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US HR3486

US HR3486
Recognizing Military Service in PSLF Act


summary

Introduced
05/25/2021
In Committee
05/25/2021
Crossed Over
Passed
Dead
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 certain federal student loans are in deferment during a period of active duty service as a month counted toward public service loan forgiveness (PSLF). The PSLF program allows for federal student loans to be forgiven after the borrower makes 120 qualifying monthly payments while employed in a public service job. This bill ensures that periods of active military duty, during which loan payments may be deferred, are still counted toward the 120 required payments for PSLF.

Committee Categories

Education

Sponsors (8)

Last Action

Referred to the House Committee on Education and Labor. (on 05/25/2021)

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