Summary Of ‘Ensuring Continued Access To Student Loans Act’ (H.R. 5715) - Signed Into Law May 7 (P.L. 110-227)
May 8th, 2008 by Justin
Abstract: President Bush signed H.R. 5715 into law on May 7 (Public Law: 110-227). The law seeks to stave off potential student loan access problems created by recent disruptions in the credit markets. It also creates significant changes to the ACG and SMART Grant programs and increases annual and aggregate Stafford Loan Limits. Text of H.R. 5715 is available online. This article summarizes provisions in the new legislation.
The entire summary is available on the NASFAA Web site.
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Posted in Legislative Issues, Regulatory Writing, Student Financing, Student Loan Crunch
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