PlainBillCongress, translated.Legislation. Context. Public interest.Sponsor introductory remarks on measure. (CR S11534-11536)
Congressional Research Service
Version 00 · Introduced in Senate · Oct 9, 1997
Emergency Student Loan Consolidation Act of 1997 - Amends the Higher Education Act of 1965 (HEA) to allow until October 1, 1998, the consolidation, under the Federal Family Education Loan Program (FFELP), of all of a student's loans under both the FFELP and the Direct Loan Program. (Authorizes such consolidation of loans under both programs into single FFELP consolidation loans, which may be administered by entities other than the Department of Education, for an emergency period until October 1, 1998, to provide time to reduce a backlog in processing consolidation of both types of loans into Direct Lending Consolidation loans administered by the Department of Education.) Reduces the amount of certain funds available for administrative expenses under HEA student assistance provisions. Revises HEA need analysis requirements to reduce the family contribution for dependent or independent students by the amount of the Hope Tax Credit taken by the student, the student's parents, or the student's spouse (thus providing that students will not receive reduced financial aid as a result of qualifying for and receiving the new Hope Tax Credits under the Internal Revenue Code).
People & committees
Sen. Jeffords, James M. [R-VT] · R–VT
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Sponsor introductory remarks on measure. (CR S11534-11536)
Placed on Senate Legislative Calendar under General Orders. Calendar No. 235.
Committee on Labor and Human Resources. Reported to Senate by Senator Jeffords with an amendment in the nature of a substitute. With written report No. 105-122. Additional views filed.
Committee on Labor and Human Resources. Reported to Senate by Senator Jeffords with an amendment in the nature of a substitute. With written report No. 105-122. Additional views filed.
Committee on Labor and Human Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.
Read twice and referred to the Committee on Labor and Human Resources.
Sponsor introductory remarks on measure. (CR S10807-10808)
Introduced in Senate
Primary sources
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Source last updated: Apr 21, 2025. Consult Congress.gov for the current record.
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