HOUSE 1283115th CongressReferred to the House Committee on Education and the Workforce.

Transparency in Student Lending Act

Last Action: 3/1/2017

Actions

2017-03-01Referred to the House Committee on Education and the Workforce.
2017-03-01Introduced in House
2017-03-01Introduced in House

CRS Summary

As of 2017-03-01 (00)

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.

Cosponsors (2)

David Scott (D-GA)
Luke Messer (R-IN)

Subjects

Higher education
Interest, dividends, interest rates
Student aid and college costs

Read on Congress.gov

Sourced from Congress.gov (public domain).

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