To amend the Higher Education Act of 1965 to require lenders of student loans to notify borrowers of any assignment or transfer of their loans, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

1 May 1991

Last action

—

Status

Referred to the Subcommittee on Postsecondary Education.

Summary

Amends the Higher Education Act of 1965 to require each eligible lender to which any loan under the Robert T. Stafford Student Loan Program is assigned or otherwise transferred to notify the borrower of such assignment or transfer within 15 days after it occurs. Requires specified information to be included in such notice.

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Documents

2 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN
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Introduced in House
summary · EN · 1 May 1991
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Sources

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Official source: https://www.congress.gov/bill/102nd-congress/house-bill/2171
Open data entity: https://api.congress.gov/v3/bill/102/hr/2171