Loan funds may not be used for a low-earning program
What the document says“an institution of higher education subject to this subsection shall not use funds under this part for student enrollment in an educational program offered by the institution that is described in paragraph (2).”
The section adds a new subsection (c) to section 454 of the Higher Education Act of 1965 (20 U.S.C. 1087d) barring an institution, notwithstanding section 481(b), from using loan funds under part D for enrollment in a program described in the next paragraph, and requires the institution to give assurances from July 1, 2026 that it will comply.
What the document actually says“an institution of higher education subject to this subsection shall not use funds under this part for student enrollment in an educational program offered by the institution that is described in paragraph (2).”
The school may not use loan money for such a course. The next rule says which courses those are.
The bar covers money under this part of the law. It bites on enrollment in the course. The school must promise to obey.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.