1. Short title This Act may be cited as the COVID–19 Perkins Loan Relief Act . 2. Lowering rates for borrowers with Federal Perkins loans (a) Suspension of interest (1) Suspension of interest The Secretary of Education shall require holders of Federal Perkins Loans to suspend the accrual of interest on such loans during the COVID–19 pandemic. (2) Requirements Under the program and effective as of March 13, 2020, all holders of Federal Perkins Loans shall— (A) provide that no interest shall accrue on Federal Perkins Loans until September 30, 2020