POST GRAD Act

This bill temporarily restores federal student loans (Federal Direct Stafford Loans) for graduate and professional students, directly affecting those pursuing advanced degrees. It reinstates a provision that had expired after 2012, allowing these loans to be offered again through June 30, 2023. The bill specifically amends the Higher Education Act to clarify this temporary reinstatement and exempts it from certain administrative rulemaking requirements. It does not create new loan programs but reestablishes a prior eligibility period for graduate students. The change is limited to a specific timeframe and applies only to federal student loan programs.