US HB4286 | 2011-2012 | 112th Congress


Status

September 26 2012 - Referred to the Subcommittee on Higher Education and Workforce Training.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

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.)

Tracking Information

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Title

Student Loan Grace Period Extension Act

Sponsors


History

DateChamberAction
2012-09-26HouseReferred to the Subcommittee on Higher Education and Workforce Training.
2012-03-28HouseReferred to the House Committee on Education and the Workforce.
2012-03-28HouseSponsor introductory remarks on measure. (CR E465-466)

Subjects


US Congress State Sources


Bill Comments

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