US HB2349 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 15-0)
Status: Introduced on June 13 2013 - 25% progression, died in committee
Action: 2013-07-08 - Referred to the Subcommittee on Higher Education and Workforce Training.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Get Relief from Academic Debt Act of 2013 or the GRAD Act of 2013 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow borrowers of Direct Stafford Loans to opt to extend the period before they must begin to repay such loans to one year after they cease to carry at least one-half the normal full-time academic workload. (Currently, the repayment period for Direct Stafford Loans begins six months after borrowers cease to carry at least one-half the normal full-time academic workload.) Subsidizes the interest that accrues on Direct Stafford Loans for the first six months of that extended grace period. Makes this Act applicable to Direct Stafford Loans first disbursed on or after July 1, 2013.

Tracking Information

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Title

Get Relief from Academic Debt Act of 2013

Sponsors


History

DateChamberAction
2013-07-08HouseReferred to the Subcommittee on Higher Education and Workforce Training.
2013-06-17HouseSponsor introductory remarks on measure. (CR H3658)
2013-06-13HouseReferred to the House Committee on Education and the Workforce.

Same As/Similar To

HB5399 (Related) 2014-11-17 - Referred to the Subcommittee on Higher Education and Workforce Training.

Subjects


US Congress State Sources


Bill Comments

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