3.0.0 5622 2023-01-11T13:33:29Z 2023-01-11T13:33:29Z House HR 2016-07-05 114 [Congressional Record Volume 162, Number 107 (Tuesday, July 5, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. AGUILAR:H.R. 5622.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H4276]]]> hsed00 Education and the Workforce Committee House Standing hsed13 Higher Education and Workforce Development Subcomittee Referred to 2016-09-19T14:36:56Z Referred to 2016-07-05T16:01:00Z 2016-09-19 hsed13 Higher Education and Workforce Development Subcomittee 1 House committee actions Referred to the Subcommittee on Higher Education and Workforce Training. Committee 2016-07-05 Referred to the House Committee on Education and the Workforce. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2016-07-05 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-07-05 Introduced in House IntroReferral 1000 9 Library of Congress A000371 Rep. Aguilar, Pete [D-CA-31] Pete Aguilar D CA 31 N V000130 Rep. Vargas, Juan [D-CA-51] Juan Vargas D CA 51 2016-09-21 False N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2016-09-21 False R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2016-09-21 False K000368 Rep. Kirkpatrick, Ann [D-AZ-1] Ann Kirkpatrick D AZ 1 2016-09-21 False N000179 Rep. Napolitano, Grace F. [D-CA-32] GRACE NAPOLITANO D CA F. 32 2016-09-21 False S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2016-09-21 False C001097 Rep. Cárdenas, Tony [D-CA-29] Tony Cárdenas D CA 29 2016-09-22 False K000381 Rep. Kilmer, Derek [D-WA-6] Derek Kilmer D WA 6 2016-11-15 False Education Government lending and loan guarantees Higher education Interest, dividends, interest rates Student aid and college costs Education 00 2016-07-05 Introduced in House 2017-02-15T21:28:07Z Grace Period Alleviation Act or the GPA Act

This bill amends the Higher Education Act of 1965 to allow a borrower of a Federal Direct Stafford Loan (whether subsidized or unsubsidized) to elect a one-year grace period before beginning repayment on the loan.

The Department of Education, through a loan modification process, must pay to each borrower who received a Federal Direct Stafford Loan for which the first disbursement was made between July 1, 2012, and July 1, 2014, an amount equal to the amount of interest that accrued on the loan prior to the beginning of the repayment period.

]]> GPA Act Display Title GPA Act Official Title as Introduced To amend the Higher Education Act of 1965 to give borrowers an option to extend the grace period prior to the beginning of the repayment period, and for other purposes. Introduced in House IH Short Titles as Introduced GPA Act Short Titles as Introduced Grace Period Alleviation Act Introduced in House 2016-07-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5622ih/xml/BILLS-114hr5622ih.xml 2016-09-19 Referred to the Subcommittee on Higher Education and Workforce Training. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.