Consolidation Student Loan Flexibility Act of 2002
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jun 20, 2002
Consolidation Student Loan Flexibility Act of 2002 - Amends the Higher Education Act of 1965 to allow student loan borrowers to choose a lender for loan consolidation. (Eliminates the requirement that: (1) the consolidation loan lender already hold an outstanding student loan of the borrower; or (2) the borrower certify to having sought and been unable to obtain a consolidation loan with income-sensitive repayment terms from any holders of the outstanding loans selected for consolidation.)
Source last updated: Aug 19, 2025. Consult Congress.gov for the current record.
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