1. Short title This Act may be cited as the Higher Education Student Protection Act . 2. Institutional expenditures (a) Consumer information Section 132(i)(1) of the Higher Education Act of 1965 ( 20 U.S.C. 1015a(i)(1) ) is amended by adding at the end: (AA) The institution’s expenditures on instruction, student services, marketing, recruitment, advertising, and lobbying. . (b) Restrictions on certain expenditures Part G of title IV of the Higher Education Act of 1965 is amended by adding at the end the following: 498E. Restrictions on certain expenditures (a) Establishing definitions (1) In general For purposes of each survey conducted under the Integrated Postsecondary Education Data System after the date of enactment of the Higher Education Student Protection Act and this Act, the Secretary shall define the following terms: (A) Marketing. (B) Recruitment. (C) Advertising. (D) Lobbying. (E) Student services. (2) Exclusion of certain activities In defining the term student services under paragraph (1)(E), the Secretary shall ensure that such term does not include marketing, recruitment, advertising, or lobbying. (b) Limitation on expenditures In a case in which the Secretary determines with respect to an institution of higher education participating in any program under this title that, for any of the 3 most recent institutional fiscal years for which the institution submits to the Secretary disclosures on the expenditures of the institution on instruction, the amount expended by such institution on instruction for such fiscal year is less than an amount equal to 1/3 of institution’s revenues derived from tuition and fees— (1) for any institutional fiscal year after such determination is made, the sum of the amount expended by the institution on marketing, recruitment, advertising, and lobbying may not exceed the amount of the institution’s revenues derived from sources other than Federal education assistance funds