119th Congress · introduced in the Senate · Mar 16, 2026
State-Based Education Loan Awareness Act
Official title from Congress.gov
Latest action (Aug 4, 2026): Placed on Senate Legislative Calendar under General Orders. Calendar No. 539.
View on Congress.govPolicy area: Education
Congressional Research Service summary, version: Introduced in Senate (Mar 16, 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.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 539.
Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Health, Education, Labor, and Pensions. Hearings held.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Actions from Congress.gov, newest first.
Government lending and loan guarantees · Higher education · Interest, dividends, interest rates · State and local government operations · Student aid and college costs
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 23, 2026.
12 citations.
AMERICAN FEDERATION OF TEACHERS · lobbying firm or registrant: AMERICAN FEDERATION OF TEACHERS
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Education
$420,000
Spent on own lobbying
…Act H.R.10206, Restoring Opportunity for Advanced Education Act H.R.10436, Reaching English Learners Act H.R.10437, FLUENT Act H.R.10438, SYLLABLE Act of 2026 S.4097, State-Based Education Loan Awareness Act H.R.10551, Public Service Educational Assistance Act H.R.10562, Students Not Profits Act of 2026 A bill to amend the…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICAN COUNCIL ON EDUCATION · lobbying firm or registrant: AMERICAN COUNCIL ON EDUCATION
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Education
$60,639
Spent on own lobbying
…92 No Aid for Ghost Students Act of 2026 S. 1558 Understanding the True Cost of College Act of 2025 S. 3589 Respond, Innovate, Succeed, and Empower Act of 2025 S. 4097 State-Based Education Loan Awareness Act S. 4415 TEACH Improvement Act of 2026 Informed Student Borrowers Act of 2026 H.R. 6739 Clarity in Professional Degree…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CONSUMER BANKERS ASSOCIATION · lobbying firm or registrant: CONSUMER BANKERS ASSOCIATION
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Banking
$1,500,000
Spent on own lobbying
…2025 S.3623 - Credit Card Competition Act of 2026 S.3660 - Credit Card Fairness Act S.3774 - Safeguarding Consumers from Advertising Misconduct Act (SCAM Act) S. 4097, State-Based Loan Awareness Act S.4943 - Outcomes-Based Financing (OBF) for Students Act Both Chambers Issues related to the cumulative impact of banking regul…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
SLM CORPORATION · lobbying firm or registrant: SLM CORPORATION
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Banking
$220,000
Spent on own lobbying
Issues pertaining to industrial loan companies; S. 4097, The State-Based Education Loan Awareness Act; S. 4943, The Outcomes-Based Financing (OBF) for Students Act.S.4195 & H.R. 7866, The American Lending Fairness A…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ACCESSLEX INSTITUTE (FKA ACCESS GROUP, INC.) · lobbying firm or registrant: ACCESSLEX INSTITUTE (FKA ACCESS GROUP, INC.)
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 12, 2026 · issue area: Education
Amount not reported
- Supported H.R.10220 - the SIMPLE Act, which would help student loan borrowers avoid default - Supported S.4097 - State-Based Education Loan Awareness Act, which would allow colleges to inform students about non-profit, state-authorized student loans without triggering f…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. View filing
AMERICAN COUNCIL ON EDUCATION · lobbying firm or registrant: AMERICAN COUNCIL ON EDUCATION
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Education
$37,531
Spent on own lobbying
…Act of 2025 S. 3589 Respond, Innovate, Succeed, and Empower Act of 2025 S. 880 Fair College Admissions for Students Act S. 2859 Equal Campus Access Act of 2025 S. 4097 State-Based Education Loan Awareness Act H.R. 7810 Lowering Student Loans Act of 2025 S. 4415 TEACH Improvement Act of 2026 Informed Student Borrowers Act of 2…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
SLM CORPORATION · lobbying firm or registrant: SLM CORPORATION
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Banking
$220,000
Spent on own lobbying
Issues pertaining to industrial loan companies; S. 4097, The State-Based Education Loan Awareness Act; S. 4943, The Outcomes-Based Financing (OBF) for Students Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ACCESSLEX INSTITUTE (FKA ACCESS GROUP, INC.) · lobbying firm or registrant: ACCESSLEX INSTITUTE (FKA ACCESS GROUP, INC.)
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 9, 2026 · issue area: Education
Amount not reported
- Supported S.4097, State-Based Education Loan Awareness Act - Supported H.R. 7810, Lowering Student Loans Act Sent Letter to House and Senate Appropriations Committee FY27 fundi…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. View filing
ECMC SHARED SERVICES CO. OBO ECMC · lobbying firm or registrant: ECMC SHARED SERVICES CO. OBO ECMC
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 8, 2026 · issue area: Education
$10,000
Spent on own lobbying
S. 4097, State-Based Education Loan Awareness Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICAN COUNCIL ON EDUCATION · lobbying firm or registrant: AMERICAN COUNCIL ON EDUCATION
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Education
$77,042
Spent on own lobbying
…Act of 2025 S. 3589 Respond, Innovate, Succeed, and Empower Act of 2025 S. 880 Fair College Admissions for Students Act S. 2859 Equal Campus Access Act of 2025 S. 4097 State-Based Education Loan Awareness Act H.R. 7810 Lowering Student Loans Act of 2025 TEACH Improvement Act of 2026 Informed Student Borrowers Act of 2026 H.R.…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ECMC SHARED SERVICES CO. OBO ECMC · lobbying firm or registrant: ECMC SHARED SERVICES CO. OBO ECMC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 17, 2026 · issue area: Education
$20,000
Spent on own lobbying
S. 4097, State-Based Education Loan Awareness Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
UNIVERSITY OF NEW HAMPSHIRE · lobbying firm or registrant: LEWIS-BURKE ASSOCIATES, LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 17, 2026 · issue area: Education
$40,000
Paid to lobbying firm
H.R. 3153, S. 1558, Understanding the True Cost of College Act of 2025, All provisions. H.R. 7892, No Aid for Ghost Students Act of 2026, All provisions. S. 4097, State Based Education Loan Awareness Act, All provisions. H.R. 6718, Professional Student Degrees Act, All provisions.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing