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HR 3748 110th Congress House Education Armed Forces and National Security Armed forces abroad Economics and Public Finance Emergency Management Families Finance and Financial Sector Government lending Higher education Interest Married people Military dependents Military operations Military personnel National Guard Student loan funds Veterans' benefits War

Servicemember Student Loan Interest Relief Act

Introduced: October 4, 2007 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 5, 2007
Sponsor introductory remarks on measure. (CR 10/9/2007 E2078)
Oct 4, 2007
Referred to the House Committee on Education and Labor.
Oct 4, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Servicemember Student Loan Interest Relief Act - Amends the Higher Education Act of 1965 to provide that no interest shall accrue on student loans under the Federal Direct Loan program for individuals who are serving on active duty or performing National Guard duty during a war or other military operation or national emergency. Limits receipt of such benefit to 60 months.

Requires the Secretary of Education to offer direct consolidation loans to eligible service members who want to avoid the accrual of interest on existing loans.

What's happening now October 5, 2007

Sponsor introductory remarks on measure. (CR 10/9/2007 E2078)

 Committees of jurisdiction 1