legislation: 113-hr-5577

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
113-hr-5577 113 hr 5577 To amend the Higher Education Act of 1965 to eliminate origination fees for Federal Direct Loans. Education 2014-09-18 2014-11-17 Referred to the Subcommittee on Higher Education and Workforce Training. House Rep. Davis, Susan A. [D-CA-53] CA D D000598 0 Expresses the sense of Congress that no origination fees should be charged on any future loans under the William D. Ford Federal Direct Loan program. (Origination fees are the fees lenders charge for processing new loan applications.) Amends title IV (Student Assistance) of the Higher Education Act of 1965 to repeal the Secretary of Education's authority to charge an origination fee on a Direct Loan first disbursed, or, in the case of a Direct Consolidation Loan, for which an application is received, on or after July 1, 2015. 2023-01-11T13:25:34Z  

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