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- H.R.5577
H.R.5577: To amend the Higher Education Act of 1965 to eliminate origination fees for Federal Direct Loans.
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about education
- Introduced Sept. 18, 2014
- Latest Major Action Nov. 17, 2014
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Expresses the sense of Congress that no origination fees should be charged on any future loans under the William D. Ford Federal Direct Loan program. (Origination fees are the fees lenders charge for processing new loan applications.) Amends title IV (Student Assistance) of the Higher Education Act of 1965 to repeal the Secretary of Education's authority to charge an origination fee on a Direct Loan first disbursed, or, in the case of a Direct...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Nov. 17, 2014 |
Referred to the Subcommittee on Higher Education and Workforce Training.
|
| Sept. 18, 2014 |
Referred to the House Committee on Education and the Workforce.
|
| Sept. 18, 2014 |
Introduced in the House by Susan A. Davis (D-Calif.) |