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HR 2518 105th Congress House

Student Loan Options Act

Official title: To amend the Higher Education Act of 1965 to increase student options for the consolidation of their student loan obligations, and for other purposes.

Introduced: September 23, 1997 See on congress.gov
Education Economics and Public FinanceEducational financeFederal aid to higher educationFederally-guaranteed loans
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Government lendingGovernment spending reductionsHigher educationStudent loan funds
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 23, 1997
Referred to the House Committee on Education and the Workforce.
Sep 23, 1997
Introduced in House
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 Latest action September 23, 1997

Referred to the House Committee on Education and the Workforce.

 Plain-English summary Congressional Research Service

Student Loan Options Act - Amends the Higher Education Act of 1965 (HEA) to allow two-way consolidation of all of a student's Federal student assistance loans under either the Federal Family Education Loan Program (also known as Federal Stafford or guaranteed loans) or the Federal Direct Loan program.

Reduces the amount of certain funds available for administrative expenses under the HEA student assistance program.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Graham, Lindsey
South Carolina · Sep 30, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2518: Student Loan Options Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-2518/
MLA
"H.R. 2518: Student Loan Options Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-2518/.
Bluebook (legal)
H.R. 2518, 105th Cong. (2026), https://openamerica.io/bill/105-HR-2518/.
Markdown link
[H.R. 2518: Student Loan Options Act](https://openamerica.io/bill/105-HR-2518/)
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