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- H.R.3353
H.R.3353: Parent PLUS Loan Improvement Act of 2019
About This Bill
- Introduced June 19, 2019
- Latest Major Action June 19, 2019
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
16 (15 Democrats, 1 Republican)
Bill Version
- Introduced in House - June 19, 2019
Bill Summary
Parent PLUS Loan Improvement Act of 2019 This bill modifies requirements concerning the applicable terms and conditions of Federal Direct PLUS Loans made by parent borrowers (i.e., parent PLUS loans) on behalf of their dependent college students. Specifically, it reduces the interest rate and eliminates the origination fee for a parent PLUS loan disbursed on or after July 1, 2019. The Department of Education must ensure, prior to disbursement,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 19, 2019 |
Referred to the House Committee on Education and Labor.
|
| June 19, 2019 |
Introduced in the House by Marcia L. Fudge (D-Ohio) |