Skip to main content
HR 3024 117th Congress House Education

Zero-Percent Student Loan Refinancing Act

Introduced: May 7, 2021 Introduced by: Courtney, Joe Democratic · Connecticut See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 7, 2021
Introduced in House
May 7, 2021
Referred to the House Committee on Education and Labor.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Zero-Percent Student Loan Refinancing Act

This bill establishes a temporary program through which the Department of Education (ED) must make interest-free refinancing loans to borrowers of federal student loans from August 1, 2021, through December 31, 2024.

The bill requires ED to automatically refinance Federal Direct Loans and notify each borrower of the refinancing.

Borrowers who have other types of eligible loans (i.e., Federal Family Education Loans, Federal Perkins Loans, and certain health profession and nursing loans) must apply for refinancing. ED and the Consumer Financial Protection Bureau must carry out a campaign to notify borrowers of these types of loans that they are eligible to apply for refinancing under the program.

What's happening now May 7, 2021

Referred to the House Committee on Education and Labor.

 Related & companion bills 1
  • S 4344 Related bill Zero-Percent Student Loan Refinancing Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Democratic 7
DOYLE, MIKE
· Oct 8, 2021
 D
Hayes, Jahana
Connecticut · May 7, 2021
 D
Larson, John B.
Connecticut · May 7, 2021
 D
Morelle, Joseph D.
New York · May 7, 2021
 D
Norton, Eleanor Holmes
District of Columbia · May 7, 2021
Perlmutter, Ed
· May 7, 2021
 D
Pingree, Chellie
Maine · May 7, 2021
Sires, Albio
· May 7, 2021
 D
Strickland, Marilyn
Washington · May 7, 2021
 D
Wilson, Frederica S.
Florida · May 7, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3024: Zero-Percent Student Loan Refinancing Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-3024/
MLA
"H.R. 3024: Zero-Percent Student Loan Refinancing Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-3024/.
Bluebook (legal)
H.R. 3024, 117th Cong. (2026), https://openamerica.io/bill/117-HR-3024/.
Markdown link
[H.R. 3024: Zero-Percent Student Loan Refinancing Act](https://openamerica.io/bill/117-HR-3024/)
Report a problem