S.707 - Student Loan Affordability Act of 2013

A bill to amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans. as introduced.
  • Short: Student Loan Affordability Act of 2013 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
04/11/13
 
 
 
 
 
 
 

Sponsor

Senator

John Reed

D-RI

View Co-Sponsors (12)

Official Summary

Student Loan Affordability Act of 2013 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to extend the 3.4% interest rate on Federal Direct Stafford loans to loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2015.




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