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Bill
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Protecting Our Students by Terminating Graduate Rates that Add to Debt Act

H.R. 3418 · 116th Congress · Jun 21, 2019 · Lineage

A BILL

To amend the Higher Education Act of 1965 to reinstate the authority of the Secretary of Education to make Federal Direct Stafford Loans to graduate and professional students.

1. Short title

This Act may be cited as the “Protecting Our Students by Terminating Graduate Rates that Add to Debt Act” or the “POST GRAD Act”.

2. Reinstatement of authority to make Federal Direct Stafford Loans to graduate and professional students

Section 455(a)(3) of the Higher Education Act of 1965 (20 U.S.C. 1087e(a)(3)) is amended—
(1)
in the paragraph heading, by inserting “Temporary” before “Termination”; and
(2)
in subparagraph (A), in the matter preceding clause (i), by inserting “, and ending on or before June 30, 2019” after “2012”.

3. Inapplicability of rulemaking requirements

Sections 482(c) and 492 of the Higher Education Act of 1965 (20 U.S.C. 1089(c); 1098a) shall not apply to the regulations under this Act.