This Act may be cited as the Guaranteeing Retention and Aid During Shutdowns Act or the GRAD Act.

Section 487(a) of the Higher Education Act of 1965 (20 U.S.C. 1094(a)U.S. Code — Title 20, Section 1094(a)View official source on GovInfo) is amended by adding at the end the following new paragraph: (30) The institution will not terminate or otherwise alter the enrollment status of a student due to a disruption of the student’s Federal student financial aid under title IV caused by a lapse in appropriations..