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H.R. 942

BillFederalHouseIn Committee
Consolidation Student Loan Flexibility Act of 2003
About This Bill
Committee
Latest Action · March 17, 2003
Referred to the Subcommittee on 21st Century Competitiveness.
Congress
108th (2003–2005)
Introduced
February 26, 2003
Cosponsors (30)
9D 21R
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Summary

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Consolidation Student Loan Flexibility Act of 2003 - Amends the Higher Education Act of 1965 to allow student loan borrowers to choose a lender for loan consolidation. (Eliminates the requirement that: (1) the consolidation loan lender must already hold an outstanding student loan of the borrower; or (2) the borrower must certify to having sought and been unable to obtain a consolidation loan with income-sensitive repayment terms from any holders of the outstanding loans selected for consolidation.)

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