The new Higher Education Bill (HEA §494) requires that the Universities stop all P2P downloads that RIAA doesn’t like AND buy Napster or Rhapsody subscriptions for every student on the campus or lose all federal financial aid.
Not directly, but it certainly looks like they could interpret it that way.
More importantly, the universities would be responsible for actively policing and preventing P2P. This is, to put it nicely, bullshit. Universities aren’t responsible for preventing their students from breaking other laws — why should copyright law be treated differently?