REDI Act

12/15/2023, 4:06 PM

Resident Education Deferred Interest Act or the REDI Act

This bill allows borrowers in medical or dental internships or residency programs to defer student loan payments until the completion of their programs.

Congress
118
Number
S - 704
Introduced on
2023-03-08
# Amendments
0
Sponsors
+5
Cosponsors
+5

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Resident Education Deferred Interest Act or the REDI Act

This bill allows borrowers in medical or dental internships or residency programs to defer student loan payments until the completion of their programs.

Alternative Names
Official Title as IntroducedA bill to amend the Higher Education Act of 1965 to provide for interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program.
Policy Areas
Education

Comments

Related

Member:  Kirsten E. Gillibrand
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Recent Activity

Latest Summary3/30/2023

Resident Education Deferred Interest Act or the REDI Act

This bill allows borrowers in medical or dental internships or residency programs to defer student loan payments until the completion of their progr...

Latest Action3/8/2023
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.