U.S. Congress - H.R.5715 Ensuring Continued Access to Student Loans Act of 2008
H.R.5715 - Ensuring Continued Access to Student Loans Act of 2008
To ensure continued availability of access to the Federal student loan program for students and families. view all titles (6)
All Bill Titles
- Short: Ensuring Continued Access to Student Loans Act of 2008 as passed senate.
- Short: Ensuring Continued Access to Student Loans Act of 2008 as enacted.
- Short: Ensuring Continued Access to Student Loans Act of 2008 as introduced.
- Short: Ensuring Continued Access to Student Loans Act of 2008 as reported to house.
- Short: Ensuring Continued Access to Student Loans Act of 2008 as passed house.
- Official: To ensure continued availability of access to the Federal student loan program for students and families. as introduced.
| Latest Amendment | Status | Purpose View All Amendments [5] |
|---|---|---|
| H.Amdt1004 | Pass | An amendment numbered 1 printed in House Report 110-590 to make technical and conforming changes; state that loan limit increases available under this Act are available only to students meeting the requirements of section 484(a) of the HEA; target the loan limit increases to those students and families in most need; in regard to school-wide lender-of-last-resort eligibility, specifies that the Secretary of Education shall determine whether a school qualifies and provides criteria for the Secretary to consider in making the determination; specifies that funds received by lenders from loan sales be used to originate new loans; clarifiy that the Secretary has the authority to enter into forward commitments to purchase new loans; and clarifies that, at the discretion of the Secretary, a loan purchased by the Secretary may continue to be serviced by the current lender. |
| H.Amdt1005 | Offered | An amendment numbered 2 printed in House Report 110-590 to require the Secretary of Education to review and revise as necessary the regulations concerning prohibited guaranty agency inducements to eligible lenders. |
| H.Amdt1006 | Pass | An amendment numbered 3 printed in House Report 110-590 to require the General Accountability Office to conduct a study of the impact of raising loan limits on (1) tuition, fees, and room and board at institutions of higher education; and (2) private loan borrowing for attendance at institutions of higher education. |
| Latest Actions View All Actions [44] | |
|---|---|
| Apr 7th | |
| Apr 7th | Referred to the House Committee on Education and Labor. |
| Apr 8th | Committee Consideration and Mark-up Session Held. |
Latest Vote
Result: Passed - May 01, 2008
Roll call number 239 in the House
Question: Suspend Rules and Agree to Senate Amendments: H R 5715 Ensuring Continued Access to Student Loans Act
Required percentage of 'Aye' votes: 2/3 (66%)
Percentage of 'aye' votes:
90%
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