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HR 1425 109th Congress House Education College administration Cost control Cost effectiveness Economics and Public Finance Education of the disadvantaged Federal aid to education Federally-guaranteed loans Finance and Financial Sector Government lending Higher education Scholarships Social Welfare Student loan funds

Student Aid Reward Act of 2005

Introduced: March 17, 2005 See on congress.gov
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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
Apr 18, 2005
Referred to the Subcommittee on 21st Century Competitiveness.
Mar 17, 2005
Referred to the House Committee on Education and the Workforce.
Mar 17, 2005
Introduced in House
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 Plain-English summary Congressional Research Service

Student Aid Reward Act of 2005 - Amends the Higher Education Act of 1965 (HEA) title IV (Student Assistance) to direct the Secretary of Education to carry out a Student Aid Reward (SAR) Program of payments to institutions of higher education (IHEs) to encourage them to participate in the student loan program under title IV that is most cost-effective for taxpayers.

Requires that a SAR payment to an IHE equal at least 50 percent of the savings to the Federal Government generated by the IHE's participation in the most cost-effective student loan program, rather than one not cost-effective for taxpayers.

Requires IHEs receiving SAR payments to: (1) provide student loans under that most cost-effective program for five years after the payment date; and (2) use payment funds, where appropriate, to supplement students Pell Grants. Allows such funds to be used also to award need-based grants to lower and middle income graduate students.

What's happening now April 18, 2005

Referred to the Subcommittee on 21st Century Competitiveness.

 Related & companion bills 1
  • S 754 Related bill Student Aid Reward Act of 2005
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 18
All 18 Democratic 11 Republican 1 Independent 1
D
Bishop, Sanford D.
Georgia · Jun 6, 2006
 D
Pallone, Frank
New Jersey · May 10, 2006
 D
McGovern, James P.
Massachusetts · May 8, 2006
 D
Lofgren, Zoe
California · May 2, 2006
 D
Matsui, Doris O.
California · Mar 30, 2006
 R
Smith, Christopher H.
New Jersey · Jun 14, 2005
BROWN, HENRY
· Mar 17, 2005
 D
Doggett, Lloyd
Texas · Mar 17, 2005
ETHERIDGE, BOB
· Mar 17, 2005
KILPATRICK, CAROLYN
· Mar 17, 2005
 D
McCollum, Betty
Minnesota · Mar 17, 2005
 D
Moore, Gwen
Wisconsin · Mar 17, 2005
 D
Pelosi, Nancy
California · Mar 17, 2005
 I
Sanders, Bernard
Vermont · Mar 17, 2005
 D
Schakowsky, Janice D.
Illinois · Mar 17, 2005
 D
Van Hollen, Chris
Maryland · Mar 17, 2005
Watson, Diane
· Mar 17, 2005
WU, DAVID
· Mar 17, 2005
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1425: Student Aid Reward Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-1425/
MLA
"H.R. 1425: Student Aid Reward Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-1425/.
Bluebook (legal)
H.R. 1425, 109th Cong. (2026), https://openamerica.io/bill/109-HR-1425/.
Markdown link
[H.R. 1425: Student Aid Reward Act of 2005](https://openamerica.io/bill/109-HR-1425/)
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