US HB251 | 2021-2022 | 117th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2021 - 25% progression
Action: 2021-01-11 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requires the Department of Education (ED) to implement a partial student loan forgiveness reduction schedule and conduct awareness activities relating to the Public Service Loan Forgiveness (PSLF) program. Specifically, ED must implement a public service loan forgiveness reduction schedule to cancel principal and interest due on Federal Direct Loans based on the number of payments made by the borrower, develop informational materials relating to the eligibility requirements of the PSLF program, make the informational materials available on its website and conduct outreach to not-for-profit institutions and government organizations about the availability of these materials, and establish an online portal for borrowers to submit employment certification forms.

Tracking Information

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Title

Public Service Appreciation Through Loan Forgiveness Act

Sponsors


History

DateChamberAction
2021-01-11HouseReferred to the House Committee on Education and Labor.
2021-01-11HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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