Recognizing Military Service in PSLF Act

Summary

Recognizing Military Service in PSLF Act This bill requires the Department of Education to count each month for which a borrower's federal student loan payment was in deferment or forbearance during a period of active duty, including certain National Guard duty, as a qualifying payment for the purpose of the Public Service Loan Forgiveness (PSLF) program. Under current law, a borrower who is a service member is eligible to receive student loan forgiveness under the PSLF program; however, if the borrower places their loan into deferment or forbearance while they are on active duty, that period of time does not count as a qualifying payment for the PSLF program.

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Timeline

1. 29 April 2021

   Introduced

   Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

   Source: IntroReferral

2. 29 April 2021

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 29 April 2021 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 29 April 2021

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 29 April 2021

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 29 April 2021

  Open at official source

Sponsors

• Maggie Hassan · D · Sponsor
• Sen. Rubio, Marco [R-FL] · R · Sponsor
• Timothy Kaine · D · Sponsor
• Kevin Cramer · R · Sponsor
• John Reed · D · Sponsor
• Lisa Murkowski · R · Sponsor
• Tammy Duckworth · D · Sponsor
• · sshr00 · Standing

Related records

• related to ← Recognizing Military Service in PSLF Act