State Loan Access and Student Protection Act
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
State Loan Access and Student Protection Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to exempt certain state education loans from the requirement that when an institution of higher education (IHE) recommends, promotes, or endorses such loans, there need to be at least two unaffiliated lenders of those loans on the school's preferred lender list.
Conditions that exemption on the IHE:
- only recommending, promoting, or endorsing such loans by providing students and families with information about the loans and providing financial aid packages that include such loans to students who have previously been awarded such loans;
- using a form, to be developed by the Secretary of Education, to disclose the terms and conditions of such loans to borrowers and compare them to the terms and conditions of Direct loans under part D (William D. Ford Federal Direct Loan Program) of title IV;
- placing such loans on their preferred list only if the loans' terms and conditions are at least as favorable as the terms and conditions on Direct loans; and
- prominently disclosing to borrowers the methods and criteria it used in deciding to recommend, promote, or endorse such loans.
Referred to the Subcommittee on Higher Education and Workforce Training.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3371: State Loan Access and Student Protection Act. 113th Congress. Open America. https://openamerica.io/bill/113-HR-3371/
"H.R. 3371: State Loan Access and Student Protection Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-3371/.
H.R. 3371, 113th Cong. (2026), https://openamerica.io/bill/113-HR-3371/.
[H.R. 3371: State Loan Access and Student Protection Act](https://openamerica.io/bill/113-HR-3371/)