Higher educational institutions, public; loans to students, collection. (HB165)

Introduced By

Del. David Yancey (R-Newport News)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Public institutions of higher education; loans to students; collection. Requires each public institution that makes a loan to a student to (i) include in loan documents for each such loan an individual plan for the repayment of principal and interest and the payment of any late fees and clear and detailed information about the collection process for such loan pursuant to the Virginia Debt Collection Act, including information about the agency or entity that is responsible for collection, and (ii) establish a process for notifying each student or, in the case of an undergraduate student and as appropriate, the student's parent of any loan payment that is past due no later than (a) 30 days after such payment becomes past due and (b) if necessary, the end of the academic term during which such payment becomes past due. The bill permits each such institution, with the consent of the borrower, to modify the terms of any loan for which payments are past due to provide for repayment forbearance on such loan and repayment to commence on a mutually agreed-upon date in the future. Read the Bill »


Bill Has Passed


12/21/2017Prefiled and ordered printed; offered 01/10/18 18101457D
12/21/2017Referred to Committee on Education
01/19/2018Assigned Education sub: Subcommittee #3
01/22/2018Impact statement from DPB (HB165)
02/06/2018Subcommittee recommends reporting (5-Y 3-N)
02/07/2018Reported from Education (12-Y 10-N) (see vote tally)
02/09/2018Read first time
02/12/2018Read second time and engrossed
02/13/2018Read third time and passed House (51-Y 48-N)
02/13/2018VOTE: PASSAGE (51-Y 48-N) (see vote tally)
02/14/2018Constitutional reading dispensed
02/14/2018Referred to Committee on Education and Health
02/21/2018Assigned Education sub: Higher Education
03/01/2018Reported from Education and Health with amendments (15-Y 0-N) (see vote tally)
03/02/2018Constitutional reading dispensed (37-Y 0-N) (see vote tally)
03/05/2018Passed by for the day
03/06/2018Read third time
03/06/2018Reading of amendments waived
03/06/2018Committee amendments agreed to
03/06/2018Passed by for the day
03/07/2018Passed by for the day
03/08/2018Read third time
03/08/2018Reading of amendments waived
03/08/2018Amendments by Senator Wexton agreed to
03/08/2018Engrossed by Senate as amended
03/08/2018Passed Senate with amendments (40-Y 0-N) (see vote tally)
03/08/2018Placed on Calendar
03/08/2018Senate amendments agreed to by House (62-Y 33-N)
03/08/2018VOTE: ADOPTION (62-Y 33-N) (see vote tally)
03/10/2018Bill text as passed House and Senate (HB165ER)
03/10/2018Signed by Speaker
03/12/2018Signed by President
03/16/2018Impact statement from DPB (HB165ER)
03/20/2018Enrolled Bill communicated to Governor on March 20, 2018
03/20/2018G Governor's Action Deadline Midnight, April 9, 2018
04/06/2018G Approved by Governor-Chapter 786 (effective 7/1/18)
04/06/2018G Acts of Assembly Chapter text (CHAP0786)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 4 minutes.