Ensure Responsible Borrowing Act

Summary

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.

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Timeline

1. 14 June 2016

   Introduced

   Referred to the House Committee on Education and the Workforce.

   Source: IntroReferral

2. 14 June 2016

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 June 2016

   Introduced

   Introduced in House

   Source: IntroReferral

4. 19 September 2016

   Referred

   Referred to the Subcommittee on Higher Education and Workforce Training.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 14 June 2016 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 June 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 June 2016

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 14 June 2016

  Open at official source

Sponsors

• Rep. Salmon, Matt [R-AZ-5] · R · Sponsor
• Rep. Grothman, Glenn [R-WI-6] · R · Sponsor
• · hsed00 · Standing

Related records

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