H.R.3002: To amend the Higher Education Act of 1965 to exempt certain small lenders from the audit requirements of the guaranteed student loan program.

About This Bill

Bill Summary

Amends the Higher Education Act of 1965 to exempt from certain annual compliance audit requirements of the guaranteed student loan program those lenders with guaranteed student loan portfolios that do not exceed $10 million.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Economic and Educational Opportunities.
Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
March 4, 1996

Introduced in the House by Thomas W. Ewing (R-Ill.)

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