REDI Act

Bill: 119-hr-2028
Sponsor: full_name: Rep. Babin, Brian [R-TX-36]
Introduced: 2025-03-11
Policy area: Education
Latest action: action_date: 2025-03-11
text: Referred to the House Committee on Education and Workforce.

Summaries:
action_date: 2025-03-11
action_desc: Introduced in House
text: <p><strong>Resident Education Deferred Interest Act or the REDI Act</strong><strong></strong></p> <p>This bill allows borrowers in medical or dental internships or residency programs to defer student loan payments until the completion of their programs. </p>

tv_txt: I 119th CONGRESS 1st Session H. R. 2028 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 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.

1. Short title This Act may be cited as the Resident Education Deferred Interest Act or the REDI Act . 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. .