Student Loan Consolidation and Technical Amendments Act of 1983

[AI summary unavailable — showing source text] Student Loan Consolidation and Technical Amendments of 1983 - Amends part B (Federal, State, and Private Programs of Low-Interest Insured Loans to Students in Institutions of Higher Education) of title IV (Student Assistance) of the Higher Education Act of 1965 (HEA) to add new provisions for student loan consolidation. Directs the Secretary of Education to enter into agreements with eligible lenders to provide consolidation loans to eligible borrowers. Provides for such consolidation of student loans made, insured, or guaranteed under part B or under part E (Direct Loans to Students in Institutions of Higher Education). Defines the following as eligible lenders for purposes of such consolidation loan agreements: (1) the Student Loan Marketing Association (Sallie Mae); (2) State and nonprofit institutions and organizations with which the Secretary has agreements under specified student loan provisions of such Act; and (3) other eligible lenders described in specified provisions of such Act. Defines eligible borrowers as those who: (1) either owe $5,000 to two or more lenders or programs under title IV or owe $7,500 to a single lender under part B; and (2) are not delinquent with re…