H.R. 2028

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2028 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 2028

To amend the Higher Education Act of 1965 to provide for interest-free 
deferment on student loans for borrowers serving in a medical or dental 
internship or residency program.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 11, 2025

Mr. Babin (for himself and Ms. Houlahan) introduced the following bill; 
which was referred to the Committee on Education and Workforce

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A BILL

To amend the Higher Education Act of 1965 to provide for interest-free 
deferment on student loans for borrowers serving in a medical or dental 
internship or residency program.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Resident Education Deferred Interest 
Act'' or the ``REDI Act''.

SEC. 2. DEFERMENT DURING A MEDICAL OR DENTAL INTERNSHIP OR RESIDENCY 
PROGRAM.

Section 455(f) of the Higher Education Act of 1965 (20 U.S.C. 
1087e(f)) is amended--
(1) in paragraph (1), in the matter preceding subparagraph 
(A), by striking ``A borrower'' and inserting ``Except as 
provided in paragraph (7), a borrower'';
(2) in paragraph (2)(A)--
(A) in clause (i), by striking ``or'' after the 
semicolon;
(B) by striking the matter following clause (ii);
(C) in clause (ii), by striking the comma at the 
end and inserting ``; or''; and
(D) by adding at the end the following:
``(iii) is serving in a medical or dental 
internship or residency program;''; and
(3) by adding at the end the following:
``(7) Special rule for certain in school deferment.--
Notwithstanding any other provision of this Act, a borrower 
described in paragraph (2)(A)(iii) shall be eligible for a 
deferment, during which periodic installments of principal need 
not be paid and interest shall not accrue on any loan made to 
the borrower under this part.''.
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