Career and Technical Education Opportunity Act
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand the programs eligible to participate in federal student aid.
Specifically, it makes eligible for Direct Loan program and Federal Perkins Loan program participation an educational program that provides at least 250 hours of instruction over a minimum of 5 weeks that leads to an industry-recognized credential.
An industry-recognized credential: (1) is high quality, as demonstrated by the institution offering the program; (2) meets local or regional workforce needs; and (3) is endorsed by a national industry trade association.