,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #fah  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,febru>y #ab1 #bjac   
,mr4 ,mi*aud 7= himself1 ,mr4 ,price (  
,nor? ,c>ol9a1 ,ms4 ,bordallo1 & ,ms4   
,p+ree ( ,ma9e7 introduc$ ! foll[+ bill2
 :i* 0 ref]r$ to ! ,committee on        
,education & ! ,work=ce  ,a ,,bill  ,to 
au?orize ! ,secret>y ( ,education to    
ent] into volunt>y1 flexible agreem5ts )
 c]ta9 gu>antee ag5cies to provide      
del9qu5cy prev5tion & default av]sion   
s]vices = borr[]s & pot5tial borr[]s (  
,f$]al ,direct ,loans "u ! ,high]       
,education ,act ( #aife1 & = o!r        
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,/ud5t ,loan ,default      
,prev5tion ,act4  #b4 ,volunt>y1        
flexible agreem5ts  7a7 ,9 g5]al        
,section #dbh;,a ( ! ,high] ,education  
,act ( #aife 7#bj ,u4,s4,c4 #ajgh-a7 is 
am5d$--  7#a7 by r$esignat+ subsection  
7d7 z subsection 7e72 &  7#b7 by ins]t+ 
aft] subsection 7c71 ! foll[+3  7d7     
,supplem5tal /ud5t loan s]vices  7#a7 ,9

 g5]al ,n lat] ?an #i mon?s aft] ! date 
( enactm5t ( ! ,/ud5t ,loan ,default    
,prev5tion ,act & not)/&+ any o!r       
provision ( ?is "p1 ! ,secret>y %all1 ^u
 ! reque/ ( an eligible gu>antee ag5cy1 
ent] into a volunt>y1 flexible agreem5t 
) ! gu>antee ag5cy1 or revise !         
volunt>y1 flexible agreem5t previ\sly   
ent]$ into ) ! gu>antee ag5cy "u ?is    
section1 to provide = ! s]vices describ$
 9 p>agraph 7#c7 = borr[]s 7includ+     
pot5tial borr[]s1 if applicable7 ( loans
 made "u ?is "p or "p ,d4  7#b7         
,eligibility ,= ! purposes ( ?is        
subsection1 an eligible gu>antee ag5cy  
is a gu>antee ag5cy t has ext5sive &    
relevant exp]i5ce & demon/rat$          
effectiv5ess 9 provid+ ! s]vices        
describ$ 9 p>agraph 7#c74  7#c7 ,s]vices
  7,a7 ,9 g5]al ,! s]vices describ$ 9   
?is p>agraph = borr[]s 7includ+ pot5tial
 borr[]s1 if applicable7 ( loans made "u
 ?is "p or "p ,d may include--  7i7     
del9qu5cy prev5tion & default av]sion   
activities2  7ii7 collection ( default$ 

loans2  7iii7 monitor+ ( in/itutions    
p>ticipat+ 9 ! program "u "p ,d2  7iv7  
tra9+ ( f9ancial aid (ficials2 &  7v7   
in=mational outrea* to s*ools & /ud5ts 9
 support ( access to high] education &  
f9ancial lit]acy4  7,b7 ,exi/+ local    
s]vices ,9 c>ry+ out ! s]vices describ$ 
9 subp>agraph 7,a71 an eligible gu>antee
 ag5cy %all provide localiz$ s]vices    
directly or ?r\gh p>tn]%ips ) o!r       
eligible gu>antee ag5cies to assi/      
borr[]s & in/itutions ( high] education4
  7#d7 ,reasonable fees ,an agreem5t    
ent]$ into or revis$ "u ?is subsection  
%all include a provision reg>d+ ! fees t
 ! ,secret>y %all pay to an eligible    
gu>antee ag5cy = c>ry+ out s]vices "u ! 
agreem5t4 ,! det]m9ation ( su* fees %all
 be co/ neutral & take into acc\nt sav+s
 result+ f ! provision ( su* s]vices z  
reasonably project$ by ! ,secret>y4     
7#e7 ,public ,notice ,! ,secret>y %all  
publi% 9 ! ,f$]al ,regi/] a notice to   
all gu>antee ag5cies t sets =?--  7,a7  
an invitation = ! gu>antee ag5cies to   

ent] into or revise agreem5ts "u ?is    
subsection2 &  7,b7 ! crit]ia t !       
,secret>y w use = select+ ! gu>antee    
ag5cies ) :i* ! ,secret>y w ent] into1  
or revise1 agreem5ts "u ?is subsection4 
7#f7 ,agreem5t notice ,! ,secret>y %all 
notify ! memb]s ( ! au?oriz+ committees 
n lat] ?an #cj days prior to conclud+ an
 agreem5t "u ?is subsection4  7#g7      
,public availability ,! text ( any      
volunt>y flexible agreem5ts ent]$ into  
or revis$ "u ?is subsection %all be     
readily available to ! public4  4  7b7  
,con=m+ am5dm5t ,section #def ( ! ,high]
 ,education ,act ( #aife 7#bj ,u4,s4,c4 
#ajhg;f7 is am5d$ by ins]t+ or section  
#dbh;,a7d7 aft] sections #dbh7;b77 &    
7c74