HR 5816119th CongressIn Committee

HELP FEDs Act

Introduced: Oct 24, 2025

Sponsor: Rep. Crockett, Jasmine [D-TX-30] (D-Texas)

EducationFinancial ServicesLabor & Employment

Standard Summary

Comprehensive overview in 1-2 paragraphs

The HELP FEDs Act prohibits penalties, interest accrual, and negative credit reporting for federal employees' student loans during government shutdowns, providing automatic relief for missed payments without borrower action and requiring retroactive correction of credit reports for disruptions after October 1, 2025.

Key Points

1Federal employees are shielded from late fees and penalties on student loans during funding lapses that cause missed paychecks due to government shutdowns.
2Interest does not accrue on qualified education loans for federal workers during involuntary pay disruptions caused by lapses in federal funding.
3Credit reporting agencies must exclude shutdown-related missed payments from reports and retroactively remove any inaccurately recorded negative credit information.

Impact Areas

Federal government employees with student loansStudent loan servicers and the Department of EducationCredit reporting agencies and financial institutionsBorrowers affected by past government shutdowns

Generated by legislative-analyst-pro on Oct 29, 2025