Guaranteed Student Loan Assistance Amendments of 1982

Summary

Guaranteed Student Loan Assistance Amendments of 1982 - Amends title IV, part B (Federal, State, and Private Programs of Low-Interest Insured Loans to Students in Institutions of Higher Education) to require eligible institutions to provide the lender with a statement evidencing a determination of need for a loan and the amount of such need in order for a student to qualify for a portion of an interest payment under the guaranteed student loan program. (Currently, such a statement of need is required only for a student whose family has an adjusted gross income greater than $30,000.) Repeals provisions which provided that an amount of need between $500 and $1,000 would qualify a student for a $1,000 loan under the guaranteed student loan program.

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1 official file

• Introduced in Senate

  summary · EN · 1 October 1982

  Open at official source

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