Senate
Apr 29, 2021

Know Before You Owe Federal Student Loan Act of 2021

Summary

Official

Know Before You Owe Federal Student Loan Act of 2021 This bill expands lender disclosure requirements and revises loan counseling requirements. First, the bill requires a lender to provide a quarterly statement to a Federal Family Education Loan or Direct Loan borrower during a period when loan payments are not required. The statement must include...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(4/29/21)
Committee
Passed House
Passed Senate
President
Law

Sponsor

CG

Mr. Grassley

Senate (R) Iowa

Cosponsors (2)

Topics

Latest Action

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Apr 29, 2021