College Loan Assistance Act of 2003

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

D DeLauroSponsor

53 cosponsors · 49 D, 3 R, 1 I

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

College Loan Assistance Act of 2003 - Amends the Higher Education Act of 1965 to revise student aid requirements for student loans and Pell Grants.

What it does: CRS summary · Introduced in House · Jun 18, 2003

College Loan Assistance Act of 2003 - Amends the Higher Education Act of 1965 to revise student aid requirements for student loans and Pell Grants.

Allows refinancing of student consolidation loans under the Federal Family Education Loan (FFEL) program. Reduces the amount of a cap on interest rate under the FFEL program.

Extends authority for the Pell Grant program. Increases the maximum amount of an individual Pell Grant award to $7,000 for each of academic years 2004-2005 and 2005-2006.

Prohibits eligible lenders or the Secretary of Education from collecting origination fees from borrowers, under the FFEL or the Federal direct loan program, for any loan made on or after the first July 1 after the date of enactment of the Student Loan Relief Act of 2003 (sic).

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: College Loan Assistance Act of 2003

Latest action (Jul 21, 2003): Referred to the Subcommittee on 21st Century Competitiveness.

Policy area: Education · Origin: House · Introduced: Jun 18, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.