Amendment clarifies that borrower services, including delinquency prevention, default aversion, and loan counseling, are allowed uses of grant funds. The amendment also explicitly authorizes the Department of Education to contract directly with guaranty agencies for funded services.

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Amendment Number
432
Description
Amendment clarifies that borrower services, including delinquency prevention, default aversion, and loan counseling, are allowed uses of grant funds. The amendment also explicitly authorizes the Department of Education to contract directly with guaranty agencies for funded services.
Purpose
An amendment numbered 9 printed in House Report 111-256 to clarify that borrower services, including delinquency prevention, default aversion, and loan counseling, are allowed uses of grant funds. The amendment also explicitly authorizes the Department of Education to contract directly with guaranty agencies for funded services.
Congress
111
Type
HAMDT
Latest Action Date
Sep 17, 2009
Latest Action Text
On agreeing to the Etheridge amendment (A009) Agreed to by voice vote.
Latest Action Time
10:35:59
Submitted Date
Sep 17, 2009
Chamber
House of Representatives
Update Date
Apr 19, 2021
Amendment 432 — Informed