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Bill > S834


MA S834

Relative to late fees for no interest student loans


summary

Introduced
03/29/2021
In Committee
04/07/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to late fees for no interest student loans. Higher Education.

AI Summary

This bill prohibits the Massachusetts Department of Higher Education and the Office of Student Financial Assistance from applying late fees to no-interest student loans issued under a specific provision of state law from March 10, 2021 to December 31, 2022. It also requires the refund of any late fees paid on these loans during that time period within 30 days of the bill's effective date.

Committee Categories

Education

Sponsors (2)

Last Action

Accompanied a study order, see S2822 (on 04/11/2022)

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