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Partnerships for Affordability and Student Success Act

This Act amends the Higher Education Act of 1965 to strengthen Federal-State partnerships. It authorizes incentive grants to States aimed at providing student grants, reducing the cost of attendance at public institutions, and improving student outcomes. To receive funding, States are required to maintain their levels of support for higher education and student financial aid based on recent averages.
Key points
Authorization of federal funds for scholarships and grants for students with financial need.
States receive funding to reduce tuition costs specifically at public institutions.
Provision for subgrants to eligible institutions to improve student outcomes and reduce costs.
Requirement for public accountability and consumer information regarding college performance.
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Additional Information
Print number: 117_S_2054
Sponsor: Sen. Reed, Jack [D-RI]
Process start date: 2021-06-15