Higher Education Act Reauthorization
The Higher Education Act of 1965 (HEA) is a federal law whose purpose is to strengthen educational resources at colleges and universities while providing financial assistance to students pursuing postsecondary and higher education. Key points about the HEA:
- Federal Aid Programs: The HEA authorizes various federal aid programs that support both individuals seeking post-secondary education and institutions of higher education. These programs include scholarships, grants, and loans to help students cover educational costs.
- Title IV Programs: Title IV of the HEA is particularly important. It establishes major student financial aid programs, which serve as the primary source of direct federal support for students pursuing postsecondary education. These programs include Pell Grants, Stafford Loans, and work-study opportunities.
- Institutional Aid and Support: Titles II, III, and V of the HEA provide institutional aid and support to colleges and universities. These provisions help institutions enhance their educational offerings and improve resources for students.
- Less Advantaged Students: The HEA also authorizes services and support for less advantaged students through select Title IV programs.
- Reauthorization: The HEA has undergone several reauthorizations over the years. The most recent comprehensive reauthorization occurred in 2008 through the Higher Education Opportunity Act (PL 110-315). This reauthorization extended most HEA programs through 2014.
- Outlook: As of this writing, the HEA is overdue for a reauthorization. However, the realities of the day, including political dynamics and other legislative priorities, mean that it is not a “must pass” item in the current Congress.