H.R. 4286 (112th): Student Loan Grace Period Extension Act

Introduced:
Mar 28, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Janice Hahn [D-CA36]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on March 28, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 28, 2012
Referred to Committee Mar 28, 2012
Cosponsors
23 cosponsors (23D) (show)
Committees

House Education and the Workforce

The committee chair determines whether a bill will move past the committee stage.

Full Title

To restore and extend the grace period before repayment begins on Federal Direct Stafford loans and Federal Direct Unsubsidized Stafford Loans.

Summary

No summaries available.

Text

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Last updated Mar 28, 2012.
5 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

3/28/2012--Introduced.
Student Loan Grace Period Extension Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to extend the grace period before payment must begin on Direct Stafford Loans from 6 months to 12 months after borrowers cease to carry at least one-half the normal full-time academic workload.
Extends the federal interest subsidy on Direct Stafford Loans to all of the interest accrued on such loans before the loan repayment period begins.
(Currently, the subsidy applies to all of the interest accrued before a borrower ceases to carry at least one-half the normal full-time academic workload.)

House Republican Conference Summary

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The bill contains the following citations to other parts of U.S. law:

Slip Laws

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United States Code

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