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H.R. 4119 115th Congress House

Student Loan Disclosure Modernization Act

Official title: To amend the Higher Education Act of 1965 to direct the Secretary of Education to develop a plain language disclosure form for borrowers of Federal student loans, and for other purposes.

Introduced: October 25, 2017 See on congress.gov
Education Congressional oversightHigher educationInterest, dividends, interest ratesStudent aid and college costs
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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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 Latest action October 25, 2017

Referred to the House Committee on Education and the Workforce.

 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 12
All 12 Democratic 1 Republican 2
Yoder, Kevin
· Mar 20, 2018
 R
Banks, Jim
Indiana · Oct 31, 2017
Hunter, Duncan
· Oct 31, 2017
Mitchell, Paul
· Oct 31, 2017
Rokita, Todd
· Oct 31, 2017
Brooks, Susan
· Oct 25, 2017
 D
Cleaver, Emanuel
Missouri · Oct 25, 2017
Ferguson, A.
· Oct 25, 2017
Garrett, Thomas
· Oct 25, 2017
Hultgren, Randy
· Oct 25, 2017
Lewis, Jason
· Oct 25, 2017
 R
Stefanik, Elise M.
New York · Oct 25, 2017
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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