summary
Introduced
03/08/2023
03/08/2023
In Committee
03/08/2023
03/08/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Higher Education Act of 1965 to provide for interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program.
AI Summary
This bill, the Resident Education Deferred Interest (REDI) Act, amends the Higher Education Act of 1965 to provide interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program. Specifically, the bill allows these borrowers to defer making principal payments and accruing interest on their student loans during their internship or residency program, which can provide financial relief as they complete their medical training.
Committee Categories
Health and Social Services
Sponsors (17)
Jacky Rosen (D)*,
John Boozman (R),
Laphonza Butler (D),
Maria Cantwell (D),
Susan Collins (R),
Chris Coons (D),
Dick Durbin (D),
Kirsten Gillibrand (D),
Mark Kelly (D),
John Neely Kennedy (R),
Mike Lee (R),
Jeff Merkley (D),
Lisa Murkowski (R),
Jon Ossoff (D),
Rand Paul (R),
Chris Van Hollen (D),
Ron Wyden (D),
Last Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (on 03/08/2023)
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/118th-congress/senate-bill/704/all-info |
| BillText | https://www.congress.gov/118/bills/s704/BILLS-118s704is.pdf |
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