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United States · Bill · HR

H.R. 2535 (105th)

Emergency Student Loan Consolidation Act of 1997

referredUnited States· United States Congress· EN

Introduced

24 September 1997

Last action

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Status

Read twice and referred to the Committee on Labor and Human Resources.

Sponsors

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Subjects

Discovery layer

Source updated

21 July 2025

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Summary

Emergency Student Loan Consolidation Act of 1997 - Amends the Higher Education Act of 1965 (HEA) to allow until October 1, 1998, the consolidation, under the Federal Family Education Loan Program (FFELP), of all of a student's loans under both the FFELP and the Direct Loan Program. (Authorizes such consolidation of loans under both programs into single FFELP consolidation loans, which may be administered by entities other than the Department of Education, for an emergency period until October 1, 1998, to provide time to reduce a backlog in processing consolidation of both types of loans into Direct Lending Consolidation loans administered by the Department of Education.) Reduces the amount of certain funds available for administrative expenses under HEA student assistance provisions.

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Documents

10 official files

Referred in Senate (text)

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