PoliticalRepoPoliticalRepo

United States · Law · HR

H.R. 1911 (113th)

Bipartisan Student Loan Certainty Act of 2013

enactedUnited States· United States Congress· EN

Introduced

9 May 2013

Last action

Status

Became Public Law No: 113-28.

Sponsors

Subjects

Discovery layer

Source updated

21 July 2025

Summary

Smarter Solutions for Students Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to set the annual interest rate on Direct Stafford loans and Direct Unsubsidized Stafford loans at the rate on high-yield 10-year Treasury notes plus 2.5%, but caps that rate at 8.5%. Sets the annual interest rate on Direct PLUS loans at the rate on high-yield 10-year Treasury notes plus 4.5%, but caps that rate at 10.5%. Limits the applicability of the preceding provisions to loans first disbursed on or after July 1, 2013. Sets the annual interest rate on Direct Consolidation loans for which an application is received on or after July 1, 2013, at the weighted average of the interest rates on the loans consolidated, rounded to the nearest higher one-eighth of 1%. Provides that the budgetary effects of this Act shall not be entered on specified PAYGO scorecards.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

19 official files

Enrolled Bill (text)

View fileDownload file

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

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