Student Loan Fairness Act of 2003

Fact Sheet API

Bill Number

HR 2711

Introduced

Jul 10, 2003

Latest Action

Referred to the Subcommittee on 21st Century Competitiveness.

Sponsor

Cosponsors

Topics

Commerce Consumer education Debtor and creditor Economics and Public Finance Education Federally-guaranteed loans Fees Finance and Financial Sector Government lending Government Operations and Politics Government paperwork Higher education Interest rates Student loan funds

Full Text

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Votes

Summary

Student Loan Fairness Act of 2003 - Amends the Higher Education Act of 1965 to revise student aid requirements for consolidation loans.

Repeals a prohibition against refinancing consolidation loans.

Allows borrowers to select lenders of consolidation loans. Requires lenders and institutions to provide certain information on consolidation loans to applicants.

Revises interest rates on consolidated and reconsolidated loans.

Actions

Jul 28, 2003

Referred to the Subcommittee on 21st Century Competitiveness.
Jul 10, 2003

Referred to the House Committee on Education and the Workforce.
Jul 10, 2003

Introduced in House

Amendments

Related Bills