H.R. 2349 · 113th Congress
GRAD Act of 2013
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
Negrete McLeodSponsor14 cosponsors · 14 D
D
Hahn
JC
D
Conyers
MB
D
Bordallo
MC
D
Cartwright
TC
D
Cárdenas
KE
D
Ellison
WE
D
Enyart
SF
D
Farr
RG
D
Grijalva
JL
D
Lewis
EN
D
Norton
GN
D
Napolitano
SP
D
Peters
BR
D
Rush1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Get Relief from Academic Debt Act of 2013 or the GRAD Act of 2013 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow borrowers of Direct Stafford Loans to opt to extend the period before they must begin to repay such loans to one year after they cease to carry at least one-half the normal full-time academic workload.
What it does: CRS summary · Introduced in House · Jun 13, 2013
Get Relief from Academic Debt Act of 2013 or the GRAD Act of 2013 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow borrowers of Direct Stafford Loans to opt to extend the period before they must begin to repay such loans to one year after they cease to carry at least one-half the normal full-time academic workload. (Currently, the repayment period for Direct Stafford Loans begins six months after borrowers cease to carry at least one-half the normal full-time academic workload.)
Subsidizes the interest that accrues on Direct Stafford Loans for the first six months of that extended grace period.
Makes this Act applicable to Direct Stafford Loans first disbursed on or after July 1, 2013.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: GRAD Act of 2013
Also known as: Get Relief from Academic Debt Act of 2013
Latest action (Jul 8, 2013): Referred to the Subcommittee on Higher Education and Workforce Training.
Policy area: Education · Origin: House · Introduced: Jun 13, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.