H.R. 3748 would amend the Federal Direct Loan Program to provide that interest shall not accrue on Federal Direct Loans for active duty service members.

== Detailed Summary ==

<summary>
(Log in to editServicemember Student Loan Interest Relief Act - Amends the wiki and be the firstHigher Education Act of 1965 to provide that no interest shall accrue on student loans under the Federal Direct Loan program for individuals who are serving on active duty or performing National Guard duty during a detailed summarywar or other military operation or national emergency. Limits receipt of such benefit to 60 months.

Requires the bill!)Secretary of Education to offer direct consolidation loans to eligible service members who want to avoid the accrual of interest on existing loans.
</summary>

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== Status of the Legislation ==

<status>
(Log inLatest Major Action: 10/4/2007: Referred to House committee. Status: Referred to edit the wikiHouse Committee on Education and be the first to update the status of the bill!)Labor.
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== Points in Favor ==

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== Points Against ==

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