3.0.0 1334 2022-03-03T21:28:14Z 2023-01-10T06:59:47Z Senate S S 2013-07-18 113 Bipartisan Student Loan Certainty Act of 2013 113 1911 HR 2013-08-09 Became Public Law No: 113-28. Related bill CRS 2013-07-18 Senate Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 142. Calendars 2013-07-18 Introduced in Senate IntroReferral 10000 9 Library of Congress M001183 Sen. Manchin, Joe, III [D-WV] Joseph Manchin D WV N B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2013-07-18 True K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2013-07-18 True C000560 Sen. Coburn, Tom [R-OK] TOM COBURN R OK 2013-07-18 True C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2013-07-18 True A000360 Sen. Alexander, Lamar [R-TN] Lamar Alexander R TN 2013-07-18 True H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2013-07-18 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2013-07-18 True M001170 Sen. McCaskill, Claire [D-MO] Claire McCaskill D MO 2013-07-23 False B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2013-07-23 False H001041 Sen. Heller, Dean [R-NV] Dean Heller R NV 2013-07-24 False H001061 Sen. Hoeven, John [R-ND] John Hoeven R ND 2013-07-24 False E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2013-07-24 False I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2013-07-24 False H.R.1911 https://www.congress.gov/bill/113th-congress/house-bill/1911 Education Budget deficits and national debt Congressional oversight Education programs funding Government lending and loan guarantees Government studies and investigations Higher education Interest, dividends, interest rates Student aid and college costs Education 00 2013-07-18 Introduced in Senate 2013-08-09T19:20:54Z Bipartisan Student Loan Certainty Act of 2013 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 (HEA) to set the annual interest rate on Direct Stafford loans and Direct Unsubsidized Stafford loans issued to undergraduate students at the rate on high-yield 10-year Treasury notes plus 2.05%, but caps that rate at 8.25%.

Sets the annual interest rate on Direct Unsubsidized Stafford loans issued to graduate or professional students at the rate on high-yield 10-year Treasury notes plus 3.6%, but caps that rate at 9.5%.

Sets the annual interest rate on Direct PLUS loans at the rate on high-yield 10-year Treasury notes plus 4.6%, but caps that rate at 10.5%.

Limits the applicability of the preceding provisions to loans first disbursed on or after July 1, 2013.

Fixes the interest rate on Direct Stafford loans, Direct Unsubsidized Stafford loans, and Direct PLUS loans for the period of the loan.

Sets the annual interest rate on Direct Consolidation loans for which an application is received on or after July 1, 2013, at the weighted average of the interest rates on the loans consolidated, rounded to the nearest higher one-eighth of 1%.

Directs the Comptroller General (GAO) to conduct a study and report to Congress on the actual cost to the federal government of carrying out the federal student loan programs authorized under title IV of the HEA.

]]> Bipartisan Student Loan Certainty Act of 2013 Short Titles as Introduced Bipartisan Student Loan Certainty Act of 2013 Official Title as Introduced A bill to establish student loan interest rates, and for other purposes. Display Title Bipartisan Student Loan Certainty Act of 2013 Placed on Calendar Senate 2013-07-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s1334pcs/xml/BILLS-113s1334pcs.xml 2013-07-18 Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 142. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.