Sec. 20033. Active duty deferment periods counted toward public service loan forgiveness
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Section 455(m) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(m) ) is amended— by redesignating paragraphs
(2)through
(4)as paragraphs
(3)through (5), respectively; and in paragraph (1), in the matter preceding subparagraph (A), by striking paragraph
(2)and inserting paragraph
(3); and by inserting after paragraph
(1)the following: Notwithstanding paragraph(1)(A) and subject to subparagraph (B), the Secretary shall deem each month for which a loan payment was in deferment under subsection (f)(2) of this section or for which a loan payment was in forbearance under section 685.205(a)(7) of title 34, Code of Federal Regulations, (or similar successor regulations), for a borrower described in subsection (f)(2)(C) as if the borrower of the loan had made a payment for the purpose of public service loan forgiveness under this subsection. Subparagraph
(A)shall apply only to eligible Federal Direct Loans originated before the first day of fiscal year 2031. .
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Sec. 20033
Active duty deferment periods counted toward public service loan forgiveness
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