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H.R.6698 - Preventing Student Loan Discrimination Act

To provide for nondiscrimination by eligible lenders in the Robert T. Stafford Federal Student Loan Program. view all titles (2)

All Bill Titles

  • Short: Preventing Student Loan Discrimination Act as introduced.
  • Official: To provide for nondiscrimination by eligible lenders in the Robert T. Stafford Federal Student Loan Program. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
07/31/08
 
 
 
 
 
 
 

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 education program length or attendance at a particular school participating in the FFEL program.

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