Student Loan Refinancing Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 2, 2015)
Student Loan Refinancing Act
Amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow a borrower of a loan under the William D. Ford Federal Direct Loan program to modify the interest rate on such a loan so that its interest rate is equal to the interest rate it would bear if first disbursed at the time of modification.
Fixes that interest rate for the life of the loan, unless the borrower elects to modify it again.
What just happenedApr 29, 2015
Referred to the Subcommittee on Higher Education and Workforce Training.
Who’s behind it
- Introduced in HouseFeb 2, 2015
- Apr 29, 2015Committee
Referred to the Subcommittee on Higher Education and Workforce Training.
Higher Education and Workforce Development Subcomittee - Feb 2, 2015IntroReferralH11100
Referred to the House Committee on Education and the Workforce.
Education and the Workforce Committee - Feb 2, 2015IntroReferralIntro-H
Introduced in House
- Feb 2, 2015IntroReferral1000
Introduced in House