S.4897

Credit for Prior Learning Act amends the Higher Education Act to include prior learning assessments in cost of attendance and requires transparency.

The Credit for Prior Learning Act amends the Higher Education Act of 1965 to include an allowance for costs related to prior learning assessments in the calculation of cost of attendance. It defines eligible credit for prior learning assessments as evaluations of knowledge or skills learned outside of higher education institutions. The Act also mandates institutions to report the number of students receiving credit for prior learning and the average number of credits awarded, disaggregated by race, income, and Federal Pell Grant status.