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Military Spouse Student Loan Deferment Act
2/8/2022, 11:16 PM
Congressional Summary of HR 7433
Military Spouse Student Loan Deferment Act
This bill allows certain military spouses to defer payment on their federal student loans for 90 days. Specifically, borrowers are eligible to receive this deferment if (1) their spouse is an active duty service member of the Armed Forces, (2) they have lost their employment due to a permanent change in duty station of their spouse, and (3) they provide certain documentation to the Department of Education. Loan interest shall not accrue during the deferment period.
Read the Full Bill
Current Status of Bill HR 7433
Bill HR 7433 is currently in the status of Bill Introduced since June 30, 2020. Bill HR 7433 was introduced during Congress 116 and was introduced to the House on June 30, 2020. Bill HR 7433's most recent activity was Referred to the House Committee on Education and Labor. as of June 30, 2020
Bipartisan Support of Bill HR 7433
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
7Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7433
Primary Policy Focus
EducationPotential Impact Areas
- Government lending and loan guarantees
- Higher education
- Interest, dividends, interest rates
- Marriage and family status
- Military personnel and dependents
- Student aid and college costs
- Unemployment
Alternate Title(s) of Bill HR 7433
Military Spouse Student Loan Deferment Act
To amend the Higher Education Act of 1965 to provide student loan deferment for dislocated military spouses, and for other purposes.
Military Spouse Student Loan Deferment Act
Comments
Sponsors and Cosponsors of HR 7433
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