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114-hr-5838114th Congress

Transparency in Student Lending Act

Sponsored By: Representative Hultgren, Randy [R-IL-14]

Unknown

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, in federal student loan application materials, the annual percentage rate applicable to a Direct Loan.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Hultgren, Randy [R-IL-14]

IL • R

Cosponsors

  • Rep. Carney, John C., Jr. [D-DE-At Large]

    DE • D

    Sponsored 7/14/2016

  • Rep. Messer, Luke [R-IN-6]

    IN • R

    Sponsored 7/14/2016

  • Rep. Scott, David [D-GA-13]

    GA • D

    Sponsored 7/14/2016

  • Rep. Pearce, Stevan [R-NM-2]

    NM • R

    Sponsored 9/15/2016

Roll Call Votes

No roll call votes available for this bill.

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