3.0.0 897 2023-01-11T13:24:59Z 2023-01-11T13:24:59Z Senate S S 2013-05-08 113 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2013-05-08T21:39:24Z Bank on Students Loan Fairness Act 113 1979 HR 2013-07-08 Referred to the Subcommittee on Higher Education and Workforce Training. Identical bill CRS 2013-05-08 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2013-05-08 Sponsor introductory remarks on measure. (CR S3260) IntroReferral B00100 9 Library of Congress 2013-05-08 Introduced in Senate IntroReferral 10000 9 Library of Congress W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. N B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2013-05-14 False R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2013-05-14 False M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2013-05-14 False B001265 Sen. Begich, Mark [D-AK] Mark Begich D AK 2013-05-15 False L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2013-05-16 False M001170 Sen. McCaskill, Claire [D-MO] Claire McCaskill D MO 2013-05-20 False S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI 2013-05-23 False B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2013-06-03 False F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2013-06-03 False S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2013-06-26 False M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2013-10-02 False M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2014-09-08 False Education Education programs funding Government lending and loan guarantees Higher education Interest, dividends, interest rates Student aid and college costs Education 00 2013-05-08 Introduced in Senate 2013-06-11T21:49:36Z Bank on Students Loan Fairness Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Board of Governors of the Federal Reserve System to provide the Secretary of Education, from the combined earnings of the Federal Reserve System, with the amount the Secretary determines to be reasonably necessary to award Direct Stafford Loans during the award year beginning July 1, 2013, to all eligible students attending participating institutions of higher education selected by the Secretary.

Prohibits appropriated funds from being used for Direct Stafford Loans made during that period.

Sets the interest rate on Direct Stafford Loans first disbursed on or after July 1, 2013, and before July 1, 2014, at the primary credit rate charged by the Federal Reserve banks on July 1, 2013.

]]> Bank on Students Loan Fairness Act Display Title Bank on Students Loan Fairness Act Official Title as Introduced A bill to prevent the doubling of the interest rate for Federal subsidized student loans for the 2013-2014 academic year by providing funds for such loans through the Federal Reserve System, to ensure that such loans are available at interest rates that are equivalent to the interest rates at which the Federal Government provides loans to banks through the discount window operated by the Federal Reserve System, and for other purposes. Introduced in Senate IS Short Titles as Introduced Bank on Students Loan Fairness Act Introduced in Senate 2013-05-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s897is/xml/BILLS-113s897is.xml 2013-05-08 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. 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.