Studen Loan Ombudsperson Annual Report
Statutory Cite:Next Due Date:Frequency:Report Status:Repeal Date:
5-20-104 (2) (b)Jan 1, 2021AnnualOngoingSep 1, 2023
SB 19-002
5-20-104. Student loan ombudsperson - report - fund - rules - repeal.
(1) The administrator shall designate; support; and maintain a student loan ombudsperson to provide timely assistance to student loan borrowers.

(2) (a) Annual report. The administrator shall submit a report by January 1 of each year to the committees of reference of the general assembly having jurisdiction over education; insurance; and financial services matters. The report must include:
(I) Implementation. A description of actions taken with respect to the implementation of this section;
(II) Effectiveness. An assessment of the overall effectiveness of the student loan and ombudsperson;
(III) Additional steps. Recommendations regarding additional steps for the administrator to gain regulatory control over licensing and enforcement with respect to student loan servicers.

5-20-104 (2) (b)       
Pursuant to Section 24-1-136 (9), C.R.S., Colorado state departments and agencies submit all statutorily required reports to Colorado Legislative Council staff. The Colorado Legislative Council staff delivers these reports to the appropriate legislative recipients and makes them available on this site. The Colorado Legislative Council is the non partisan research staff for the Colorado General Assembly.  If you have any questions, please contact the Colorado Legislative Council:; 303-866-3521.