S.3141 - Preventing Student Loan Discrimination Act

A bill to provide for nondiscrimination by eligible lenders in the Federal Family Education Loan Program. view all titles (2)

All Bill Titles

  • Official: A bill to provide for nondiscrimination by eligible lenders in the Federal Family Education Loan Program. as introduced.
  • Short: Preventing Student Loan Discrimination Act as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
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06/17/08
 
 
 
 
 
 
 

Official Summary

Preventing Student Loan Discrimination Act - Amends the Higher Education Act of 1965 to prohibit lenders under the Federal Family Education Loan (FFEL) program from receiving special allowance payments (made to such lenders to compensate them for the difference between FFEL interest rates a

Official Summary

Preventing Student Loan Discrimination Act - Amends the Higher Education Act of 1965 to prohibit lenders under the Federal Family Education Loan (FFEL) program from receiving special allowance payments (made to such lenders to compensate them for the difference between FFEL interest rates and market rates) if they deny FFELs to eligible borrowers because of their race, sex, color, religion, national origin, age, disability status, income, attendance at a particular school participating in the FFEL program, education program length, or academic year in school.

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