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Student Loan Payment Deferment for Victims of Terrorist Attacks.

This law allows individuals officially designated as victims of a terrorist attack to postpone their federal student loan payments for up to one year. The goal is to provide necessary financial relief during recovery. Eligibility requires official designation by the federal agency investigating the attack.
Key points
Victims of terrorist attacks can defer payments on federal student loans (including Direct Loans and FFEL) for a maximum period of one year.
Eligibility requires official designation as a victim by the head of the federal agency handling the investigation of the attack.
The Secretary of Education must implement anti-fraud protections for this new deferment program.
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Additional Information
Print number: 118_S_409
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-02-14