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HR 641 101th Congress House Education Federally-guaranteed loans Higher education Student loan funds

To amend the Higher Education Act of 1965 to permit institutions of higher education to make loans to their students, if such institutions continue to hold such loans until the beginning of the grace…

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To amend the Higher Education Act of 1965 to permit institutions of higher education to make loans to their students, if such institutions continue to hold such loans until the beginning of the grace period of the loan, and for other purposes.

Introduced: January 24, 1989 See on congress.gov
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This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 21, 1989
Referred to the Subcommittee on Postsecondary Education.
Jan 24, 1989
Referred to the House Committee on Education and Labor.
Jan 24, 1989
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Higher Education Act of 1965 to remove certain restrictions on the making of guaranteed loans to their students by institutions of higher education. Permits such institutions to make loans to their students if the institutions continue to hold such loans until the beginning of the loan grace period (i.e. when the borrower ceases to carry at least one-half the normal full-time academic workload).

What's happening now February 21, 1989

Referred to the Subcommittee on Postsecondary Education.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Kaptur, Marcy
Ohio · Jan 24, 1989
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 641: To amend the Higher Education Act of 1965 to permit institutions of higher education to make loans to their students, if such institutions continue to hold such loans until the beginning of the grace period of the loan, and for other purposes.. 101st Congress. Open America. https://openamerica.io/bill/101-HR-641/
MLA
"H.R. 641: To amend the Higher Education Act of 1965 to permit institutions of higher education to make loans to their students, if such institutions continue to hold such loans until the beginning of the grace period of the loan, and for other purposes.." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-641/.
Bluebook (legal)
H.R. 641, 101st Cong. (2026), https://openamerica.io/bill/101-HR-641/.
Markdown link
[H.R. 641: To amend the Higher Education Act of 1965 to permit institutions of higher education to make loans to their students, if such institutions continue to hold such loans until the beginning of the grace period of the loan, and for other purposes.](https://openamerica.io/bill/101-HR-641/)
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