ADJUSTMENT OF SUBSIDIZED LOAN USAGE LIMITS.

SEC. 3506. ADJUSTMENT OF SUBSIDIZED LOAN USAGE LIMITS. Notwithstanding section 455(q)(3) of the Higher Education Act of 1965 (20 U.S.C. 1087e(q)(3)), the Secretary shall exclude from a student’s period of enrollment for purposes of loans made under part D of title IV of the Higher Education Act of 1965 (20 U.S.C. 1087a et seq.) any semester (or the equivalent) that the student does not complete due to a qualifying emergency, if the Secretary is able to administer such policy in a manner that limits complexity and the burden on the student.