,i #aacth ,,congress #ast ,session ,h4 ,r4 #bcdi ,,in ,,the ,,house ,,of ,,representatives ,june #ac1 #bjac ,mrs4 ,negrete ,mc,leod 7for herself and ,ms4 ,hahn7 introduced the following bill2 which was referred to the ,committee on ,education and the ,workforce ,a ,,bill ,to restore and extend the grace period of ,federal ,direct ,stafford ,loans and ,federal ,direct ,unsubsidized ,stafford ,loans4 #a4 ,short title ,this ,act may be cited as the ,get ,relief from ,academic ,debt ,act of #bjac or the ,,grad ,act of #bjac4 #b4 ,restoration and extension of the start of the repayment period of certain ,federal direct loans 7a7 ,restoration of interest subsidy during first #f-,month grace period ,section #dbh7;a77#c77;,a77i77,i7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgh7;a77#c77;,a77i77,i77 is amended by inserting or1 for a ,federal ,direct ,stafford ,loan for which the first disbursement is made on or after ,july #a1 #bjac1 which accrues prior to the beginning of the repayment period of the loan 7except for interest which accrues during the last #f-months prior to the beginning of such period1 in the case of a student who makes an election under section #c7;b77#b7 of the ,get ,relief from ,academic ,debt ,act of #bjac71 before 1 or4 7b7 ,grace-,period extension 7#a7 ,amendment ,section #dbh7;b77#g7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgh7;b77#g77 is amended-- 7,a7 in subparagraph 7,a71 by inserting or1 in the case of a student who makes an election under section #c7;b77#b7 of the ,get ,relief from ,academic ,debt ,act of #bjac1 #ab months after #f months2 and 7,b7 in subparagraph 7,d71 by inserting or1 in the case of a student who makes an election under section #c7;b77#b7 of the ,get ,relief from ,academic ,debt ,act of #bjac1 the #ab-month period after #f-month period4 7#b7 ,election of extended grace period for certain ,,fdsl and ,,fdus ,loans ,the ,secretary of ,education shall provide an opportunity for each borrower who has a ,federal ,direct ,stafford ,loan or ,federal ,direct ,unsubsidized ,stafford ,loan for which the first disbursement is made on or after ,july #a1 #bjac1 to elect a #ab-month grace period1 in accordance with section #dbh7;b77#g7 of the ,higher ,education ,act of #aife1 as amended by this subsection1 before beginning repayment4 ,the ,secretary shall-- 7,a7 notify each such borrower of the opportunity for such an election not later than #de days before the start of the borrower's repayment period1 as determined under section #dbh7;b77#g7 of the ,higher ,education ,act of #aife as in effect on the day before the date of enactment of this ,act2 7,b7 advise each such borrower of the financial consequences of electing such #ab-month grace period2 and 7,c7 not require such a borrower to accept a #ab-month grace period in accordance with section #dbh7;b77#g7 of the ,higher ,education ,act of #aife 7as amended by this subsection71 unless the borrower specifically elects such #ab-month grace period not later than #ad days before the start of the borrower's repayment period1 as determined under section #dbh7;b77#g7 of the ,higher ,education ,act of #aife as in effect on the day before the date of enactment of this ,act4