# 119-hr-9166: Student Loan Refinancing Act of 2026

119-hr-9166, Student Loan Refinancing Act of 2026, is a 119th Congress bill sponsored by Rep. Turner, Michael R. [R-OH-10] (R-OH); status introduced; PRIA reads it as touching household money (as of 2026-06-25).

- Canonical: https://policyrisk.com/legislation/119-hr-9166
- As of: 2026-06-25
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9166
- Congress: 119
- Title: Student Loan Refinancing Act of 2026
- Status: introduced
- Introduced: 2026-06-04
- Sponsor: Rep. Turner, Michael R. [R-OH-10] (R-OH)
- Cosponsors: 3
- Policy area: Education
- Touches household money: yes
- Last recorded action: 2026-06-25

## Summary

**A federal refinancing program for federal student loans.** This bill would create a new refinancing channel that lets eligible borrowers convert Federal Direct and Federal Family Education Loan program loans into fixed‑rate Direct loans with interest rates tied to the original loan type.

## Cosponsors (3)

- Rep. Norcross, Donald [D-NJ-1] (D-NJ), 2026-06-04T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2026-06-04T00:00:00.000Z
- Rep. Doggett, Lloyd [D-TX-37] (D-TX), 2026-06-04T00:00:00.000Z

## Provisions PRIA read

- Federal student loan refinancing program: benefit, high. If enacted, the bill would require the Secretary to set up a federal refinancing program within 30 days. You would be able to apply to refinance a Federal student loan into a new Direct loan equal to your unpaid principal plus accrued unpaid interest and late charges. For loans originally under par…
- Interest rules for refinanced student loans: mixed, medium. If enacted, the bill would set the interest rate on a refinanced loan to the rate that applies to the corresponding Direct loan on the date the new loan is made. That rate would be fixed for the life of the refinanced loan. For consolidation refinancings, the rate would be a weighted average of eac…
- Protections and limits when you refinance: mixed, medium. If enacted, the bill would treat a refinanced loan as if it was made on the original loan date. That would preserve any CARES Act payment or interest suspensions tied to the original loan date. The bill would allow qualifying payments on original and refinanced loans to count together for Income-Ba…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-3184: PFAS Alternatives Act
- 119-hr-1065: Protect Our Letter Carriers Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-1269: Honoring Our Fallen Heroes Act of 2025
- 119-hr-3112: Better CARE for Animals Act of 2025

## Sources
- [119-hr-9166 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9166)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-3184: PFAS Alternatives Act](https://policyrisk.com/legislation/119-hr-3184)
- [119-hr-1065: Protect Our Letter Carriers Act of 2025](https://policyrisk.com/legislation/119-hr-1065)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-1269: Honoring Our Fallen Heroes Act of 2025](https://policyrisk.com/legislation/119-hr-1269)
- [119-hr-3112: Better CARE for Animals Act of 2025](https://policyrisk.com/legislation/119-hr-3112)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9166 (as of 2026-06-25).