S.2612: Dynamic Repayment Act of 2014

About This Bill

  • Introduced July 16, 2014
  • Latest Major Action July 16, 2014

Bill Sponsor

Bill Cosponsor

Bill Summary

Dynamic Repayment Act of 2014 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 (HEA) to make students ineligible to receive William D. Ford Federal Direct Loans (DLs) on or after July 1, 2015. Makes certain exceptions for student borrowers who have an outstanding balance on their DLs or Federal Family Education Loans (FFELs) as of that date and who later apply for a Direct Unsubsidized, PLUS, or Consolidation Loan....

(Source: Library of Congress)

Bill Actions

Date Description
July 16, 2014
Read twice and referred to the Committee on Finance.
July 16, 2014

Introduced in the Senate by Mark Warner (D-Va.)

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