S.897: Bank on Students Loan Fairness Act

About This Bill

  • This bill was introduced in the 113th Congress
  • This bill is primarily about education
  • Introduced May 8, 2013
  • Latest Major Action May 8, 2013

Bill Summary

Bank on Students Loan Fairness Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Board of Governors of the Federal Reserve System to provide the Secretary of Education, from the combined earnings of the Federal Reserve System, with the amount the Secretary determines to be reasonably necessary to award Direct Stafford Loans during the award year beginning July 1, 2013, to all eligible students...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 3 statements associated with S.897.

Bill Actions

Date Description
May 8, 2013
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
May 8, 2013

Introduced in the Senate by Elizabeth Warren (D-Mass.)

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