House Bill 1397
Introduced House Bill (H)
DIGEST
Education loan information. Requires a postsecondary educational institution to provide information regarding: (1) federal education loans in all printed and online financial aid materials issued or distributed by the institution and with private loan applications provided or made available by the institution; and (2) private loan information with any private loan information included as part of the institution's financial aid or loan package and with any list of private loan lenders provided by the institution. Requires, before December 1 of each year, a postsecondary educational institution to: (1) provide to the commission for higher education; (2) make available on the
Education loan information. Requires a postsecondary educational institution to provide information regarding: (1) federal education loans in all printed and online financial aid materials issued or distributed by the institution and with private loan applications provided or made available by the institution; and (2) private loan information with any private loan information included as part of the institution's financial aid or loan package and with any list of private loan lenders provided by the institution. Requires, before December 1 of each year, a postsecondary educational institution to: (1) provide to the commission for higher education; (2) make available on the
institution's Internet web site; and (3) make available to the public upon request; certain information regarding student loan debt.
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