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H.R. 4223 (114th): POST GRAD Act


The text of the bill below is as of Dec 10, 2015 (Introduced).


I

114th CONGRESS

1st Session

H. R. 4223

IN THE HOUSE OF REPRESENTATIVES

December 10, 2015

(for herself, Ms. Lee, Ms. Kuster, Mr. Lowenthal, Mr. Honda, Mr. Takano, Ms. Titus, Mr. McDermott, Mr. Garamendi, Ms. Eddie Bernice Johnson of Texas, Mrs. Capps, Mrs. Napolitano, and Mr. David Scott of Georgia) 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 reinstate the authority of the Secretary of Education to make Federal Direct Stafford Loans to graduate and professional students.

1.

Short title

This Act may be cited as the Protecting Our Students by Terminating Graduate Rates that Add to Debt Act or the POST GRAD Act.

2.

Reinstatement of authority to make Federal Direct Stafford Loans to graduate and professional students

Section 455(a)(3) of the Higher Education Act of 1965 (20 U.S.C. 1087e(a)(3)) is amended—

(1)

in the paragraph heading, by inserting Temporary before Termination; and

(2)

in subparagraph (A), in the matter preceding clause (i), by inserting , and ending on or before June 30, 2016 after 2012.

3.

Inapplicability of rulemaking requirements

Sections 482(c) and 492 of the Higher Education Act of 1965 (20 U.S.C. 1089(c); 1098a) shall not apply to the regulations under this Act.