Student Loan Refinancing Act of 2026
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 4
- Latest action
- Jun 4, 2026
What it does
The Student Loan Refinancing Act of 2026 would amend the Higher Education Act of 1965 to create a refinancing program allowing borrowers to refinance eligible Federal Direct and FFEL student loans into new Federal Direct loans with interest rates tied to current rates for similar loans, without extending repayment terms or applying origination fees or loan limits. The program would apply to Federal Direct Stafford, Unsubsidized Stafford, PLUS, and Consolidation Loans, as well as FFEL loans made under parts B, 428, 428B, 428H, and 428C, which would be converted to corresponding Federal Direct loan types. Borrowers could refinance a loan no more than twice within a 10-year period, and the…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.