Fair College Admissions for Students Act

HR 4900, the Fair College Admissions for Students Act, bans colleges receiving federal financial aid from favoring applicants based on family connections to donors or alumni. Specifically, it amends the Higher Education Act to prohibit institutions from giving preferential treatment in admissions to students whose parents or relatives donated money to the school or are alumni. This applies to all colleges participating in federal student aid programs under the Higher Education Act. The rule takes effect for the second award year starting after the bill's enactment date.