summary
Introduced
04/29/2021
04/29/2021
In Committee
04/29/2021
04/29/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To direct the Secretary of Education to deem each month for which certain Federal student loans are in deferment during a period of active duty service as months counted toward public service loan forgiveness.
AI Summary
This bill, the Recognizing Military Service in PSLF Act, directs the Secretary of Education to count each month that a borrower's federal student loans were in deferment during a period of active-duty service towards the Public Service Loan Forgiveness (PSLF) program. The PSLF program allows eligible borrowers working in public service jobs to have their remaining federal student loan balance forgiven after making 120 qualifying monthly payments. This bill aims to ensure that borrowers who deferred their loans during active military service are not penalized and can still have those periods counted towards the 120 required payments for PSLF.
Committee Categories
Health and Social Services
Sponsors (7)
Maggie Hassan (D)*,
Kevin Cramer (R),
Tammy Duckworth (D),
Tim Kaine (D),
Lisa Murkowski (R),
Jack Reed (D),
Marco Rubio (R),
Last Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (on 04/29/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/1480/all-info |
| BillText | https://www.congress.gov/117/bills/s1480/BILLS-117s1480is.pdf |
| Bill | https://www.congress.gov/117/bills/s1480/BILLS-117s1480is.pdf.pdf |
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