S 749
115th Congress
Senate
Education
Higher education
Interest, dividends, interest rates
Student aid and college costs
Transparency in Student Lending Act
Introduced: March 28, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 28, 2017
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Mar 28, 2017
Introduced in Senate
Plain-English summary
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, prior to disbursement, the annual percentage rate applicable to a Direct Loan.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1