1. Short title This Act may be cited as the Terrorism Survivors Student Loan Deferment Act . 2. Student loan deferment for victims of terrorist attacks (a) Terms of federally insured student loans Section 427(a)(2)(C) of the Higher Education Act of 1965 ( 20 U.S.C. 1077(a)(2)(C) ) is amended— (1) in clause (ii), by striking or after the semicolon; (2) in clause (iii), by inserting or after the semicolon; and (3) by inserting after clause (iii) the following: (iv) not in excess of 1 year due to the borrower being a victim of a terrorist attack; . (b) FFEL program Section 428(b) of the Higher Education Act of 1965 ( 20 U.S.C. 1078(b) ) is amended— (1) in paragraph (1)(M)— (A) in clause (iii), by striking or (II); or and inserting or (II); ; (B) in clause (iv), by inserting or after the semicolon; and (C) by adding at the end the following: (v) not in excess of 1 year due to the borrower being a victim of a terrorist attack as described in paragraph (10); ; and (2) by adding at the end the following: (10) Deferment for victims of terrorist attacks For purposes of deferment under paragraph (1)(M)(v), a victim of a terrorist attack is an individual who is designated as a victim of a terrorist attack by the head of the Federal agency that is handling the investigation of the attack. . (c) Direct loans Section 455 of the Higher Education Act of 1965 ( 20 U.S.C. 1087e ) is amended— (1) in subsection (e)(7)(B)(i), by inserting or due to the borrower being a victim of a terrorist attack after section 435(o) ; and (2) in subsection (f)— (A) in paragraph (2)— (i) in subparagraph (C), by striking clause (i) or (ii); or and inserting clause (i) or (ii); ; (ii) in subparagraph (D), by striking the period at the end and inserting ; or ; and (iii) by adding at the end the following: (E) not in excess of 1 year due to the borrower being a victim of a terrorist attack as described in paragraph (5).