,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #dbda  ,,in ,,the ,,house ,,of  
,,representatives  ,september #f1       
#bjai,ms4 ,underwood 7for herself1 ,mr4 
,levin of ,california1 and ,mrs4 ,luria7
 introduced the following bill2 which   
was referred to the ,committee on       
,education and ,labor  ,a ,,bill  ,to   
amend the ,higher ,education ,act of    
#aife to rename master promissory notes 
for loans made under part ,d to student 
loan contracts4  #a4 ,short title ,this 
,act may be cited as the ,student ,loan 
,contract ,act of #bjai4  #b4 ,student  
loan contract and loan disclosures  7a7 
,student loan contract ,section         
#dcb7m77#a77;,d7 of the ,higher         
,education ,act of #aife 7#bj ,u4,s4,c4 
#ajhb7m77#a77;,d77 is amended by adding 
at the end the following3  7iv7 ,student
 loan contract  7,i7 ,in general ,any   
master promissory note form described in
 this subparagraph that is developed or 
used for loans made under part ,d for   
periods of enrollment beginning on or   

after the date of enactment of the      
,student ,loan ,contract ,act of #bjai  
shall be referred to as a student loan  
contract4  7,,ii7 ,clarification on use 
,a student loan contract for loans made 
under part ,d for a student shall only  
be used with respect to loans made under
 part ,d for the periods of enrollment  
that are in the same award year for     
which the initial loans for which the   
contract is used were made4  4  7b7     
,conforming amendments ,section         
#dhe7l77#b77;,b7 of the ,higher         
,education ,act of #aife 7#bj ,u4,s4,c4 
#ajib7l77#b77;,b77 is amended by        
inserting before the period at the end  
the following3 or the student loan      
contract4  7c7 ,effective date ,the     
amendments made by this section shall   
take effect with respect to academic    
year #bjai-bjbj and each succeeding     
academic year4