A bill to amend the Federal Direct Loan Program to provide that interest shall not accrue on Federal Direct Loans for active duty service members and their spouses.
Interest Relief Act - Amends the Higher Education Act of 1965 to provide that no interest shall accrue on student loans under the Federal Direct Loan program for individuals and the spouses of individuals who are serving on active duty or performing National Guard duty during a war or other military operation or national emergency. Limits receipt of such benefit to 60 months.
Sponsor introductory remarks on measure. (CR 10/9/2007 E2078)
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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