Limits transcript release restrictions at higher education and proprietary institutions.
Establishes conditions under which an institution of higher education or proprietary institution licensed to offer academic degrees may refuse to release a transcript to a student who has an outstanding account balance at the institution. Prohibits institutions from withholding transcripts due to an outstanding balance of $2,000 or less of non-mandatory charges. Requires institutions to provide transcripts to students whose credits were paid for using federal student aid or funds distributed through any State student financial aid program.
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