PERFORMANCE-BASED ORGANIZATION FOR THE DELIVERY OF FEDERAL STUDENT FINANCIAL ASSISTANCE.

SEC. 117. PERFORMANCE-BASED ORGANIZATION FOR THE DELIVERY OF FEDERAL STUDENT FINANCIAL ASSISTANCE. Section 141 (20 U.S.C. 1018) is amended—(1) in subsection (a)—(A) in paragraph (1), by striking “operational” and inserting “administrative and oversight”; and(B) in paragraph (2)(D), by striking “of the operational functions” and inserting “and administration”;(2) in subsection (b)—(A) in paragraph (1)—(i) in subparagraph (A), by striking “the information systems administered by the PBO, and other functions performed by the PBO” and inserting “the Federal student financial assistance programs authorized under title IV”; and(ii) by striking subparagraph (C) and inserting the following:“(C) assist the Chief Operating Officer in identifying goals for—“(i) the administration of the systems used to administer the Federal student financial assistance programs authorized under title IV; and“(ii) the updating of such systems to current technology.”;(B) in paragraph (2)—(i) in the matter preceding subparagraph (A)—(I) by striking “administration of the information and financial systems that support” and inserting “the administration of Federal”; and(II) by striking “this title” and inserting “title IV”;(ii) in subparagraph (A)—(I) in the matter preceding clause (i), by striking “of the delivery system for Federal student assistance” and inserting “for the Federal student financial assistance programs authorized under title IV”;(II) by striking clauses (i) and (ii) and inserting the following:“(i) the collection, processing, and transmission of data to students, institutions, lenders, State agencies, and other authorized parties;122 STAT. 3115“(ii) the design and technical specifications for software development and procurement for systems supporting the Federal student financial assistance programs authorized under title IV;”;(III) in clause (iii), by striking “delivery” and inserting “administration”;(IV) in clause (iv)—(aa) by inserting “the Federal” after “supporting”;(bb) by striking “under this title” and inserting “authorized under title IV”; and(cc) by striking “and” after the semicolon;(V) in clause (v), by striking “systems that support those programs.” and inserting “the administration of the Federal student financial assistance programs authorized under title IV; and”; and(VI) by adding at the end the following:“(vi) ensuring the integrity of the Federal student financial assistance programs authorized under title IV.”; and(iii) in subparagraph (B), by striking “operations and services” and inserting “activities and functions”; and(3) in subsection (c)—(A) in the subsection heading, by striking “Performance Plan and Report” and inserting “Performance Plan, Report, and Briefing”;(B) in paragraph (1)(C)—(i) by striking “this title” each place the term appears and inserting “under title IV”;(ii) in clause (iii), by striking “information and delivery”; and(iii) in clause (iv)—(I) by striking “Developing an” and inserting “Developing”; and(II) by striking “delivery and information system” and inserting “systems”;(C) in paragraph (2)—(i) in subparagraph (A), by inserting “the” after “PBO and”; and(ii) in subparagraph (B), by striking “Officer” and inserting “Officers”;(D) in paragraph (3), by inserting “students,” after “consult with”; and(E) by adding at the end the following:“(4) Briefing on enforcement of student loan provisions.—The Secretary shall, upon request, provide a briefing to the members of the authorizing committees on the steps the Department has taken to ensure—“(A) the integrity of the student loan programs; and“(B) that lenders and guaranty agencies are adhering to the requirements of title IV.”;(4) in subsection (d)—(A) in paragraph (1), by striking the second sentence; and(B) in paragraph (5)—122 STAT. 3116(i) in subparagraph (B), by striking “paragraph (2)” and inserting “paragraph (4)”; and(ii) in subparagraph (C), by striking “this”;(5) in subsection (f)—(A) in paragraph (2), by striking “to borrowers” and inserting “to students, borrowers,”; and(B) in paragraph (3)(A), by striking “(1)(A)” and inserting “(1)”;(6) in subsection (g)(3), by striking “not more than 25”;(7) in subsection (h), by striking “organizational effectiveness” and inserting “effectiveness”;(8) by striking subsection (i);(9) by redesignating subsection (j) as subsection (i); and(10) in subsection (i) (as redesignated by paragraph (9)), by striking “, including transition costs”.