U.S. Congress legislation · 119th Congress
HB10562: Students Not Profits Act of 2026
Status: In committee, September 24, 2026
To amend the Higher Education Act of 1965 to make for-profit institutions ineligible for Federal student aid and to protect the integrity of nonprofit institutions of higher education.
What the bill says
To amend the Higher Education Act of 1965 to make for-profit institutions ineligible for Federal student aid and to protect the integrity of nonprofit institutions of higher education.
From the introduced text, September 24, 2026:
A BILL To amend the Higher Education Act of 1965 to make for-profit institutions ineligible for Federal student aid and to protect the integrity of nonprofit institutions of higher education. SECTION 1. Short title This Act may be cited as the Students Not Profits Act of 2026 . SECTION 2. Definition of institution of higher education The Higher Education Act of 1965 (20 U.S.C. 1001 et seq.) is amended-- (1) in section 101-- (A) in subsection (a), in the matter preceding paragraph (1), by striking other than title IV, ; (B) in subsection (b)-- (i) in the matter preceding paragraph (1), by striking other than title IV, ; (ii) in paragraph (1), by striking and after the semicolon; (iii) in paragraph (2)(B), by striking the period at the end and inserting a semicolon; and (iv) by adding at the end the and (4) only for the purposes of part D of title IV, an institution outside the United States that is comparable to an institution of higher education, as defined in subsection (a), and that has been approved by the Secretary for the purpose of part D of title IV, consistent with the requirements of section 452(d). ; (C) in subsection (c), by striking and section 102 ; and (D) by adding at the end the following: (d) Requirements of …
Sponsors
- Pramila Jayapal (D, HD-007) · primary sponsor
- Jesus Garcia (D, HD-IL-4)
- Chellie Pingree (D, HD-001)
- Ayanna Pressley (D, HD-007)
- Rashida Tlaib (D, HD-MI-12)
Latest actions
- : Referred to the House Committee on Education and Workforce.
- : Introduced in House
Subjects: Education
Common questions
- What is HB10562?
- HB10562 is a bill in Congress (119th Congress): Students Not Profits Act of 2026.
- What does HB10562 do?
- In its own words: To amend the Higher Education Act of 1965 to make for-profit institutions ineligible for Federal student aid and to protect the integrity of nonprofit institutions of higher education.
- What is the status of HB10562?
- In committee as of September 24, 2026. Latest action: Referred to the House Committee on Education and Workforce. (September 24, 2026).
- Who sponsored HB10562?
- Pramila Jayapal (D, HD-007), with 4 co-sponsors.
- Where is the official record for HB10562?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10562
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.