VETS Act

A bill to amend the Servicemembers Civil Relief Act to provide for reimbursement to servicemembers of tuition for programs of education interrupted by military service, for deferment of students loans and reduced interest rates for servicemembers during periods of military service, and for other purposes.

6/27/2007--Introduced.
Veterans Education Tuition Support Act or VETS Act - Amends the Servicemembers Civil Relief Act to require an institution of higher education, in the case of a servicemember who because of military service discontinues a program of education at an institution that administers a federal financial aid program, to:
(1) refund to the servicemember tuition and other fees paid for the portion of the program of education for which the servicemember did not receive academic credit because of such military service; and
(2) provide the servicemember an opportunity to reenroll at the institution with the same educational and academic status that the servicemember had when the program was discontinued because of the military service. Requires a provider of a student loan with respect to such a servicemember:
(1) if the servicemember reenrolls in the program of education (or a comparable program) within 13 months following the period of military service, to disregard the entire period that the education was discontinued in determining the date on which student loan repayment is to begin; or
(2) if the servicemember does not reenroll, to not require loan repayment to begin before the later of the last day of such 13-month period or the date the repayment was otherwise required to begin. Prohibits a court from granting a creditor relief from the 6% limit on interest charged against student loan indebtedness.


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Sponsor

• Sen. Sherrod Brown [D, OH]
• and 14 Co-Sponsors
  • Sen. Max Baucus [D, MT]
  • Sen. Barbara Boxer [D, CA]
  • Sen. Robert Casey [D, PA]
  • Sen. Pete Domenici [R, NM]
  • Sen. Amy Klobuchar [D, MN]
  • Sen. Claire McCaskill [D, MO]
  • Sen. Robert Menendez [D, NJ]
  • Sen. Barbara Mikulski [D, MD]
  • Sen. Patty Murray [D, WA]
  • Sen. Ken Salazar [D, CO]
  • Sen. Jefferson Sessions [R, AL]
  • Sen. Debbie Ann Stabenow [D, MI]
  • Sen. Jon Tester [D, MT]
  • Sen. Jim Webb [D, VA]
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Committees

• Senate Veterans' Affairs

Amendments

This bill has no amendments.

Amendments to S.1718

Number	Status	Purpose

Bill Status

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Introduced		Voted on by Senate		Voted on by House		Considered By President		Bill Becomes Law
June 27, 2007

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All Bill Actions

• Jun 27, 2007: Read twice and referred to the Committee on Veterans' Affairs.
• Introduced on Jun 27, 2007.

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Related Bills:

• H.R.2910

Related Issue Areas:

• Iraq compilation
• Veterans
• Armed forces
• Budgets
• 14 more
• Collection of accounts
• College costs
• Debtor and creditor
• Defense policy
• Education
• Federally-guaranteed loans
• Finance
• Government lending
• Higher education
• Interest rates
• Military personnel
• Student loan funds
• Students' rights
• Veterans' education

Data from the Congressional Research Service

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Blog Coverage

June 26, 2007 Bill Action: Introduced: S. 1718: A bill to amend the ...

Sherrod Brown [D-OH] introduced S. 1718: A bill to amend the Servicemembers Civil Relief Act to provide for reimbursement to servicemebers of tuition for programs of education interrupted by military service, for deferment of students ...

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June 26, 2007 S. 1718, A bill to amend the Servicemembers Civil Relief Act to ...

S. 1718 would amend the Servicemembers Civil Relief Act to provide for reimbursement to servicemebers of tuition for programs of education interrupted by military service, for deferment of students loans and reduced interest rates for ...

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