Senate Bill 1480
117th Congress(2021-2022)
Recognizing Military Service in PSLF Act
Introduced
Introduced in Senate on Apr 29, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1480
Congress
117
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
No Senate votes have been held for this bill.
Summary
Recognizing Military Service in PSLF Act
This bill requires the Department of Education to count each month for which a borrower's federal student loan payment was in deferment or forbearance during a period of active duty, including certain National Guard duty, as a qualifying payment for the purpose of the Public Service Loan Forgiveness (PSLF) program.
Under current law, a borrower who is a service member is eligible to receive student loan forgiveness under the PSLF program; however, if the borrower places their loan into deferment or forbearance while they are on active duty, that period of time does not count as a qualifying payment for the PSLF program.
April 29, 2021
04/29/2021
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
04/29/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:49:04 PM