Protecting Our Students by Terminating Graduate Rates that Add to Debt Act or the POST GRAD Act
This bill authorizes graduate and professional students to receive subsidized Stafford Loans. These students have been ineligible to receive subsidized Stafford Loans since July 1, 2012.
To amend the Higher Education Act of 1965 to reinstate the authority of 
  the Secretary of Education to make Federal Direct Stafford Loans to 
                  graduate and professional students.

    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 ``Protecting Our Students by 
Terminating Graduate Rates that Add to Debt Act'' or the ``POST GRAD 
Act''.

SEC. 2. REINSTATEMENT OF AUTHORITY TO MAKE FEDERAL DIRECT STAFFORD 
              LOANS TO GRADUATE AND PROFESSIONAL STUDENTS.

    Section 455(a)(3) of the Higher Education Act of 1965 (20 U.S.C. 
1087e(a)(3)) is amended--
            (1) in the paragraph heading, by inserting ``Temporary'' 
        before ``Termination''; and
            (2) in subparagraph (A), in the matter preceding clause 
        (i), by inserting ``, and ending on or before June 30, 2021'' 
        after ``2012''.

SEC. 3. INAPPLICABILITY OF RULEMAKING REQUIREMENTS.

    Sections 482(c) and 492 of the Higher Education Act of 1965 (20 
U.S.C. 1089(c); 1098a) shall not apply to the regulations under this 
Act.
                                 <all>
POST GRAD Act
To amend the Higher Education Act of 1965 to reinstate the authority of the Secretary of Education to make Federal Direct Stafford Loans to graduate and professional students.
POST GRAD Act
Protecting Our Students by Terminating Graduate Rates that Add to Debt Act
Rep. Chu, Judy