United States · Bill · HR
H.R. 5622 (114th)
GPA Act
Introduced
5 July 2016
Last action
—
Status
Referred to the Subcommittee on Higher Education and Workforce Training.
Sponsors
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Subjects
Discovery layer
Source updated
23 March 2026
Summary
Grace Period Alleviation Act or the GPA Act This bill amends the Higher Education Act of 1965 to allow a borrower of a Federal Direct Stafford Loan (whether subsidized or unsubsidized) to elect a one-year grace period before beginning repayment on the loan. The Department of Education, through a loan modification process, must pay to each borrower who received a Federal Direct Stafford Loan for which the first disbursement was made between July 1, 2012, and July 1, 2014, an amount equal to the amount of interest that accrued on the loan prior to the beginning of the repayment period.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 5 July 2016
Introduced in House (PDF)
Introduced in House · EN · 5 July 2016
Introduced in House
summary · EN · 5 July 2016
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/114th-congress/house-bill/5622
- Open data entity: https://api.congress.gov/v3/bill/114/hr/5622