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Assisting Students with Loans Act

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5/23/2013--Introduced. Assisting Students with Loans 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, 20...[more]

Sponsor

  • Rep. Louie Gohmert [R, TX-1]

Sponsor: Rep Louie Gohmert (R-TX)

Summary: 

  • Would 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 between July 1, 2011, and July 1, 2015.
  • Would also repeal sections of Affordable Care Act
 

Status:

5/23/13 – Introduced and referred to the Ed and Workforce Cmte., Budget and Energy and Commerce. 

7/8/13 – Referred to Subcommittee on Higher Education and Workforce Training.