Code · BILL · 117th Congress · H.R. 8655 (Introduced in House) — To streamline and improve the Federal student loan program to protect borrowers and taxpayers, prohibit the Secretary... · Sec. 221

Sec. 221. Repayment terms for Federal Direct Consolidation Loans

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Section 428C(c) ( 20 U.S.C. 1078–3(c) ) is amended— in paragraph (2)(A), in the first sentence of subparagraph (A), by inserting , including income-based repayment schedules under section 460A, in the case of Federal Direct Consolidation Loans made on or after July 1, 2023 after income-based repayment schedules ; and in paragraph (3)— in subparagraph (A), by inserting or an income-based repayment schedule under section 460A after section 493C ; and in subparagraph (C), by inserting or an income-based repayment schedule under section 460A after section 493C .

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20 USC 1078–3(c)

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Sec. 221

Repayment terms for Federal Direct Consolidation Loans

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