Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
115-hr-3560115th Congress
GPA Act
Sponsored By: Representative Aguilar, Pete [D-CA-33]
Unknown
Summary
Grace Period Alleviation Act or the GPA Act This bill amends the Higher Education Act of 1965 to allow a borrower of a Federal Direct Stafford Loan (whether subsidized or unsubsidized) to elect a one-year grace period before beginning repayment on the loan. The Department of Education, through a loan modification process, must pay to each borrower who received a Federal Direct Stafford Loan for which the first disbursement was made between July 1, 2012, and July 1, 2014, an amount equal to the amount of interest that accrued on the loan prior to the beginning of the repayment period.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Aguilar, Pete [D-CA-33]
CA • D
Cosponsors
Rep. Vargas, Juan [D-CA-52]
CA • D
Sponsored 6/6/2018
Rep. Cárdenas, Tony [D-CA-29]
CA • D
Sponsored 6/6/2018
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov