Amendment prohibits any post-secondary school from receiving Pell Grant funds if that school is already ineligible to participate in the Federally guaranteed student loan program.

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Amendment Number
733
Description
Amendment prohibits any post-secondary school from receiving Pell Grant funds if that school is already ineligible to participate in the Federally guaranteed student loan program.
Purpose
An amendment, printed as amendment No. 11 in the Congressional Record of July 28, 1995, to prohibit any post-secondary school from receiving Pell Grant funds if that school has a greater than 25% default rate on student loans under the Guaranteed Student Loan Program.
Congress
104
Type
HAMDT
Latest Action Date
Aug 3, 1995
Latest Action Text
On agreeing to the Gordon amendment (A022) Agreed to by voice vote.
Latest Action Time
22:53:28
Submitted Date
Aug 3, 1995
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 733 — Informed