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Code · BILL · 113th Congress · H.R. 4974 (Introduced in House) — To amend title 38, United States Code, to direct the Secretary of Veterans Affairs to provide for the repayment of hi... · Sec. 2

Sec. 2. Repayment of higher education loans for employees participating in an income-based repayment plan

153 words·~1 min read·/bill/113/hr/4974/ih/section-2

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Chapter 7 of title 38, United States Code, is amended by adding at the end the following new section: The Secretary shall establish and carry out a program to make each monthly payment owed by an employee of the Department on a covered loan during the period of service of such employee to the Department. In this section, the term covered loan means a loan— made, insured, or guaranteed under part B or part D of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq. ); and in repayment under an income-based repayment plan under section 493C of such Act ( 20 U.S.C. 1098e ). .
The table of sections for chapter 7 of title 38, United States Code, is amended by adding at the end the following new item: 713. Program for repayment of higher education loans for employees participating in an income-based repayment plan. .
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Sec. 2
Repayment of higher education loans for employees participating in an income-based repayment plan
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