The Higher Education Act (HEA) provides almost $50 billion in loans, grants, work-study and institutional aid in support of postsecondary education. Ninety-five percent of the funding is through Title IV in the form of aid to students. The remainder is used to improve teacher quality, ensure access and improve postsecondary institutions.
The Higher Education Act was originally authorized in 1965 and was last fully reauthorized in 1998. The following titles are currently included in HEA:
Title I - General Provisions
Title II - Teacher Quality Enhancement Grants for States and Partnerships
Title III - Institutional Aid
Title IV - Student Assistance
Title V - Developing Institutions
Title VI - International Education Programs
Title VII - Graduate and Postsecondary Improvement Programs
Title VIII - Studies, Reports, and Related Programs