H.R.1425: Student Aid Reward Act of 2005

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about education
  • Introduced March 17, 2005
  • Latest Major Action April 18, 2005

Bill Sponsor

Bill Cosponsors

63 (56 Democrats, 1 Independent Democrat, 7 Republicans)

Bill Summary

Student Aid Reward Act of 2005 - Amends the Higher Education Act of 1965 (HEA) title IV (Student Assistance) to direct the Secretary of Education to carry out a Student Aid Reward (SAR) Program of payments to institutions of higher education (IHEs) to encourage them to participate in the student loan program under title IV that is most cost-effective for taxpayers. Requires that a SAR payment to an IHE equal at least 50 percent of the savings...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Education and the Workforce.
Referred to the Subcommittee on 21st Century Competitiveness.
March 17, 2005

Introduced in the House by Tom Petri (R-Wis.)

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