Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · S

S. 2815 (110th)

Strengthening Student Aid for All Act

referredUnited States· United States Congress· EN

Introduced

3 April 2008

Last action

3 April 2008 · Introduced

Status

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S2442-2443)

Sponsors

Sen. Kennedy, Edward M. [D-MA], Sen. Sanders, Bernard [I-VT], Sen. Murray, Patty [D-WA], Sen. Dodd, Christopher J. [D-CT], Sen. Reed, Jack [D-RI], Sen. Levin, Carl [D-MI]

Subjects

Education

Source updated

14 August 2025

Education

Official sourceDownload fileView documentsShare

Summary

Strengthening Student Aid for All Act - Amends the Higher Education Act of 1965 to increase the maximum annual and aggregate unsubsidized Stafford loan amounts that may be provided to undergraduate students under the Federal Family Education Loan (FFEL) program. Allows parents of dependent students to defer PLUS FFEL principal repayment until such students cease to be enrolled as undergraduates on at least a half-time basis. Directs the Secretary of Education to act as the secondary market of last resort for FFELs, until July 2009, by purchasing such loans from lenders who cannot sell them in the private financial markets and thereby raise the capital needed to make new loans. Permits the Secretary to act in such capacity after such date if economic conditions threaten timely, uninterrupted access to student loans. Changes title IV need analyses by allowing the calculation of a negative expected family contribution. Increases the Pell Grant available to students whose expected family contribution is a negative number. Allows institutions of higher education (IHEs) to participate in the FFEL lender-of-last-resort program, thereby requiring guaranty agencies serving as lenders of last resort to make FFELs to students of such IHEs regardless of their ability to otherwise obtain such loans. Authorizes the Secretary to advance needed funds to guaranty agencies acting as lenders of last resort in such situations.

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

Timeline

  1. 3 April 2008

    Introduced

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S2442-2443)

    Source: IntroReferral

  2. 3 April 2008

    Introduced

    Sponsor introductory remarks on measure. (CR S2440-2442)

    Source: IntroReferral

  3. 3 April 2008

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in Senate (text)

    Introduced in Senate · EN · 3 April 2008

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 3 April 2008

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in Senate

    summary · EN · 3 April 2008

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.