Coronavirus Emergency Student Loan Refinancing Act

referredUnited States· United States Congress· EN

Introduced

4 March 2021

Last action

4 March 2021 · Introduced

Status

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

Summary

Coronavirus Emergency Student Loan Refinancing Act This bill establishes a refinancing program for federal student loans. Specifically, the Department of Education (ED) must, within 30 days, establish a program that allows qualified borrowers to refinance their federal student loans down to lower interest rates. The 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 requires ED to establish eligibility requirements for the refinancing program based on income or debt-to-income ratio. ED must also coordinate with the Consumer Financial Protection Bureau to alert borrowers of their program eligibility.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

4 March 2021
Introduced
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Source: IntroReferral
4 March 2021
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 4 March 2021 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 4 March 2021
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Introduced in Senate (PDF)
Introduced in Senate · EN · 4 March 2021
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Introduced in Senate
summary · EN · 4 March 2021
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to ← Student Loan Refinancing Act
related to ← HIGHER ED Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/117th-congress/senate-bill/603
Open data entity: https://api.congress.gov/v3/bill/117/s/603
us · 117-s-603 · source updated 21 April 2025