Sec. 3. Adjustment of Federal Direct Stafford Loan interest rates
141 words·~1 min read·
/bill/113/s/897/is/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 455(b)(7) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(b)(7) ) is amended by adding at the end the following: Notwithstanding the preceding paragraphs of this subsection and subparagraph
(A)of this paragraph, for Federal Direct Stafford Loans made to undergraduate students for which the first disbursement is made on or after July 1, 2013, and before July 1, 2014, the applicable rate of interest shall be the primary credit rate charged by the Federal Reserve banks on July 1, 2013, for purposes of sections 13 and 13A of the Federal Reserve Act (12 U.S.C. 342 et seq.). . Section 455(b)(7)(D) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(b)(7)(D) ) is amended in the subparagraph heading by striking and inserting fdsl . fdsl issued on or after July 1, 2006, and before July 1, 2013
Connectionstraces to 2
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources