1. Short title This Act may be cited as the College Employment Accountability Act . 2. Ineligibility due to employment of unauthorized aliens Part B of title I of the Higher Education Act of 1965 ( 20 U.S.C. 1011 et seq. ) is amended by adding at the end the following: 124. Ineligibility due to employment of unauthorized aliens Notwithstanding any other provision of law, no institution of higher education shall be eligible to receive funds from Federal student assistance or Federal institutional aid under this Act if the institution is found to be in violation of section 274A of the Immigration and Nationality Act ( 8 U.S.C. 1324a ). . 3. Requirement to participate in the E-Verify Program Section 487(a) of the Higher Education Act of 1965 ( 20 U.S.C. 1094(a) ) is amended by adding at the end the following: (30) The institution will participate in the E-Verify Program under section 403(a) of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 ( 8 U.S.C. 1324a note). . 4. Department of Homeland Security monitoring and notification requirements (a) Monitoring The Secretary of Homeland Security shall monitor every 6 months whether an institution of higher education is participating in the E-Verify Program under section 403(a) of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 ( 8 U.S.C. 1324a note). (b) Notification The Secretary of Homeland Security shall notify the Secretary of Education, not later than 10 days after the Secretary of Homeland Security finds— (1) an institution of higher education to be in violation of section 274A of the Immigration and Nationality Act ( 8 U.S.C. 1324a ); or (2) that an institution of higher education is not participating in the E-Verify Program under section 403(a) of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 ( 8 U.S.C. 1324a note).