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Code · BILL · 117th Congress · H.R. 8655 (Introduced in House) — To streamline and improve the Federal student loan program to protect borrowers and taxpayers, prohibit the Secretary... · Sec. 302

Sec. 302. Program eligibility for Workforce Pell grants

283 words·~1 min read·/bill/117/hr/8655/ih/section-302·

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Section 481(b) ( 20 U.S.C. 1088(b) ) is amended— by redesignating paragraphs
(3)and
(4)as paragraphs
(4)and (5), respectively; and by inserting after paragraph
(2)the following: A program is an eligible program for purposes of the Workforce Pell Grants program under section 401(k) only if— it is at least 150 clock hours of instruction, but not more than 600 clock hours of instruction, or an equivalent number of credit hours, offered during a minimum of 8 weeks, but not more than 15 weeks; it is determined by an accrediting agency or association recognized by the Secretary pursuant to section 496(a) to— provide an education aligned with the requirements of in-demand industry sectors or occupations, as defined in section 3 of the Workforce Innovation and Opportunity Act; meet the hiring requirements of potential employers in the sectors or occupations described in clause
(i); have been offered by an institution for not less than 1 year prior to a determination by such agency or association under this subparagraph; have a completion rate (based on the methodology of such agency or association) of at least 70 percent; and have a job placement rate (based on the methodology of such agency or association) of at least 70 percent; and the increase in median earnings of students who receive Federal financial aid under this title and who complete the program is an amount that is equal to or greater than the published tuition and fees of such program, as determined by calculating the difference between— the median earnings of such students at the time of initial enrollment in the program; and the median earnings of such students two years after completing such program. .
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Sec. 302
Program eligibility for Workforce Pell grants
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