Code · BILL · 114th Congress · S. 1948 (Introduced in Senate) — To increase awareness of the Federal student loan income-based repayment plan, and for other purposes. · Sec. 2

Sec. 2. Notice of repayment plan options at the time of entrance counseling

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Section 485(l)(2) of the Higher Education Act of 1965 ( 20 U.S.C. 1092(l)(2) ) is amended by adding at the end the following: Information on the 2 repayment options that the borrower of a loan made on or after July 1, 2016, will have for repaying the loan, including— an income-based repayment plan, as described under section 493C(f); and a fixed repayment plan described in section 493E. .

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U.S. Code

Institutional and financial assistance information for students
§ 1092

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Sec. 2

Notice of repayment plan options at the time of entrance counseling

U.S.C.§ 1092

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