United States · Bill · HR
H.R. 2968 (115th)
Know Your Repayment Options Act
Introduced
20 June 2017
Last action
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Status
Referred to the House Committee on Education and the Workforce.
Sponsors
—
Subjects
Discovery layer
Source updated
11 August 2025
Summary
Know Your Repayment Options Act This bill amends the Higher Education Act of 1965 to require the Department of Education (ED) to annually give federal student loan borrowers who have graduated or departed from school detailed information, including monthly amount and lifetime payment amount, for each repayment option available to the borrower. To provide this individualized information to borrowers, ED must establish a process for annual verification of the borrower's annual income and the outstanding balance of principal and interest due on federal loans. Borrowers may opt out of being provided this information.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 20 June 2017
Introduced in House (PDF)
Introduced in House · EN · 20 June 2017
Introduced in House
summary · EN · 20 June 2017
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/2968
- Open data entity: https://api.congress.gov/v3/bill/115/hr/2968