HR 2981 · 105th Congress · Education
Student Loan Protection Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.(1997-12-10)
Plain Language Summary
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Student Loan Protection Act - Amends the Higher Education Act of 1965 to revise provisions for financial guarantees for student aid program institutional eligibility and certification to: (1) add a penalty for willful failure to refund unearned institutional charges; (2) require certain financial guarantees for provisional certification of a proprietary institution of higher education; and (3) require notification of the change in filing status of an institution from for-profit to nonprofit ownership.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
3 Democrats