STUDENT Act

This bill amends the Higher Education Act to require lenders to disclose the total interest cost of federal student loans over their full term, using the standard repayment plan. It directly affects borrowers by adding this total interest figure to existing disclosure forms under Section 433(a). The key change mandates that loan agreements clearly show the cumulative interest a borrower would pay, helping them understand the full financial impact of their loan. This is a disclosure requirement, not a new benefit or program.