To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

Fact Sheet API

Bill Number

HR 3826

Introduced

Jan 25, 2012

Latest Action

Referred to the Subcommittee on Higher Education and Workforce Training.

Sponsor

Cosponsors

Topics

Education Government lending and loan guarantees Higher education Interest, dividends, interest rates Student aid and college costs

Full Text

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Votes

Summary

Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students on or after July 1, 2012.

Actions

Mar 29, 2012

Referred to the Subcommittee on Higher Education and Workforce Training.
Jan 25, 2012

Referred to the House Committee on Education and the Workforce.
Jan 25, 2012

Introduced in House

Amendments

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