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HR 4119 115th Congress House Education Congressional oversight Higher education Interest, dividends, interest rates Student aid and college costs

Student Loan Disclosure Modernization Act

Introduced: October 25, 2017 See on congress.gov
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 25, 2017
Referred to the House Committee on Education and the Workforce.
Oct 25, 2017
Introduced in House
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 Plain-English summary Congressional Research Service

Student Loan Disclosure Modernization Act

This bill amends the Higher Education Act of 1965 to require the student loan disclosure forms under the Federal Family Education Loan Program to include the annual percentage rate applicable to the loan.

In addition, the bill requires the student loan disclosure forms under the William D. Form Federal Direct Loan Program to be written in plain language to enable borrowers to understand loan terms, total costs of loans, and estimated monthly repayments. Direct loans may not be issued to borrowers unless they acknowledge in writing that they have read the form.

What's happening now October 25, 2017

Referred to the House Committee on Education and the Workforce.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4119: Student Loan Disclosure Modernization Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4119/
MLA
"H.R. 4119: Student Loan Disclosure Modernization Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4119/.
Bluebook (legal)
H.R. 4119, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4119/.
Markdown link
[H.R. 4119: Student Loan Disclosure Modernization Act](https://openamerica.io/bill/115-HR-4119/)
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