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Interest-Free Student Loans for Medical and Dental Residents

This bill aims to ease the financial burden on medical and dental students. If they are in an internship or residency program, they will not accrue interest on their federal student loans. This provides significant financial relief during a critical phase of their professional training.
Key points
No interest will accrue on federal student loans for borrowers in medical or dental internship/residency programs.
Borrowers will not be required to make principal payments during this deferment period.
The change supports future doctors and dentists by reducing their debt burden.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_4122
Sponsor: Rep. Babin, Brian [R-TX-36]
Process start date: 2021-06-24
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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

REDI Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4122.

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 2021-06-24.

What are the main provisions?

Key points include:

  • No interest will accrue on federal student loans for borrowers in medical or dental internship/residency programs.
  • Borrowers will not be required to make principal payments during this deferment period.
  • The change supports future doctors and dentists by reducing their debt burden.
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. Babin, Brian [R-TX-36].

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.

CATEGORIES

Education Health