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S. 3399 · 114th Congress

Transparency in Student Lending Act

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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 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

MKR KirkSponsor
1 cosponsor · 1 R

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

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.

What it does: CRS summary · Introduced in Senate · Sep 27, 2016

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.

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

About this bill and sources

Official title: Transparency in Student Lending Act

Latest action (Sep 27, 2016): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Policy area: Education · Origin: Senate · Introduced: Sep 27, 2016

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

No recorded floor vote found.