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Amends the Higher Education Amendments of 1992 to authorize the Secretary to provide funds to the United States Olympic Committee or the national governing body of the sport concerned for distribution to institutions of higher education for disbursement to students who: (1) participate intercollegiately in such an Olympic sport named above; and (2) are full-time students.
Amends the Higher Education Act of 1965 to: (1) require the reporting of Equity in Athletic Disclosure Act data; and (2) require institutions discontinuing or reducing funding for an intercollegiate athletic sport to notify participants and provide an internal process for the appeal of such decision.
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