House Bill 3095
116th Congress(2019-2020)
Know Your Repayment Options Act
Introduced
Introduced in House on Jun 4, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3095
Congress
116
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
No House votes have been held for this bill.
Summary
Know Your Repayment Options Act
This bill requires the Department of Education to annually give federal student loan borrowers who have graduated or departed from school individualized loan repayment information, including monthly amounts and lifetime payment amounts, for each repayment option available to the borrowers. Borrowers may opt out of being provided this information.
June 4, 2019
06/04/2019
Referred to the House Committee on Education and Labor.
06/04/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 6:32:27 AM