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Student Loan Deferment for Terrorism Victims

New rules allow victims of terrorist attacks to postpone federal student loan payments for up to one year. This aims to ease financial burdens for individuals affected by such tragic events. The decision on victim status will be made by the federal agency investigating the attack.
Key points
Federal student loan payments (including Perkins, FFEL, and Direct Loans) can be paused for up to one year for individuals designated as victims of a terrorist attack.
Victim status will be officially confirmed by the federal agency handling the investigation of the terrorist attack.
The U.S. Department of Education will implement anti-fraud protections to ensure proper use of these new provisions.
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Additional Information
Print number: 117_S_2020
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2021-06-10