House
Sep 26, 2012

To provide interest-free deferment on unsubsidized student loans during periods of unemployment, and for other purposes.

Summary

Official

Graduate Success Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to pay the interest that accrues on unsubsidized Federal Family Education Loans (FFELs) and Direct Loans (DLs) that are deferred due to a student borrower's lack of full-time employment. Requires the Secretary to pay the interest that accrues on Federal...

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Bill Progress

Committee is reviewing, marking up, or holding hearings on the bill

Introduced(6/5/12)
Committee
Passed House
Passed Senate
President
Law

Cosponsors (28)

Latest Action

Referred to the Subcommittee on Higher Education and Workforce Training.

Sep 26, 2012