S 2051
112th Congress
Senate
Education
Government lending and loan guarantees
Higher education
Interest, dividends, interest rates
Student aid and college costs
A bill to amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.
Introduced: January 31, 2012
Introduced by:
Reed, Jack
Democratic
· Rhode Island
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 31, 2012
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jan 31, 2012
Sponsor introductory remarks on measure. (CR S212-213)
Jan 31, 2012
Introduced in Senate
Plain-English summary
Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students on or after July 1, 2012.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1