benefits or title IV, or become ineligible for title IV funding. (Currently, this 90/10 rule requires these schools to derive not less than 10% of their revenue from sources other than title IV or become ineligible for title IV funding.)