To amend the Higher Education Act of 1965 to prohibit graduate medical schools from receiving Federal financial assistance if such schools adopt certain policies and requirements relating to diversity, equity, and inclusion.

Protection of individual expression: The bill prevents institutions from compelling faculty, staff, or students to personally state, pledge, recite, or express specific tenets regarding race, sex, or national origin as a condition for benefits or employment (Section 124(a)(1)(A)).

Prevention of student classification: It prohibits schools from taking actions that deprive or tend to deprive medical students of opportunities based on race, ethnicity, color, or national origin, including making distinctions or classifications of students (Section 124(a)(1)(B)).

Ensuring compliance with civil rights laws: The bill requires institutions to certify they will comply with various civil rights laws, such as Title IX of the Education Amendments of 1972 and the Age Discrimination Act of 1975 (Section 124(a)(2)).

Preservation of medical instruction and data: The bill ensures that schools can still provide instruction about unique medical needs related to an individual's sex or race, and can collect demographic data for informational purposes (Section 3(1)).

Protection of religious and constitutional rights: It prevents the law from being used to force institutions with a religious mission to act against their tenets, and protects First Amendment rights and research operations (Section 3(2) and 3(3)).

Loss of Federal funding: Graduate medical schools that adopt certain diversity, equity, and inclusion policies or offices could lose eligibility for all Federal financial assistance and student loan programs (Section 124(a)).

Elimination of diversity offices: Institutions would be prohibited from establishing, maintaining, or contracting with a diversity, equity, and inclusion office (Section 124(a)(1)(D)).

Restrictions on admissions and employment: Schools could no longer require or incentivize individuals to complete a diversity statement as a condition of admission or employment (Section 124(a)(1)(E)).