HR4616-118

Introduced

To modify requirements relating to financial aid disclosures.

118th Congress Introduced Jul 13, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To modify requirements relating to financial aid disclosures., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Finance, Transportation.

Who Benefits and How

schools, students, and education providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H16ECEBBAACD1468C9B5BCA6C31ED5CCB: 1. Short title This Act may be cited as the Informed Student Borrowing Act of 2023.
  • Section H626F59C59BA14434AC8FA454ABB0C35E: 2. Entrance counseling financial aid disclosures Section 485(l) of the Higher Education Act of 1965 (20 U.S.C. 1092(l)) is amended— in the subsection heading,...
  • Section HDBB0A1FDFD704796B16BD25DD29232C8: 3. Annual requirement to manually enter loan amount Section 485 of the Higher Education Act of 1965 (20 U.S.C. 1092), as amended by section 2, is further...
  • Section H1FD47F5DBA174D6BB2D153125ABD136C: 4. Work study Section 485 of the Higher Education Act of 1965 (20 U.S.C. 1092), as amended by sections 2 and 3, is further amended by adding at the end the...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To modify requirements relating to financial aid disclosures., changes federal law or congressional policy affecting schools, students, and education providers.

Key Policy Areas

Education, Finance, Transportation

Primary Purpose

This bill, To modify requirements relating to financial aid disclosures., changes federal law or congressional policy affecting schools, students, and education providers.

Policy Domains

Education Finance Transportation

Whole bill

Identified Gains
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
schools, students, and education providers: ,
Identified Costs
  • federal implementing agencies
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
schools, students, and education providers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 13, 2023

Mr. Grothman introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Education Finance Transportation
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology