JOBS Act of 2023

The JOBS Act of 2023 expands Federal Pell Grant eligibility to short-term job training programs that provide 150-600 clock hours (8-15 weeks) of instruction aligned with in-demand local industries. It directly affects students enrolled in eligible career-focused programs at institutions of higher education, requiring programs to offer industry-recognized credentials and meet validation standards from employers or sector partnerships. Key provisions include mandatory industry validation of program quality, institutional credit articulation for noncredit programs, and lowering the minimum Pell Grant percentage from 10% to 5% for qualifying students. The bill ensures these programs count toward students’ total Pell Grant eligibility period while maintaining standard Pell Grant terms and conditions.