A bill to amend the Higher Education Act of 1965 to require the Commissioner of Education to make payments of interest for eligible students within 30 days of receipt of a proper voucher.

referredUnited States· United States Congress· EN

Introduced

5 April 1976

Last action

—

Status

Referred to Senate Committee on Labor and Public Welfare.

Summary

Amends the Higher Education Act of 1965 to require the Commissioner of Education to make Federal interest subsidy and administrative cost allowance payments to holders of loans under such Act on behalf of the borrower within 30 days of receipt by the Commissioner of an itemized voucher in such form as the Commissioner shall by regulation prescribe.

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Documents

1 official file

Introduced in Senate
summary · EN · 5 April 1976
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/senate-bill/3246
Open data entity: https://api.congress.gov/v3/bill/94/s/3246