HR 4286
112th Congress
House
Education
Government lending and loan guarantees
Higher education
Student aid and college costs
Student Loan Grace Period Extension Act
Introduced: March 28, 2012
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 26, 2012
Referred to the Subcommittee on Higher Education and Workforce Training.
Mar 28, 2012
Referred to the House Committee on Education and the Workforce.
Mar 28, 2012
Sponsor introductory remarks on measure. (CR E465-466)
Mar 28, 2012
Introduced in House
Plain-English summary
Student Loan Grace Period Extension Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to extend the grace period before payment must begin on Direct Stafford Loans from 6 months to 12 months after borrowers cease to carry at least one-half the normal full-time academic workload.
Extends the federal interest subsidy on Direct Stafford Loans to all of the interest accrued on such loans before the loan repayment period begins. (Currently, the subsidy applies to all of the interest accrued before a borrower ceases to carry at least one-half the normal full-time academic workload.)
What's happening now
Referred to the Subcommittee on Higher Education and Workforce Training.
Committees of jurisdiction
2