Servicemember Student Loan Affordability Act of 2015

Fact Sheet API

Bill Number

S 1557

Introduced

Jun 11, 2015

Latest Action

Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)

Sponsor

Cosponsors

Topics

Armed Forces and National Security Interest, dividends, interest rates Military personnel and dependents Student aid and college costs

Full Text

View Full Bill Text

Votes

Summary

Servicemember Student Loan Affordability Act of 2015

Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

Actions

Jun 11, 2015

Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)
Jun 11, 2015

Introduced in Senate

Amendments

Related Bills