Student Financial Assistance Technical Amendments Act of 1982

Summary

Sallie Mae Technical Amendments Act of 1982 - Amends the Higher Education Act of 1965 to extend for two years the waiver of Federal priority over the indebtedness of the Student Loan Marketing Association (Sallie Mae). Limits the maximum Pell Grant a student may receive for academic years 1983-1984 and 1984-1985 to $1,800 or 50 percent of the cost of attendance (as defined for academic year 1982-1983). Authorizes the Secretary of Education to establish or approve separate (from the Pell Grant family contribution schedule) systems of need analysis for academic years 1983-1984 and 1984-1985 for the campus-based programs of supplemental educational opportunity grants, work-study, and direct loans. Carries over the academic year 1982-1983 Pell Grant family contribution schedule into academic year 1983-1984, with specified modifications to be published within 15 days of enactment of this Act. Provides that the academic year 1984-1985 Pell Grant family contribution schedule shall be the same as for academic year 1983-1984, with specified modifications, unless the Secretary of Education publishes in the Federal Register and submits to the Congress a proposed schedule by April 1, 1983, and a final schedule by May 15, 1983. Provides that such final schedule shall take effect unless either House of the Congress adopts a resolution of disapproval by a specified date. Provides for a new proposed schedule to take effect unless another resolution of disapproval is adopted. Requires that a modified family contribution schedule for academic year 1984-1985 be submitted by July 15, 1983, under specified conditions. Carries over for academic years 1983-1984 and 1984-1985 the Pell Grant cost of attendance criteria in effect for academic year 1982-1983. Directs the Secretary to publish changes in amounts allowed as an offset for family size as a consequence of specified modifications of the Pell Grant family contribution schedule, immediately after publication of the Consumer Price Index for June, 1983. Carries over for the July 1, 1983 through June 30, 1984 period of instruction the guaranteed student loan family contribution schedule for the preceding year, with specified modifications. Extends through FY 1983 and 1984 the proportional reduction formula for apportionment to States of appropriations for: (1) supplemental educational opportunity grants; and (2) national direct student loans. Requires specified disclosures of the cost and terms of student loans to borrowers prior to the start of the repayment period. Permits State guaranty agencies, nonprofit institutions, and eligible lenders to consolidate federally insured or guaranteed student loans, upon the request of a borrower whose aggregate outstanding indebtedness reaches specified levels. Provides for an extended repayment period of up to 20 years and the establishment of graduated, income sensitive repayment schedules for such consolidated loans. Sets the maximum annual interest rate at eight percent on the unpaid principal balance of the new, consolidated loan, for any borrower who has received two or more federally insured student loans at nine percent. Requires the State guaranty agency, nonprofit institution, and eligible lender to develop an information program regarding such consolidation of loans. Replaces the ratable reduction formula for Pell Grant awards with a linear reduction formula under which, when there are insufficient appropriations, awards for those with lesser need would be cut by a larger percentage than awards for those with greater need. Directs the National Center for Education Statistics to collect and publish for academic years 1982 through 1985 data on tuition, fees, and room and board charges for institutions included in the Higher Education General Information Survey.

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Timeline

1. 18 August 1982

   Introduced

   Read twice and referred to the Committee on Labor and Human Resources.

   Source: IntroReferral

2. 18 August 1982

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 1 September 1982

   Referred

   Referred to Subcommittee on Education.

   Source: Committee

4. 8 September 1982

   Reported

   Committee on Labor and Human Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.

   Source: Committee

5. 9 September 1982

   Calendars

   Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 777.

   Source: Calendars

6. 9 September 1982

   Reported

   Committee on Labor and Human Resources. Reported to Senate by Senator Stafford with an amendment in the nature of a substitute. With written report No. 97-538.

   Source: Committee

7. 9 September 1982

   Reported

   Committee on Labor and Human Resources. Reported to Senate by Senator Stafford with an amendment in the nature of a substitute. With written report No. 97-538.

   Source: Committee

8. 16 September 1982

   Passed

   Passed Senate with an amendment by Voice Vote.

   Source: Floor

9. 16 September 1982

   Passed

   Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.

   Source: Floor

10. 22 September 1982

    Passed

    Passed House (Amended) by Voice Vote.

    Source: Floor

11. 22 September 1982

    Passed

    Passed/agreed to in House: Passed House (Amended) by Voice Vote.

    Source: Floor

12. 22 September 1982

    ResolvingDifferences

    Considered by House Speaker Appointed Additional Conferees: Simon and Ford (MI).

    Source: ResolvingDifferences

13. 22 September 1982

    Floor

    Called up by House by Unanimous Consent.

    Source: Floor

14. 22 September 1982

    ResolvingDifferences

    House Requested a Conference and Speaker Appointed Conferees: Simon, Andrews, Peyser, Weiss, Gaydos, Perkins, Eckart, Coleman, Erlenborn, Erdahl, DeNardis, Bailey (MO).

    Source: ResolvingDifferences

15. 22 September 1982

    ResolvingDifferences

    House Insisted on its Amendments by Unanimous Consent.

    Source: ResolvingDifferences

16. 22 September 1982

    NotUsed

    Resolving differences -- House actions: House Insisted on its Amendments by Unanimous Consent.

    Source: NotUsed

17. 23 September 1982

    Passed

    Conferees agreed to file conference report.

    Source: ResolvingDifferences

18. 23 September 1982

    Passed

    Senate disagreed to House amendments. By Voice Vote.

    Source: Floor

19. 23 September 1982

    Passed

    Resolving differences -- Senate actions: Senate disagreed to House amendments. By Voice Vote.

    Source: NotUsed

20. 23 September 1982

    Passed

    Conference committee actions: Conferees agreed to file conference report.

    Source: ResolvingDifferences

21. 27 September 1982

    ResolvingDifferences

    Conference report S. Rept. 97-589 filed in Senate by Senator Hatch on the disagreeing votes of the two Houses.

    Source: ResolvingDifferences

22. 27 September 1982

    NotUsed

    Resolving differences -- Senate actions: Senate receded from its disagreement to House Amendment to the title. By Voice Vote.

    Source: NotUsed

23. 27 September 1982

    Passed

    Conference report agreed to in Senate: Senate agreed to conference report by Voice Vote.

    Source: ResolvingDifferences

24. 27 September 1982

    ResolvingDifferences

    Conference report filed: Conference report S. Rept. 97-589 filed in Senate by Senator Hatch on the disagreeing votes of the two Houses.

    Source: ResolvingDifferences

25. 28 September 1982

    ResolvingDifferences

    Conference Report 97-887 Filed in House.

    Source: ResolvingDifferences

26. 28 September 1982

    ResolvingDifferences

    Conference report filed: Conference Report 97-887 Filed in House.

    Source: ResolvingDifferences

27. 29 September 1982

    Passed

    House Agreed to Conference Report by Voice Vote.

    Source: ResolvingDifferences

28. 29 September 1982

    Passed

    Conference report agreed to in House: House Agreed to Conference Report by Voice Vote.

    Source: ResolvingDifferences

29. 1 October 1982

    Floor

    Presented to President.

    Source: Floor

30. 1 October 1982

    President

    Presented to President.

    Source: President

31. 1 October 1982

    Floor

    Measure Signed in Senate.

    Source: Floor

32. 13 October 1982

    Became law

    Became Public Law No: 97-301.

    Source: President

33. 13 October 1982

    Became law

    Signed by President.

    Source: BecameLaw

34. 13 October 1982

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

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

Documents

6 official files

• Public Law (PDF)

  Public Law · EN · 14 October 1982

  ViewDownloadOpen at official source

• Conference report filed in Senate

  summary · EN · 27 September 1982

  Open at official source

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• Passed House amended

  summary · EN · 22 September 1982

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• Passed Senate amended

  summary · EN · 16 September 1982

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• Reported to Senate with amendment(s)

  summary · EN · 9 September 1982

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• Introduced in Senate

  summary · EN · 18 August 1982

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Sponsors

• Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
• Sen. Stafford, Robert T. [R-VT] · R · Sponsor
• Sen. Pell, Claiborne [D-RI] · D · Sponsor
• Sen. Randolph, Jennings [D-WV] · D · Sponsor
• · sshr00 · Standing

Related records

• related to → A bill to require a separate family contribution schedule for Pell Grants for academic years 1983-1984 and 1984-1985, to establish restrictions upon the contents of such schedule, and for other purposes.

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