S. 1822 · 110th Congress

Interest Relief Act

Stage
In committee
Sponsor
Evan Bayh
Introduced
2007-07-19
Latest action
2007-07-19 · Introduced in Senate

Summary

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.