To amend the Higher Education Act of 1965 to require the disclosure of the annual percentage rates applicable to Federal student loans.
USA115th CongressHR-1283| House
| Updated: 3/1/2017
Randy Hultgren
Republican Representative
Illinois
Cosponsors (2)
Education and Workforce Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Transparency in Student Lending Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand disclosure requirements for an institution of higher education (IHE) that participates in the Direct Loan program. Specifically, it requires an IHE to disclose, prior to disbursement, the annual percentage rate applicable to a Direct Loan.
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Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
Education
Higher educationInterest, dividends, interest ratesStudent aid and college costs
To amend the Higher Education Act of 1965 to require the disclosure of the annual percentage rates applicable to Federal student loans.
USA115th CongressHR-1283| House
| Updated: 3/1/2017
Transparency in Student Lending Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand disclosure requirements for an institution of higher education (IHE) that participates in the Direct Loan program. Specifically, it requires an IHE to disclose, prior to disbursement, the annual percentage rate applicable to a Direct Loan.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
Randy Hultgren
Republican Representative
Illinois
Cosponsors (2)
Education and Workforce Committee
Education
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Higher educationInterest, dividends, interest ratesStudent aid and college costs