HR 531 · 93th Congress · Education

A bill to amend the National Defense Education Act of 1958 to permit a reduction in institution contributions to student loan funds on account of expenditures in administering the program.

Introduced 1973-01-03· Sponsored by Rep. Fuqua, Don [D-FL-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Education and Labor.(1973-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Reduces the required deposit by an institution of higher learning to the student loan fund by an amount equal to the reasonable expenses incurred by such institution in administering its loan program under the National Defense Education Act of 1958. (Amends 20 U.S.C. 424)…

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