S 3399 · 114th Congress · Education

Transparency in Student Lending Act

Introduced 2016-09-27· Sponsored by Sen. Kirk, Mark Steven [R-IL]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2016-09-27)

Plain Language Summary

[AI summary unavailable — showing source text] 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, prior to disbursement, the annual percentage rate applicable to a Direct Loan.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Sen. Enzi, Michael B. [R-WY]WY