Student Loan Repayment and FAFSA Simplification Act This bill replaces existing federal student loan repayment plans with one standard 10-year repayment plan and one income-based repayment plan. It also revises the process for filing a Free Application for Federal Student Aid.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Education
Student Loan Repayment and FAFSA Simplification Act
USA116th CongressS-4247| Senate
| Updated: 7/21/2020
Student Loan Repayment and FAFSA Simplification Act This bill replaces existing federal student loan repayment plans with one standard 10-year repayment plan and one income-based repayment plan. It also revises the process for filing a Free Application for Federal Student Aid.