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 period of the loan, and for other purposes.
Introduced: January 24, 1989
See on congress.gov
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
Plain-English summary
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
Referred to the Subcommittee on Postsecondary Education.
Committees of jurisdiction
2
Cosponsors
1