Iowa HF703 mandates the Iowa Student Loan Liquidity Corporation to provide annual estimates of the federal direct plus loan's APR to the Bureau of.
Iowa HF703 requires the Iowa Student Loan Liquidity Corporation to annually provide the Bureau of Iowa College Aid with an estimate of the federal direct plus loan's annual percentage rate (APR) and the assumptions used to prepare the estimate. The Bureau must then compare this estimate to the APRs of the college family loan and partnership loan. If the state loans offer a lower APR, the Bureau must publish this information on its website and send it to eligible institutions of higher education.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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