REDI Act

Hozzl · 2023-12-15T16:06:25Z

Explore the details of Senate Bill 704 REDI Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Education. Stay informed on legislative developments.

12/15/2023, 4:06 PM

Congressional Summary of S 704

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.

Current Status of Bill S 704

Bill S 704 is currently in the status of Bill Introduced since March 8, 2023. Bill S 704 was introduced during Congress 118 and was introduced to the Senate on March 8, 2023. Bill S 704's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of March 8, 2023

Bipartisan Support of Bill S 704

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 704

Primary Policy Focus

Education

Alternate Title(s) of Bill S 704

REDI Act

Resident Education Deferred Interest Act

A 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.