United States · Bill · HR
H.R. 4119 (115th)
Student Loan Disclosure Modernization Act
Introduced
25 October 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
Student Loan Disclosure Modernization Act This bill amends the Higher Education Act of 1965 to require the student loan disclosure forms under the Federal Family Education Loan Program to include the annual percentage rate applicable to the loan. In addition, the bill requires the student loan disclosure forms under the William D. Form Federal Direct Loan Program to be written in plain language to enable borrowers to understand loan terms, total costs of loans, and estimated monthly repayments. Direct loans may not be issued to borrowers unless they acknowledge in writing that they have read the form.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 25 October 2017
Introduced in House (PDF)
Introduced in House · EN · 25 October 2017
Introduced in House
summary · EN · 25 October 2017
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/115th-congress/house-bill/4119
- Open data entity: https://api.congress.gov/v3/bill/115/hr/4119