H.R. 5850 · 115th Congress
Puerto Rico Higher Education Disaster Relief Act
- Stage
- In committee
- Sponsor
- Jenniffer González-Colón
- Introduced
- 2018-05-16
- Latest action
- 2018-05-16 · Introduced in House
Summary
Puerto Rico Higher Education Disaster Relief Act
This bill amends the Higher Education Act of 1965 to waive the 90-10 rule through FY2020 for proprietary (i.e., for-profit) institutions of higher education impacted by Hurricane Irma or Maria. Under the 90-10 rule, such institutions must derive at least 10% of their revenue from nonfederal sources or risk becoming ineligible for federal financial aid.