US Congress Senate Bill 1043 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on May 4 2017 - 25% progression, died in committee
Action: 2017-05-04 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Pay for Student Success Act This bill amends the Higher Education Act of 1965 to require the Department of Education (ED) to contract with eligible entities for pay-for-success projects that develop, implement, evaluate, and promote innovative strategies for increasing the postsecondary education retention and completion rates of students who receive Pell Grants and first-generation postsecondary students. Each entity that receives a contract must provide 90% of the project costs up front. ED may reimburse an entity for no more than 75% of the total project costs if ED determines, based on an independent evaluation, that the project is successful.

Pay for Student Success Act

Sen. Michael Bennet [D-CO]

Sen. Orrin Hatch [R-UT]

Date	Chamber	Action
2017-05-04	Senate	Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/1043/all-info
Text	https://www.congress.gov/115/bills/s1043/BILLS-115s1043is.pdf