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Searching...- Bills
- H.R.1994
H.R.1994: Financial Aid Accountability and Transparency Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about education
- Introduced April 23, 2007
- Latest Major Action July 9, 2007
Bill Sponsor
Bill Cosponsor
Bill Summary
Financial Aid Accountability and Transparency Act of 2007 - Amends the Higher Education Act of 1965 to prohibit an institution of higher education (IHE) from recommending student loan providers unless it has a formal written recommendation policy, publicizes such policy, and recommends a minimum of three unaffiliated lenders. Requires IHEs to disclose to students: (1) that they cannot limit students to recommended lenders and must process the...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Education and Labor
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Referred to House Financial Services
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
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| April 23, 2007 |
Introduced in the House by Howard P. McKeon (R-Calif.) |