HR 2981 · 105th Congress · Education

Student Loan Protection Act

Introduced 1997-11-09· Sponsored by Rep. Allen, Thomas H. [D-ME-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.(1997-12-10)

Plain Language Summary

[AI summary unavailable — showing source text] 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