HR 3956 · 111th Congress · Education
Servicemember Student Loan Interest Relief Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.(2009-12-08)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only