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State-Based Education Loan Awareness Act
4/15/2026, 11:03 AM
Summary of Bill S 4097
The bill, designated as S. 4097 in the 119th Congress, aims to establish that a State-based education loan program is exempt from specific regulations concerning preferred lender arrangements. Introduced on March 16, 2026, the bill focuses on addressing requirements related to the operation and oversight of education loan programs at the state level.
Read the Full Bill
Current Status of Bill S 4097
Bill S 4097 is currently in the status of Bill Introduced since March 16, 2026. Bill S 4097 was introduced during Congress 119 and was introduced to the Senate on March 16, 2026. Bill S 4097's most recent activity was Committee on Health, Education, Labor, and Pensions. Hearings held. as of March 19, 2026
Bipartisan Support of Bill S 4097
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
4Republican Cosponsors
4Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4097
Primary Policy Focus
EducationAlternate Title(s) of Bill S 4097
A bill to establish that a State-based education loan program is excluded from certain requirements relating to a preferred lender arrangement.
A bill to establish that a State-based education loan program is excluded from certain requirements relating to a preferred lender arrangement.
Comments
Jase McClure
829
2 months ago
This bill is concerning.
Royce Dillon
868
2 months ago
I can't believe this bill is even being considered. It's just another example of the government overstepping its boundaries.
Sponsors and Cosponsors of S 4097
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