Stability to Ensure the American Dream for Youth Act

Bill: 113-hr-1876
Sponsor: full_name: Rep. Sinema, Kyrsten [D-AZ-9]
Introduced: 2013-05-08
Policy area: Education
Subjects: Government lending and loan guarantees

Higher education

Interest, dividends, interest rates

Student aid and college costs
Latest action: action_date: 2013-07-08
text: Referred to the Subcommittee on Higher Education and Workforce Training.

Summaries:
action_date: 2013-05-08
action_desc: Introduced in House
text: <p>Stability to Ensure the American Dream for Youth Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to extend the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013, to Direct Stafford loans first disbursed to undergraduate students before July 1, 2017. </p>

tv_txt: I 113th CONGRESS 1st Session H. R. 1876 IN THE HOUSE OF REPRESENTATIVES May 8, 2013 Ms. Sinema introduced the following bill; which was referred to the Committee on Education and the Workforce A BILL To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

1. Short title This Act may be cited as the Stability to Ensure the American Dream for Youth Act . 2. Interest rate extension Subparagraph (D) of section 455(b)(7) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(b)(7) ) is amended— (1) in the matter preceding clause (i), by striking 2013 and inserting 2017 ; and (2) in clause (v), by striking 2013 and inserting 2017 .