A bill to amend section 428(a) of the Higher Education Act of 1965, as amended, and section 2(a) (7) of the Emergency Insured Student Loan Act of 1969, to better assure that students will have reasonable access to loans to meet their post-secondary education costs, and for other purposes.

Increases to $20,000 (presently $15,000) the family income ceiling set by the Higher Education Act of 1965 as the basis for eligibility for student loan interest subsidy payments under such Act.

Extends for one year (until July 1, 1975) specified provisions of the Emergency Insured Student Loan Act of 1969 covering the postsecondary educational costs of students.