HR 1029
109th Congress
House
Education
Commerce
Consumer education
Debtor and creditor
Economics and Public Finance
Federally-guaranteed loans
Fees
Finance and Financial Sector
Government Operations and Politics
Government lending
Government paperwork
Higher education
Interest rates
Student loan funds
Student Loan Fairness Act of 2005
Introduced: March 1, 2005
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 24, 2005
Referred to the Subcommittee on 21st Century Competitiveness.
Mar 1, 2005
Referred to the House Committee on Education and the Workforce.
Mar 1, 2005
Introduced in House
Plain-English summary
Student Loan Fairness Act of 2005 - Amends the Higher Education Act of 1965 to revise student aid requirements for consolidation loans.
Repeals a prohibition against refinancing consolidation loans.
Allows borrowers to select lenders of consolidation loans. Requires lenders and institutions to provide certain information on consolidation loans to applicants.
Revises interest rates on consolidated and reconsolidated loans.
What's happening now
Referred to the Subcommittee on 21st Century Competitiveness.
Committees of jurisdiction
2