S 1775 · 111th Congress · Education

Servicemember Student Loan Interest Relief Act

Introduced 2009-10-13· Sponsored by Sen. Bayh, Evan [D-IN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2009-10-13)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (16)

13 Democrats2 Republicans1 Independent