S3757119th CongressWALLET

Foreign Medical School Accountability Fairness Act of 2026

Sponsored By: Senator Richard Durbin

Introduced

Summary

This bill would create uniform eligibility rules for foreign graduate medical schools outside the United States and Canada to access Title IV, Part D federal student loans. It would tighten who can receive federal loans by setting new tests on student composition and exam pass rates and by removing certain grandfathered exceptions.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Limits on loans for foreign medical schools

If enacted, graduate medical schools located outside the United States would need to meet two new tests to get federal Title IV, Part D loans. In the year before a student seeks a Part D loan, at least 60% of enrolled students and 60% of the school's graduates must not be persons described in section 484(a)(5). Also, at least 75% of that school's students or graduates from outside the United States or Canada who took ECFMG exams must have passed in the year before the loan. The authority for a school that meets the 60% test to qualify under that clause would expire beginning on the first July 1 after enactment. If a school loses eligibility because of these changes, a student who was enrolled on or before the date of enactment would be able to keep receiving Part D loans while attending, as long as they continue to meet satisfactory academic progress, until the earliest of withdrawal, program completion, or the fourth June 30 after the school's loss of eligibility.

Sponsors & CoSponsors

Sponsor

Richard Durbin

IL • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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