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United States · Law · S

S. 1762 (107th)

A bill to amend the Higher Education Act of 1965 to establish fixed interest rates for student and parent borrowers, to extend current law with respect to special allowances for lenders, and for other purposes.

enactedUnited States· United States Congress· EN

Introduced

4 December 2001

Last action

Status

Became Public Law No: 107-139.

Sponsors

Subjects

Discovery layer

Source updated

21 April 2025

Summary

Amends of the Higher Education Act of 1965 (HEA) to set fixed interest rates for new loans to students or parents on or after July 1, 2006. Extends current interest rate provisions for loans with a first disbursement (or a consolidation loan application received) before such date. Extends provisions for special allowances for lenders, but limits payment of special allowances for PLUS loans on or after such date.

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Documents

12 official files

Enrolled Bill (text)

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Sources

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