Page:United States Statutes at Large Volume 94 Part 2.djvu/163

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PUBLIC LAW 96-000—MMMM. DD, 1980

PUBLIC LAW 96-374—OCT. 3, 1980

94 STAT. 1441

(3) by striking out "September 30, 1978" in subsection Qoi) and inserting in lieu thereof "September 30, 1981"; and (4) by striking out "October 1, 1984" in subsection (c) and inserting in lieu thereof "October 1, 1990". LOAN LIMITATIONS

SEC. 443. Section 464(a)(2) of this Act is amended— (1) by striking out "$10,000" in clause (A) and inserting in lieu thereof "$12,000"; (2) by striking out "$5,000" in clause (B) and inserting in lieu thereof "$6,000"; and (3) by striking out "$2,500" in clause (C) and inserting in lieu thereof "$3,000".

20 USC 1087dd.

DEFERRAL OF REPAYMENT

SEC. 444. (a) Section 464(c)(2)(A) of the Act is amended— (1) by inserting "or is an officer in the Commissioned Corps of the Public Health Service" immediately after "Armed Forces of the United States" in clause (ii); (2) by striking out "or" at the end of clause (iii), by striking out the period at the end of clause (iv) and inserting in lieu thereof a semicolon, and by inserting after clause (iv) the following new clauses: "(v) is in service, comparable to the service referred to in clauses (iii) and (iv), as a full-time volunteer for an organization which is exempt from taxation under section 501(c)(3) of the Internal Revenue Code of 1954; 26 USC 501. "(vi) is serving an internship, the successful completion of which is required in order to receive professional recognition required to begin professional practice or service; or "(vii) is temporarily totally disabled (as defined in section 435())), as established by sworn affidavit of a qualified physician, Ante, p. 1418. or during which the borrower is unable to secure employment by reason of the care required by a spouse who is so disabled.'; (3) by striking "clause (ii), (iii), or (iv)" in the second sentence of such section and inserting in lieu thereof "clause (ii), (iii), (iv), (v), or (vii)"; and (4) by inserting immediately after such sentence the following Limitation. new sentence: "The period during which repayment may be deferred by reason of clause (vi) shall not exceed two years.". (b) Section 464(c)(1)(A) of the Act is amended by striking out "nine months" each place it appears and inserting in lieu thereof "six months". (c) Section 464(c)(2) of the Act is amended by adding at the end thereof the following new subparagraph: "(C) No repayment of principal of, or interest on, any loan for any period of study, service, or disability described in subparagraph (A) or any combination thereof shall begin until six months after the completion of such period of study, service, disability, or combination thereof". (d) Section 464(c)(3) of the Act is amended by inserting "(A)" immediately after "(3)" and by adding at the end thereof the following: "(B) Pursuant to uniform criteria established by the Secretary, the repayment period for any student borrower who during the repayment period is a low-income individual may be extended for a period