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COVID-19 Federal Student Loan Relief Extension

This act expands and extends relief for federal student loan borrowers due to the COVID-19 pandemic. It means many students and graduates will have their payments and interest accrual suspended for a longer period, potentially providing financial relief. Additionally, the act covers a broader range of loans and introduces refunds for those who have already made payments.
Key points
Payment Suspension: Federal student loan payments will be suspended until 30 days after the end of the COVID-19 public health emergency.
No Interest Accrual: Interest on federal student loans will not accrue during this period, and in some cases, will be refunded if already paid.
Expanded Coverage: The relief will cover a broader range of federal student loans, including those not previously included.
Credit History Protection: For an additional 30 days after the suspension ends, missed payments will not negatively impact credit history or incur penalties.
Repayment Plan Flexibility: Borrowers on income-driven repayment plans will not need to recertify their income or family size until the end of 2021.
Refunds for Past Payments: Borrowers who made payments or paid interest on certain loan types between March 13, 2020, and the act's enactment date may receive refunds.
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Expired
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Additional Information
Print number: 117_HR_394
Sponsor: Rep. Courtney, Joe [D-CT-2]
Process start date: 2021-01-21
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

COVID–19 Student Loan Relief Extension Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_394.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-01-21.

What are the main provisions?

Key points include:

  • Payment Suspension: Federal student loan payments will be suspended until 30 days after the end of the COVID-19 public health emergency.
  • No Interest Accrual: Interest on federal student loans will not accrue during this period, and in some cases, will be refunded if already paid.
  • Expanded Coverage: The relief will cover a broader range of federal student loans, including those not previously included.
  • Credit History Protection: For an additional 30 days after the suspension ends, missed payments will not negatively impact credit history or incur penalties.
  • Repayment Plan Flexibility: Borrowers on income-driven repayment plans will not need to recertify their income or family size until the end of 2021.
  • Refunds for Past Payments: Borrowers who made payments or paid interest on certain loan types between March 13, 2020, and the act's enactment date may receive refunds.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Courtney, Joe [D-CT-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and Labor.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

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