SENATE DOCKET, NO. 1914        FILED ON: 2/18/2021

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 834

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Adam Gomez

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to late fees for no interest student loans.

_______________

PETITION OF:

 

Name:

District/Address:

 

Adam Gomez

Hampden

 

Adam J. Scanlon

14th Bristol

2/25/2021


SENATE DOCKET, NO. 1914        FILED ON: 2/18/2021

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 834

By Mr. Gomez, a petition (accompanied by bill, Senate, No. 834) of Adam Gomez and Adam J. Scanlon for legislation relative to late fees for no interest student loans.  Higher Education.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Second General Court
(2021-2022)

_______________

 

An Act relative to late fees for no interest student loans.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Notwithstanding any general or special law to the contrary, the Massachusetts department of higher education and the office of student financial assistance shall not apply late fees to no-interest student loans issued pursuant to clause (cc) of section 9 of chapter 15A of the General Laws from March 10, 2021 to December 31st, 2022. Any late fee paid on a no-interest student loan issued pursuant to said clause (cc) of said section 9 of said chapter 15A for a payment due from March 10, 2021 to the effective date of this shall be refunded within 30 days of the effective date of this act.