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Code · BILL · 116th Congress · H.R. 6379 (Introduced in House) — Making emergency supplemental appropriations for the fiscal year ending September 30, 2020, and for other purposes. · Sec. 100108

Sec. 100108. Institutional refunds and federal student loan flexibility

418 words·~2 min read·/bill/116/hr/6379/ih/section-100108

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The Secretary shall waive the institutional requirement under section 484B of the Higher Education Act of 1965 ( 20 U.S.C. 1091b ) with respect to the amount of grant or loan assistance (other than assistance received under part C of title IV of such Act) to be returned under such section if a recipient of assistance under title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.) withdraws from the institution of higher education during the payment period or period of enrollment as a result of a qualifying emergency.
The Secretary shall require each institution using a waiver relating to the withdrawal of recipients under this subsection to report the number of such recipients, the amount of grant or loan assistance (other than assistance received under part C of title IV of such Act) associated with each such recipient, and the total amount of grant or loan assistance (other than assistance received under part C of title IV of such Act) for which each institution has not returned assistance under title IV to the Secretary.
The Secretary shall waive the amounts that students are required to return under section 484B of the Higher Education Act of 1965 ( 20 U.S.C. 1091b ) with respect to Federal Pell Grants or other grant assistance if the withdrawals on which the returns are based are withdrawals by students who withdrew from the institution of higher education as a result of a qualifying emergency. Notwithstanding any other provision of the Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq.), the Secretary shall cancel the borrower’s obligation to repay the entire portion of a loan made under part D of title IV of such Act ( 20 U.S.C. 1087a et seq.) associated with a payment period for a recipient of such loan who withdraws from the institution of higher education during the payment period as a result of a qualifying emergency.
Notwithstanding any other provision of the Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq.), for purposes of receiving assistance under title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.), an institution of higher education may, as a result of a qualifying emergency, provide a student with an approved leave of absence that does not require the student to return at the same point in the academic program that the student began the leave of absence if the student returns within the same semester (or the equivalent).
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Sec. 100108
Institutional refunds and federal student loan flexibility
U.S.C.§ 1091b
U.S.C.§ 1070
U.S.C.§ 1001
U.S.C.§ 1087a
Cites 4Cited by 0 across 0 sources
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