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HR 5838 114th Congress House

Transparency in Student Lending Act

Official title: To amend the Higher Education Act of 1965 to require the disclosure of the annual percentage rates applicable to Federal student loans.

Introduced: July 14, 2016 See on congress.gov
Education Higher educationInterest, dividends, interest ratesStudent aid and college costs
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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
Sep 19, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
Jul 14, 2016
Referred to the House Committee on Education and the Workforce.
Jul 14, 2016
Introduced in House
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 Latest action September 19, 2016

Referred to the Subcommittee on Higher Education and Workforce Training.

 Plain-English summary Congressional Research Service

Transparency in Student Lending Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to expand disclosure requirements for an institution of higher education (IHE) that participates in the Direct Loan program. Specifically, it requires an IHE to disclose, in federal student loan application materials, the annual percentage rate applicable to a Direct Loan.

 Related & companion bills 1
  • S 3399 Related bill Transparency in Student Lending Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 1
Pearce, Stevan
· Sep 15, 2016
Carney, John
· Jul 14, 2016
Messer, Luke
· Jul 14, 2016
 D
Scott, David
Georgia · Jul 14, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5838: Transparency in Student Lending Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5838/
MLA
"H.R. 5838: Transparency in Student Lending Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5838/.
Bluebook (legal)
H.R. 5838, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5838/.
Markdown link
[H.R. 5838: Transparency in Student Lending Act](https://openamerica.io/bill/114-HR-5838/)
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