Sec. 4513. Temporary relief for federal student loan borrowers
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/bill/116/s/3548/is/section-4513·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary shall suspend all payments due for loans made under part D of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1087a et seq.) for 3 months. Notwithstanding any other provision of the Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq.), interest shall not accrue on a loan described under subsection
(a)for which payment was suspended for the period of the suspension. The Secretary shall deem each month for which a loan payment was suspended under this section as if the borrower of the loan had made a payment for the purpose of any loan forgiveness program authorized under part D of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1087a et seq.) for which the borrower would have otherwise qualified. The Secretary may extend the period of suspension described under subsection
(a)for an additional 3 months.
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