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HR 2981 105th Congress House

Student Loan Protection Act

Official title: To amend the Higher Education Act of 1965 relating to financial responsibility for refunds and during provisional certification and change of ownership.

Introduced: March 4, 1998 See on congress.gov
Education Accreditation (Education)Collection of accountsEconomics and Public FinanceFederal aid to higher education
More subjectsShow fewer subjects
Federally-guaranteed loansFinance and Financial SectorGovernment Operations and PoliticsGovernment paperworkHigher educationLawLiability (Law)Student loan fundsSurety and fidelity
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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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 10, 1997
Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
Nov 10, 1997
Sponsor introductory remarks on measure. (CR E2301-2302)
Nov 9, 1997
Referred to the House Committee on Education and the Workforce.
Nov 9, 1997
Introduced in House
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 Latest action December 10, 1997

Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.

 Plain-English summary Congressional Research Service

Student Loan Protection Act - Amends the Higher Education Act of 1965 to revise provisions for financial guarantees for student aid program institutional eligibility and certification to: (1) add a penalty for willful failure to refund unearned institutional charges; (2) require certain financial guarantees for provisional certification of a proprietary institution of higher education; and (3) require notification of the change in filing status of an institution from for-profit to nonprofit ownership.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Lofgren, Zoe
California · Mar 4, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2981: Student Loan Protection Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-2981/
MLA
"H.R. 2981: Student Loan Protection Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-2981/.
Bluebook (legal)
H.R. 2981, 105th Cong. (2026), https://openamerica.io/bill/105-HR-2981/.
Markdown link
[H.R. 2981: Student Loan Protection Act](https://openamerica.io/bill/105-HR-2981/)
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