This bill aims to make it easier for graduate and professional students to access federal loans by restoring the authority to issue these loans until mid-2025. This is important for students who need financial support to continue their education.
If you are a graduate student, you could get federal loans again to help pay for your education.
Who this affects
Graduate students · Professional students
What changes is this bill making?
1This bill allows the Secretary of Education to give loans to graduate and professional students.
2It reinstates the ability to issue Federal Direct Stafford Loans that was temporarily stopped.
3The changes will take effect until June 30, 2025.
4The bill removes certain rulemaking requirements for these loans.
