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United States · Bill · HR

H.R. 5577 (113th)

To amend the Higher Education Act of 1965 to eliminate origination fees for Federal Direct Loans.

referredUnited States· United States Congress· EN

Introduced

18 September 2014

Last action

17 November 2014 · Referred

Status

Referred to the Subcommittee on Higher Education and Workforce Training.

Sponsors

Rep. Davis, Susan A. [D-CA-53]

Subjects

Education

Source updated

23 March 2026

Education

Summary

Expresses the sense of Congress that no origination fees should be charged on any future loans under the William D. Ford Federal Direct Loan program. (Origination fees are the fees lenders charge for processing new loan applications.) Amends title IV (Student Assistance) of the Higher Education Act of 1965 to repeal the Secretary of Education's authority to charge an origination fee on a Direct Loan first disbursed, or, in the case of a Direct Consolidation Loan, for which an application is received, on or after July 1, 2015.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 18 September 2014

    Introduced

    Referred to the House Committee on Education and the Workforce.

    Source: IntroReferral

  2. 18 September 2014

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 18 September 2014

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 17 November 2014

    Referred

    Referred to the Subcommittee on Higher Education and Workforce Training.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 18 September 2014

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 18 September 2014

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 18 September 2014

    Open at official source

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Sponsors

Related records

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Sources

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