Sec. 2. Student loan deferment for borrowers receiving cancer treatment
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/bill/115/hr/2976/ih/section-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 455(f) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(f) ) is amended— by redesignating paragraphs
(3)and
(4)as paragraphs
(4)and (5), respectively; and by inserting after paragraph
(2)the following: A borrower of a loan made under this part who meets the requirements of subparagraph
(B)shall be eligible for a deferment, during which periodic installments of principal need not be paid, and interest shall not accrue. A borrower of a loan made under this part shall be eligible for a deferment during— any period in which such borrower is receiving treatment for cancer; and the 6 months after such period. This paragraph shall apply with respect to loans— made on or after the date of the enactment of this paragraph; or in repayment on the date of the enactment of this paragraph. . Section 427(a)(2)(C) of the Higher Education Act of 1965 ( 20 U.S.C. 1077(a)(2)(C) ) is amended— in clause (ii), by striking ; or and inserting a semicolon; in clause (iii), by inserting or after the semicolon; and by inserting after clause
(iii)the following: in which the borrower is receiving treatment for cancer and the 6 months after such period. . Section 428(b)(1)(M) of the Higher Education Act of 1965 ( 20 U.S.C. 1078(b)(1)(M) ) is amended— in clause (iii), by striking or (II); or and inserting a or (II); ; in clause (iv), by inserting or after the semicolon; and by adding at the end the following: during which the borrower is receiving treatment for cancer and the 6 months after such period; . Section 464(c)(2) of the Higher Education Act of 1965 ( 20 U.S.C. 1087dd(c)(2) ) is amended— in subparagraph (A)— in clause (iv), by striking ; or and inserting a semicolon; in clause (v), by inserting or after the semicolon; and by inserting after clause
(v)the following: during which the borrower is receiving treatment for cancer and the 6 months after such period; . Section 428H(e)(2) of the Higher Education Act of 1965 ( 20 U.S.C. 1078–8(e)(2) ) is amended— in subparagraph (A), by striking Interest and inserting, Except as provided in subparagraph (C), interest ; and by adding at the end the following: Interest shall not accrue on a loan deferred under section 428(b)(1)(M)(v) or 427(a)(2)(C)(iv). . The amendments made by this Act shall apply with respect to loans— made on or after the date of the enactment of this Act; or in repayment on the date of the enactment of this Act.
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- 20 USC 1078–8(e)(2)
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Sec. 2
Student loan deferment for borrowers receiving cancer treatment
Cite20 USC 1078–8(e)(2)
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