COVID-19 Graduate Relief Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 14, 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 happenedApr 14, 2020
Referred to the House Committee on Education and Labor.
Who’s behind it
- Introduced in HouseApr 14, 2020
- Apr 14, 2020IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - Apr 14, 2020IntroReferralIntro-H
Introduced in House
- Apr 14, 2020IntroReferral1000
Introduced in House