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S. 3399

Transparency in Student Lending Act

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.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Kirk, Mark Steven [R-IL](R-IL)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions1related bills3subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

Transparency in Student Lending Act — Informed