Bill Detail
S. 4097
Congress: 119
Title
State-Based Education Loan Awareness Act
Summary
State-Based Education Loan Awareness Act This bill excludes certain arrangements or agreements regarding education loans from the definition of a preferred lender arrangement. A preferred lender arrangement is an arrangement or agreement between a lender and an institution of higher education (IHE) that receives federal funding or assistance (1) under which a lender issues education loans to students attending the IHE; and (2) that relates to the IHE recommending, promoting, or endorsing the education loan products of the lender. The bill provides that arrangements or agreements made under a state-based education loan program do not meet the definition of a preferred lender agreement for purposes of certain required disclosures to student borrowers.
Sponsor
Sen. Lisa Murkowski [R-AK]
Status
Placed on Senate Legislative Calendar under General Orders. Calendar No. 539.
Status as of Aug 6, 7:16 PM · synced 7d ago
Introduced
2026-03-16
Data source mode: congress-gov
Bill Engagement
State-Based Education Loan Awareness Act This bill excludes certain arrangements or agreements regarding education loans from the definition of a preferred lender arrangement.
Lobbyists on the case
- American Council on Education1 filing · 5 lobs
- Jonathan Fansmith2026 Q1
- Emmanual Guillory2026 Q1
Prepared intelligence brief
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