Ask AI
H.R. 5838

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, in federal student loan application materials, the annual percentage rate applicable to a Direct Loan.

Referred to the Subcommittee on Higher Education and Workforce Training.

Rep. Hultgren, Randy [R-IL-14](R-IL)Sponsor
4 cosponsors2 D2 R
4cosponsors1committees4actions1related bills3subjects
  1. Committee

    Referred to the Subcommittee on Higher Education and Workforce Training.

    Higher Education and Workforce Development Subcomittee
  2. IntroReferralH11100

    Referred to the House Committee on Education and the Workforce.

    Education and the Workforce Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Transparency in Student Lending Act — Informed