S. 4097

119th Congress

In Committee

State-Based Education Loan Awareness Act

Sponsored byRepublican:Sen. Murkowski, Lisa [R-AK]AK· Introduced 16 March 2026
Open on Congress.gov

6

Cosponsors

3

Actions

0

Amendments

1

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Committee on Health, Education, Labor, and Pensions. Hearings held.

19 March 2026·4 months ago

Summary

Introduced in Senate · Updated 22 July 2026

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.

Timeline

3 actions

  1. Committee on Health, Education, Labor, and Pensions. Hearings held.

    19 March 2026 · Committee

  2. Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    16 March 2026 · IntroReferral

  3. Introduced in Senate

    16 March 2026 · IntroReferral

Sponsorship

6 cosponsors

Sponsor

Republican:Sen. Murkowski, Lisa [R-AK]AK

Cosponsors

  • Democrat233%
  • Republican467%

Classification

Policy area

Education

Legislative subjects

Government lending and loan guaranteesHigher educationInterest, dividends, interest ratesState and local government operationsStudent aid and college costs

Committees

1

  • Health, Education, Labor, and Pensions Committee

    Senate · Standing

    • Referred To16 Mar 2026
    • Hearings By (full committee)19 Mar 2026

Cosponsor momentum

Cumulative over time

Cosponsors grew from 3 on 16 March 2026 to 6 on 21 May 2026.

Pelosi Tracker
Follow on XJoin our Discord
PoliticiansBillsPortfoliosPricingAboutLegalTerms of ServicePrivacy Policy
Français
© 2026 - All rights reserved. Powered by Vantara Labs
This website is an independent, third-party platform. It is not affiliated with, endorsed by, or in any way associated with Nancy Pelosi, her office, or her representatives. Any use of her name is solely for the purpose of discussing publicly available information.The information provided on this website is for informational and educational purposes only and is not intended to serve as, nor should it be construed as, financial or investment advice. The data presented here is sourced from publicly available filings and records. While we strive for accuracy, timeliness, and completeness, we do not guarantee that all information is error-free or current.