United States · Bill · HR
H.R. 6397 (116th)
Coronavirus Emergency Student Loan Refinancing Act
Introduced
26 March 2020
Last action
—
Status
Referred to the House Committee on Education and Labor.
Sponsors
—
Subjects
Discovery layer
Source updated
21 July 2025
Summary
Coronavirus Emergency Student Loan Refinancing Act This bill establishes refinancing programs for federal and private student loans. Specifically, the bill establishes a program that allows qualified borrowers to refinance their federal student loans down to lower interest rates. Such refinanced interest rates are (1) calculated based on the type of student loan (e.g., Stafford), and (2) fixed for the period of the loan. In addition, the bill creates the Federal Direct Refinanced Private Loan as a new type of loan. Such loans allow qualified borrowers to refinance their private education loans.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 26 March 2020
Introduced in House (PDF)
Introduced in House · EN · 26 March 2020
Introduced in House
summary · EN · 26 March 2020
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/6397
- Open data entity: https://api.congress.gov/v3/bill/116/hr/6397