US Congress House Bill 5895 (Prior Session Legislation)

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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]

Graduate Success Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to pay the interest that accrues on unsubsidized Federal Family Education Loans (FFELs) and Direct Loans (DLs) that are deferred due to a student borrower's lack of full-time employment. Requires the Secretary to pay the interest that accrues on Federal Consolidation Loans that are in deferment due to a borrower's lack of full-time employment, provided the application for such a loan is received on or after this Act's enactment. Directs the Secretary to pay the interest that accrues on FFELs and DLs that are subject to income-based repayment provisions and are in deferment due to a borrower's lack of full-time employment. Limits these interest-free deferment periods to those occurring on or after this Act's enactment and covering no more than three years of full-time unemployment.

Graduate Success Act

Rep Bass, Karen	Rep Bordallo, Madeleine Z.	Rep Boswell, Leonard L.	Rep Butterfield, G. K.
Rep Carson, Andre	Rep Castor, Kathy	Rep Cicilline, David N.	Rep Clarke, Hansen
Rep Clarke, Yvette D.	Rep Cleaver, Emanuel	Rep Conyers, John, Jr.	Rep Davis, Danny K.
Rep DeLauro, Rosa L.	Rep Filner, Bob	Rep Fudge, Marcia L.	Rep Gutierrez, Luis V.
Rep Hahn, Janice	Rep Hinchey, Maurice D.	Rep Hinojosa, Ruben	Rep Honda, Michael M.
Rep Jackson, Jesse L., Jr.	Rep Johnson, Henry C. "Hank," Jr.	Rep Kucinich, Dennis J.	Rep Lee, Barbara
Rep Lewis, John	Rep McDermott, Jim	Rep Nadler, Jerrold	Rep Norton, Eleanor Holmes
Rep Olver, John W.	Rep Rangel, Charles B.	Rep Reyes, Silvestre	Rep Richardson, Laura
Rep Richmond, Cedric L.	Rep Sablan, Gregorio Kilili Camacho	Rep Scott, Robert C. "Bobby"	Rep Sewell, Terri A.
Rep Stark, Fortney Pete	Rep Thompson, Bennie G.	Rep Tonko, Paul D.	Rep Towns, Edolphus

Date	Chamber	Action
2012-09-26	House	Referred to the Subcommittee on Higher Education and Workforce Training.
2012-06-05	House	Referred to the House Committee on Education and the Workforce.

Type	Source
Summary	http://thomas.loc.gov/cgi-bin/bdquery/z?d112:HN05895:@@@L&summ2=m&
Text	http://gpo.gov/fdsys/pkg/BILLS-112hr5895ih/pdf/BILLS-112hr5895ih.pdf