legislation: 114-hr-5481

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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
114-hr-5481 114 hr 5481 Ensure Responsible Borrowing Act Education 2016-06-14 2016-09-19 Referred to the Subcommittee on Higher Education and Workforce Training. House Rep. Salmon, Matt [R-AZ-5] AZ R S000018 1 Ensure Responsible Borrowing Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to modify loan counseling requirements for an institution of higher education (IHE) that participates in federal student aid programs. Currently, an IHE must provide one-time entrance counseling to a student who is a first-time Direct Loan (DL) program borrower. This bill allows an IHE to require any student DL program borrower to complete additional counseling on the terms, conditions, and responsibilities of a loan at or prior to its disbursement. Additionally, it requires an IHE to ensure that student and parent DL program borrowers annually accept a loan affirmatively prior to the first disbursement of such loan. 2023-01-11T13:32:47Z  

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