GPA Act
Latest action · Jul 28, 2017 Referred to the House Committee on Education and the Workforce.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 28, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Grace Period Alleviation Act or the GPA Act
This bill amends the Higher Education Act of 1965 to allow a borrower of a Federal Direct Stafford Loan (whether subsidized or unsubsidized) to elect a one-year grace period before beginning repayment on the loan.
The Department of Education, through a loan modification process, must pay to each borrower who received a Federal Direct Stafford Loan for which the first disbursement was made between July 1, 2012, and July 1, 2014, an amount equal to the amount of interest that accrued on the loan prior to the beginning of the repayment period.
Cosponsors 2
Members who signed on, in the order they did. All signed on Jun 6, 2018.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Juan Vargas | Jun 6, 2018 | |
| D-CA | Tony Cárdenas | Jun 6, 2018 |
Actions 2
Everything that happened, newest first.
- Jul 28, 2017Introduced in House
- Jul 28, 2017Referred to the House Committee on Education and the Workforce.
Subjects
Assigned by the Library of Congress. Policy area: Education.
Text 1
Each version as it was printed, newest first.
- Jul 28, 2017Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.