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Stronger Oversight of Schools Receiving Veteran Education Benefits.

This law strengthens oversight of educational institutions that accept veteran education benefits (GI Bill). It requires these schools to quickly notify the government of any serious issues, such as losing accreditation or facing financial instability. The goal is to protect veterans from wasting their benefits on unstable or low-quality educational programs.
Key points
Schools must notify the VA within 30 days if they face serious problems, such as loss of accreditation or major negative actions.
Failure to report these issues can lead to the immediate suspension of the school's eligibility to receive veteran funds.
The VA must establish a risk-based database within 180 days to better monitor educational institutions and safeguard veterans' financial security.
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Additional Information
Print number: 118_S_3911
Sponsor: Sen. Cornyn, John [R-TX]
Process start date: 2024-03-12