Bill > HR8363

This bill, the Earning Experience Act of 2022, aims to establish a work-based learning opportunities pilot grant program under the Higher Education Act of 1965. The key provisions of the bill include: 1. The Secretary of Education will establish a program to provide grants to eligible institutions to create or expand work-based learning programs for students with exceptional financial need. These grants can last up to 4 years, with a possible 2-year extension, and cannot exceed $1 million. 2. Eligible institutions must submit an application detailing how they will develop work-based learning positions that benefit students with exceptional need, identify in-demand industries, involve participating employers, track student outcomes, and be sustainable after the grant period. 3. Grant funds can be used to pay student wages and develop work-based learning positions that last at least 12 weeks, provide career coaching, and offer opportunities to meet with employers in related fields. 4. Institutions receiving grants must submit a report to the Secretary on the program's results, including student graduation/completion rates, satisfaction, employment outcomes, and other metrics. 5. The Secretary will reserve $30 million annually from the Federal Work-Study program to fund these grants.