Sec. 309. ### (a)
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## SEC. 309 ###
(a)Section 455(f) of the Higher Education Act of 1965 (20 U.S.C. 1087e(f)) is amended— ####
(1)by redesignating paragraphs
(3)and
(4)as paragraphs
(4)and (5), respectively; and ####
(2)by inserting after paragraph
(2)the following: > > #### “(3) Deferment for borrowers receiving cancer treatment > > > ##### “(A) Effect on principal and interest > > 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. > > > ##### “(B) Eligibility > > A borrower of a loan made under this part shall be eligible for a deferment during— > > > ###### “(i) > > any period in which such borrower is receiving treatment for cancer; and > > > ###### “(ii) > > the 6 months after such period. > > > ##### “(C) Applicability > > This paragraph shall apply with respect to loans— > > > ###### “(i) > > made on or after the date of the enactment of this paragraph; or > > > ###### “(ii) > > in repayment on the date of the enactment of this paragraph.” > . ###
(b)Section 427(a)(2)(C) of the Higher Education Act of 1965 (20 U.S.C. 1077(a)(2)(C)) is amended— ####
(1)in clause (ii), by striking “; or” and inserting a semicolon; ####
(2)in clause (iii), by inserting “or” after the semicolon; and ####
(3)by inserting after clause
(iii)the following: > > ###### “(iv) > > in which the borrower is receiving treatment for cancer and the 6 months after such period.” > . ###
(c)Section 428(b)(1)(M) of the Higher Education Act of 1965 (20 U.S.C. 1078(b)(1)(M)) is amended— ####
(1)in clause (iii), by striking “or (II); or” and inserting a “or (II);”; ####
(2)in clause (iv), by inserting “or” after the semicolon; and ####
(3)by adding at the end the following: > > ### “(v) > > during which the borrower is receiving treatment for cancer and the 6 months after such period;” > . ###
(d)Section 464(c)(2) of the Higher Education Act of 1965 (20 U.S.C. 1087dd(c)(2)) is amended— ####
(1)in subparagraph (A)— #####
(A)in clause (iv), by striking “; or” and inserting a semicolon; #####
(B)in clause (v), by inserting “or” after the semicolon; and #####
(C)by inserting after clause
(v)the following: > > ###### “(vi) > > during which the borrower is receiving treatment for cancer and the 6 months after such period;” > . ###
(e)Section 428H(e)(2) of the Higher Education Act of 1965 (20 U.S.C. 1078-8(e)(2)) is amended— ####
(1)in subparagraph (A), by striking “Interest” and inserting, “Except as provided in subparagraph (C), interest”; and ####
(2)by adding at the end the following: > > ##### “(C) > > Interest shall not accrue on a loan deferred under section 428(b)(1)(M)(v) or 427(a)(2)(C)(iv).” > . ###
(f)**[**[20 U.S.C. 1077 note](/us/usc/t20/s1077)**]** The amendments made by this Act shall apply with respect to loans— ####
(1)made on or after the date of the enactment of this Act; or ####
(2)in repayment on the date of the enactment of this Act.
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