To amend the Higher Education Act of 1965 to require the disclosure of the annual percentage rates applicable to Federal student loans.
United States115th CongressHR-1283House of Representatives
Updated: Mar 1, 2017
Summary
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.
Bill texts
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Timeline
Latest companion bill action
S-749: A bill to amend the Higher Education Act of 1965 to require the disclosure of the annual percentage rates applicable to Federal student loans.Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in House
Referred to the House Committee on Education and the Workforce.
House of Representatives
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