Bill116th CongressFiled Mar 20, 2020Education
S. 3556
COVID-19 Graduate Relief Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Mar 20, 2020)
COVID-19 Graduate Relief Act
This bill allows students who graduate from institutions of higher education in 2020 to defer payments on their federal student loans for up to three years.
The Department of Education (ED) may extend deferment eligibility to students who graduate in 2021 and 2022, if ED determines that the anticipated economic impact of the coronavirus (i.e., the virus that causes COVID-19 or another coronavirus with pandemic potential) on these graduates necessitates an extension. ED must consider certain factors, such as recent unemployment statistics from the Bureau of Labor Statistics, when determining whether to extend deferment eligibility to these graduates.What just happenedMar 20, 2020
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Who’s behind it
Sen. Romney, Mitt [R-UT](R-UT)Sponsor
1committees2actions1related bills9subjects
- Introduced in SenateMar 20, 2020
- Mar 20, 2020IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health, Education, Labor, and Pensions Committee - Mar 20, 2020IntroReferral10000
Introduced in Senate