Legislators
Bills
Statements
Represent

H.R.1498: To extend the interest rate for Federal Direct Stafford Loans.

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about education
You can read the bill
Sponsor Hakeem Jeffries, D-N.Y.
Total Cosponsors 21 (All Democrats)
Introduced April 11, 2013
Latest Major Action July 8, 2013
See it on GovTrack
See it on C-SPAN

Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Amends title IV (Student Assistance) of the Higher Education Act of 1965 to extend the 3.4% interest rate on Federal Direct Stafford loans to loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2014.

(Source: Congressional Research Service)

Bill Actions

Date Description
July 8, 2013 Referred to the Subcommittee on Higher Education and Workforce Training.
April 11, 2013 Referred to the House Committee on Education and the Workforce.