A bill to amend the Fair Labor Standards Act of 1938 to exempt full-time students serving as resident assistants and resident counselors in private nonprofit institutions of higher education from that Act, and for other purposes.

Amends the Fair Labor Standards Act of 1938 to exclude from its coverage any individual certified by a private nonprofit institution of higher education to be a full-time student at that institution and employed by that institution as a resident assistant or counselor living in a resident hall or dormitory of such an institution.