Students Not Profits Act of 2026

The Higher Education Act of 1965 (20 U.S.C. 1001 et seq.) is amended—

(1) in section 102, as redesignated by subsection (a)(3), in paragraph (5)(B), by striking (as such term is defined in section 102);

(2) in section 114—

(A) in subsection (a), by striking (as defined in section 102); and

(B) in subsection (b)(2)(B), by striking (as defined in section 102);

(3) in section 133(b)—

(A) by striking paragraph (5); and

(B) by redesignating paragraphs (6) through (9) as paragraphs (5) through (8), respectively;

(4) in section 151(2), by striking , as such term is defined in section 102,;

(5) in section 152—

(A) in subsection (a)(1)(A), by striking subsections (a)(27) and (h) of section 487 and inserting subsections (a)(26) and (g) of section 487; and

(B) in subsection (b)(1)(B)(i)(I), by striking section 487(e) and inserting section 487(d);

(6) in section 153(c)(3), by striking section 487(a)(25) each place the term appears and inserting section 487(a)(24);

(7) in section 420L(1), by striking , as defined in section 102,;

(8) in section 435(a)(1), by striking , as defined in section 102,;

(9) section 486(b)—

(A) in paragraph (2)—

(i) by striking , sections 102(a)(3)(A), 102(a)(3)(B); and

(ii) by inserting section before 484(l)(1);

(B) in paragraph (3)(B), by striking section 102(a)(1)(C) and inserting section 101(b)(4); and

(C) in paragraph (3)(C), by striking an institution of higher education that meets the requirements of subsection (a) of section 102, other than the requirement of paragraph (3)(A) or (3)(B) of such subsection, and inserting an institution of higher education that meets the requirements of section 101, other than the requirement of section 101(e)(1)(A),;

(10) in section 487—

(A) in subsection (c)(1)(A)(iii), by striking section 102(a)(1)(C) and inserting section 101(b)(4); and

(B) in subsection (i)—

(i) by striking paragraph (4); and

(ii) by redesignating paragraphs (5) and (6) as paragraphs (4) and (5), respectively;

(11) in section 491(l)(2)(A), by striking section 102(a)(1)(C) and inserting section 101(b)(4);

(12) in section 496—

(A) in subsection (c)(3)(A), by striking section 487(f) and inserting section 487(e);

(B) in subsection (j), by striking section 102 and inserting section 101; and

(C) in subsection (k), by striking section 102 and inserting section 101;

(13) in section 498—

(A) in subsection (g)(3), by striking section 102(a)(1)(C) and inserting section 101(b)(4);

(B) in subsection (i), by striking section 102 and inserting section 101;

(C) in subsection (j), by striking sections 102(b)(1)(E) and 102(c)(1)(C) and inserting section 101(i)(1)(C); and

(D) in subsection (k)—

(i) in paragraph (1), by striking section 487(f) and inserting section 487(e); and

(ii) in paragraph (2)(A), by striking sections 102(b)(1)(E) and 102(c)(1)(C) and inserting section 101(i)(1)(C);

(14) in section 498B(b), by striking section 102(a)(1)(C) and inserting section 101(b)(4);

(15) in section 741(f)(2), by striking section 102 and inserting section 101; and

(16) in section 807(d)(1), by striking subparagraph (A) and inserting the following:

(A) intend to pursue a career in instruction at an institution of higher education in the United States; and