We have received text from H.R. 5850: Guaranteeing Retention and Aid During Shutdowns Act. This bill was received on 2025-10-28, and currently has 15 cosponsors.
Here is a short summary of the bill:
This bill, known as the Guaranteeing Retention and Aid During Shutdowns Act (GRAD Act), aims to amend the Higher Education Act of 1965 by introducing a new requirement for institutions of higher education that participate in federal student financial aid programs. It stipulates that these educational institutions cannot terminate or alter a student's enrollment status if there is a disruption in the student's federal financial aid due to a lapse in appropriations, such as during a government shutdown.
Key Points of the Bill
- The bill applies to all institutions of higher education that receive funding through Title IV of the Higher Education Act.
- It specifically protects students whose federal financial aid is affected by a government shutdown or similar funding disruptions.
- By preventing the termination or alteration of a student's enrollment status, the bill seeks to offer stability to students during uncertain times.
Impact on Students
The primary focus of this bill is to safeguard students' academic status, ensuring that they can continue their education without being penalized due to circumstances beyond their control, such as funding interruptions from the federal government. This is particularly relevant for students who rely heavily on federal financial aid to support their studies.
Potential Effects on Institutions
Institutions may need to adjust their administrative processes and policies to comply with this requirement, ensuring that students facing funding disruptions are not negatively impacted academically. This change might necessitate further support systems or resources for managing student enrollment statuses during funding lapses.
Relevant Companies
None found.Representative Shomari Figures Bill Proposals
Here are some bills which have recently been proposed by Representative Shomari Figures:
- H.R.5850: GRAD Act
- H.R.5849: USCP Act
- H.R.4654: Baby Sleep Tax Relief Act
- H.R.4653: First-Time Parents Tax Credit Act
- H.R.4560: Building Resilient Infrastructure and Communities for All Act of 2025
- H.R.4401: Bridge Investment and Modernization Act of 2025
You can track bills proposed by Representative Shomari Figures on Quiver Quantitative's politician page for Figures.
Representative Shomari Figures Net Worth
Quiver Quantitative estimates that Representative Shomari Figures is worth $1.9M, as of October 30th, 2025. This is the 263rd highest net worth in Congress, per our live estimates.
Figures has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Representative Shomari Figures's net worth on Quiver Quantitative's politician page for Figures.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
