Code · BILL · 115th Congress · S. 1521 (Introduced in Senate) — To amend the Higher Education Act of 1965 to reduce the interest rate caps for Federal Direct student loans, to elimi... · Sec. 3

Sec. 3. Elimination of the loan origination fees on federal direct student loans

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Section 455(c) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(c) ) is amended by adding at the end the following: The Secretary may not charge the borrower of a loan under this part for which the first disbursement is made on or after July 1, 2018, an origination fee. .

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U.S. Code

Terms and conditions of loans
§ 1087e

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Sec. 3

Elimination of the loan origination fees on federal direct student loans

U.S.C.§ 1087e

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