Search Results: keywords:"award year"

  • H. R. 7892 — To amend the Higher Education Act of 1965 to rename master promissory notes for loans made under part D to student loan contracts.
    Status:Introduced in House
    Words:384

    H.R. 7892, also known as the "Student Loan Contract Act of 2024," aims to change how certain student loan documents are named and used. The bill proposes to rename "master promissory notes" for federal student loans to "student loan contracts" for specific periods of...

    Simple Explanation

    H.R. 7892 wants to change the name of a paper that students sign when they borrow money for school from "master promissory note" to "student loan contract," so it's clearer what it's for. This new name will help tell which school year the loan money is meant to be used for.

  • H. R. 7810 — To amend the Higher Education Act of 1965 to clarify the clock hour requirements for certain eligible programs under title IV of such Act.
    Status:Introduced in House
    Words:402

    H. R. 7810 proposes changes to the Higher Education Act of 1965 to clearly define the requirements for programs that use clock hours to train students for professions. It stipulates that eligible programs must not exceed 150 percent of the clock hours required by either the state or federal...

    Simple Explanation

    This bill wants to make sure schools can only use a certain amount of hours to teach people a job if they want the government to help pay. It's like making sure you only take as much time as needed to learn something so you don't waste time or money.