,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #ehch  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #ad1 #bjaf,mr4  
,hultgr5 7= himself1 ,mr4 ,c>ney1 ,mr4  
,mess]1 & ,mr4 ,david ,scott ( ,georgia7
 introduc$ ! foll[+ bill2 :i* 0 ref]r$  
to ! ,committee on ,education & !       
,work=ce  ,a ,,bill  ,to am5d ! ,high]  
,education ,act ( #aife to require !    
disclosure ( ! annual p]c5tage rates    
applicable to ,f$]al /ud5t loans4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,transp>5cy 9 ,/ud5t ,l5d+ ,act4  #b4   
,requir$ disclosures ,section #dee7p7 ( 
! ,high] ,education ,act ( #aife 7#bj   
,u4,s4,c4 #ajhg;e7p77 is am5d$--  7#a7  
by /rik+ ,ea* in/itution & ins]t+ !     
foll[+3  7#a7 ,9 g5]al ,ea* in/itution  
2 &  7#b7 by add+ at ! end ! foll[+3    
7#b7 ,disclosure ( ,,apr at "t (        
application ,9 addition to ! disclosures
 requir$ "u p>agraph 7#a71 ea*          
in/itution & contractor describ$ 9 su*  
p>agraph %all disclose1 z "p ( !        
application mat]ial provid$ to a borr[] 

( a loan made "u ?is "p1 ! e/imat$      
annual p]c5tage rate applicable to !    
loan1 tak+ into acc\nt--  7,a7 ! /at$   
int]e/ rate ( ! loan2 &  7,b7 any fees  
or additional co/s associat$ ) ! loan4  
4