To modify requirements relating to financial aid disclosures.
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 S1: 1. Short title This Act may be cited as the Informed Student Borrowing Act of 2023.
- Section id3bb115c3cc78418fa97f3b45a7e5e093: 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 id67f9022fd7a64fb78a88d55cd417cae7: 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 idc2925c463f9446ff832bb8de6d378db2: 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
Whole bill
Identified Gains
- schools, students, and education providers
Identified Costs
- federal implementing agencies
- schools, students, and education providers
Sponsors
Legislative Progress
IntroducedMr. Daines (for himself, Mr. Cassidy, Mrs. Blackburn, and Mrs. …
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?
- "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