Search Results for keywords:"interest-free deferment"

Search Results: keywords:"interest-free deferment"

H. R. 2028 — To amend the Higher Education Act of 1965 to provide for interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program.
March 11, 2025
Status:Introduced in House
Congress:119
Words:416
H. R. 2028, also known as the “Resident Education Deferred Interest Act” or the “REDI Act,” aims to change the Higher Education Act of 1965. This bill would allow medical or dental interns and residents to delay repayments on their student loans without accumulating interest...
Simple Explanation
H. R. 2028 wants to help people studying to become doctors or dentists by letting them pause their student loan payments without having to pay extra money on top when they're still learning in hospitals.
S. 942 — To amend the Higher Education Act of 1965 to provide for interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program.
March 11, 2025
Status:Introduced in Senate
Congress:119
Words:431
S. 942, also known as the “Resident Education Deferred Interest (REDI) Act,” aims to change the Higher Education Act of 1965. This bill proposes that borrowers who are completing a medical or dental internship or residency can defer their student loan payments without...
Simple Explanation
S. 942, the "Resident Education Deferred Interest (REDI) Act," is like a special break for doctors and dentists in training where they don’t have to pay back their school loans or worry about extra costs while they are learning.

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