summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
113th Congress
Bill Summary
Stability to Ensure the American Dream for Youth Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to extend the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013, to Direct Stafford loans first disbursed to undergraduate students before July 1, 2017.
AI Summary
This bill, titled the Stability to Ensure the American Dream for Youth Act, amends the Higher Education Act of 1965 to extend a previously established 3.4% interest rate on Federal Direct Stafford Loans. Specifically, it expands this lower interest rate to undergraduate students who receive their first Direct Stafford Loan disbursement before July 1, 2017, a change from the previous cutoff date of July 1, 2013. Federal Direct Stafford Loans are a type of federal student loan available to undergraduate and graduate students to help pay for college expenses.
Committee Categories
Education
Sponsors (6)
Kyrsten Sinema (I)*,
Joe Courtney (D),
Lois Frankel (D),
Ann Kirkpatrick (D),
Patrick Murphy (D),
Mark Pocan (D),
Last Action
Referred to the Subcommittee on Higher Education and Workforce Training. (on 07/08/2013)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/113th-congress/house-bill/1876/all-info | 05/09/2013 |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-113hr1876ih/pdf/BILLS-113hr1876ih.pdf | 05/11/2013 |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-113hr1876ih/pdf/BILLS-113hr1876ih.pdf.pdf | 05/11/2013 |
Loading...