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Code · BILL · 115th Congress · H.R. 4508 (Reported in House) — To support students in completing an affordable postsecondary education that will prepare them to enter the workforce... · Sec. 473

Sec. 473. Discretion of student financial aid administrators

120 words·~1 min read·/bill/115/hr/4508/rh/section-473

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Section 479A ( 20 U.S.C. 1087tt ) is amended— in subsection (a), by striking financial assistance under section 428H or a Federal Direct Unsubsidized Stafford Loan and inserting a Federal Direct Unsubsidized Stafford Loan or a Federal ONE Loan ; in subsection (c), by striking part B or D and inserting part D or E ; and by adding at the end the following: A student’s eligibility to receive grants, loans, or work assistance under this title shall be reduced if a financial aid officer determines, in accordance with the discretionary authority provided under this section, that the model or method used to deliver instruction to the student results in a substantially reduced cost of attendance to the student. .
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Sec. 473
Discretion of student financial aid administrators
U.S.C.§ 1087tt
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