S 1775
111th Congress
Senate
Education
Government lending and loan guarantees
Higher education
Interest, dividends, interest rates
Military personnel and dependents
National Guard and reserves
Student aid and college costs
Servicemember Student Loan Interest Relief Act
Introduced: October 13, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 13, 2009
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Oct 13, 2009
Introduced in Senate
Plain-English summary
Servicemember Student Loan Interest Relief Act - Amends the Higher Education Act of 1965 to allow members of the Armed Forces serving on active duty in hostile areas to benefit from the provision barring the accrual of interest on their student loans under the Federal Direct Loan program regardless of the date their loan was first disbursed. (Currently, their loan must be disbursed on or after October 1, 2008, to qualify for such treatment.)
Eliminates the restriction of such benefit on direct consolidation loans to that portion of the loan which is used to repay direct loans.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1