Section 1 Short title
This Act may be cited as the “Recognizing Military Service in PSLF Act”.
Recognizing Military Service in PSLF Act
A BILL
To direct the Secretary of Education to deem each month for which certain Federal student loans are in deferment during a period of active duty service as months counted toward public service loan forgiveness.
Sec. 2 Active duty deferment periods counted toward public service loan forgiveness
Section 455(m) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)) is amended—
by redesignating paragraphs (2) through (4) as paragraphs (3) through (5), respectively;
in paragraph (1), in the matter preceding subparagraph (A), by striking “paragraph (2)” and inserting “paragraph (3)”; and
by inserting after paragraph (1) the following:
“(2) Active duty deferment periods—Notwithstanding any other provision of this subsection, the Secretary shall deem each month for which a loan payment was in deferment under subsection (f)(2) of this section or for which a loan payment was in forbearance under section 685.205(a)(7) of title 34, Code of Federal Regulations, (or similar successor regulations), for a borrower described in subsection (f)(2)(C) as if the borrower of the loan had made a payment for the purpose of public service loan forgiveness under this subsection.”