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Code · BILL · 117th Congress · S. 3953 (Introduced in Senate) — To amend the Higher Education Act of 1965 in order to increase usage of the Federal student loan income-based repayme... · Sec. 202

Sec. 202. Elimination of origination fees for Federal Direct Loans

60 words·~1 min read·/bill/117/s/3953/is/section-202

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Subsection
(c)of section 455 ( 20 U.S.C. 1087e(c) ) is repealed. The amendment made by subsection
(a)shall apply with respect to loans made under part D of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1087a et seq. ) for which the first disbursement of principal is made on or after July 1, 2022.
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Sec. 202
Elimination of origination fees for Federal Direct Loans
U.S.C.§ 1087e
U.S.C.§ 1087a
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