S. 2054 — A bill to amend the Higher Education Act of 1965 to exempt certain small lenders from the audit requirements of the guaranteed student loan program.

Summary

Amends the Higher Education Act of 1965 to exempt from certain annual compliance audit requirements of the guaranteed student loan program those lenders with guaranteed student loan originations or holdings that do not exceed $10 million.

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Legislative Actions

1996-09-04
Introduced in Senate
1996-09-04
Sponsor introductory remarks on measure. (CR S9855)
1996-09-04
Read twice and referred to the Committee on Labor and Human Resources.

A bill to amend the Higher Education Act of 1965 to exempt certain small lenders from the audit requirements of the guaranteed student loan program.

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Summary

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Legislative Actions

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