Higher Education Act of 1965 – HEA


DEFINITION of 'Higher Education Act of 1965 – HEA'

A law designed to strengthen the educational resources of the colleges and universities of the United States and to provide financial assistance to post-secondary students. The HEA, as it is known, increased federal money given to post-secondary institutions, developed scholarship programs, provided low-interest loans to students, and founded a National Teachers Corps. Part of President Lyndon B. Johnson's Great Society domestic agenda, the Act was signed into law on November 8, 1965.

BREAKING DOWN 'Higher Education Act of 1965 – HEA'

The Higher Education Act of 1965 included six titles:

Title I – Provides funding for extension and continuing education programs.
Title II – Allocates money to enhance library collections.
Title III – Provisions for strengthening developing institutions.
Title IV – Provides student assistance through scholarships, low-interest loans, and work-study programs.
Title V – Provisions for improving the quality of teaching.
Title VI – Provisions for improving undergraduate instruction.

The Higher Education Act of 1965 has undergone multiple reauthorizations and amendments, including the addition of new title initiatives.

  1. Education Loan

    Money borrowed to finance education or school related expenses. ...
  2. Federal Direct Loan Program

    A program that provides low-interest loans to postsecondary students ...
  3. Stafford Loan

    A type of federal, fixed-rate student loan that was available ...
  4. Free Application For Federal Student ...

    The form that must be completed in order to qualify for any type ...
  5. Cost Of Attendance

    A figure provided by colleges and/or college financial offices ...
  6. Education IRA

    A savings plan for higher education. Parents and guardians are ...
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