No Student Loan Interest Act

United States117th CongressHR-4725House of Representatives
Updated: Jul 27, 2021

Summary

No Student Loan Interest Act This bill provides for zero-interest rates on certain federal student loans. Specifically, the bill sets the interest rate at 0% for (1) existing loans made under the Federal Family Education Loan Program or the Federal Direct Loan Program, and (2) new loans made under the Federal Direct Loan Program.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Education and Labor.

    House of Representatives

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