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Terrorism Survivors Student Loan Deferment Act of 2023
12/15/2023, 4:05 PM
Summary of Bill S 409
Bill 118 s 409, also known as the Terrorism Survivors Student Loan Deferment Act of 2023, is a piece of legislation introduced in the US Congress. The purpose of this bill is to provide student loan deferment for individuals who have been directly impacted by acts of terrorism.
Under this bill, individuals who have been classified as terrorism survivors would be eligible to defer their student loan payments for a period of time determined by the Secretary of Education. This deferment would apply to both federal and private student loans.
In order to qualify for this deferment, individuals would need to provide documentation proving their classification as a terrorism survivor. This documentation could include police reports, court records, or other official documents. The bill also includes provisions for the Secretary of Education to work with relevant agencies to streamline the process for applying for this deferment. Additionally, the Secretary would be required to report to Congress on the number of individuals who have utilized this deferment and the impact it has had on their ability to repay their student loans. Overall, the Terrorism Survivors Student Loan Deferment Act of 2023 aims to provide financial relief to individuals who have been directly impacted by acts of terrorism, allowing them to focus on their recovery without the burden of student loan payments.
Under this bill, individuals who have been classified as terrorism survivors would be eligible to defer their student loan payments for a period of time determined by the Secretary of Education. This deferment would apply to both federal and private student loans.
In order to qualify for this deferment, individuals would need to provide documentation proving their classification as a terrorism survivor. This documentation could include police reports, court records, or other official documents. The bill also includes provisions for the Secretary of Education to work with relevant agencies to streamline the process for applying for this deferment. Additionally, the Secretary would be required to report to Congress on the number of individuals who have utilized this deferment and the impact it has had on their ability to repay their student loans. Overall, the Terrorism Survivors Student Loan Deferment Act of 2023 aims to provide financial relief to individuals who have been directly impacted by acts of terrorism, allowing them to focus on their recovery without the burden of student loan payments.
Congressional Summary of S 409
Terrorism Survivors Student Loan Deferment Act of 2023
This bill allows a borrower who is a victim of a terrorist attack to defer payment of federal student loans for up to one year.
Current Status of Bill S 409
Bill S 409 is currently in the status of Bill Introduced since February 14, 2023. Bill S 409 was introduced during Congress 118 and was introduced to the Senate on February 14, 2023. Bill S 409's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of February 14, 2023
Bipartisan Support of Bill S 409
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 409
Primary Policy Focus
EducationComments
Sponsors and Cosponsors of S 409
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