Selected Reserve Education Loan Repayment Program Enhancement Act This bill increases, to the greater of 20% or $1000, the maximum amount of certain education loans that the Department of Defense may repay for members of the Selected Reserve under the education loan repayment program. Under current law, the maximum amount is the greater of 15% or $500.
Higher educationNational Guard and reservesStudent aid and college costsVeterans' education, employment, rehabilitation
Selected Reserve Education Loan Repayment Program Enhancement Act
USA116th CongressHR-7424| House
| Updated: 6/30/2020
Selected Reserve Education Loan Repayment Program Enhancement Act This bill increases, to the greater of 20% or $1000, the maximum amount of certain education loans that the Department of Defense may repay for members of the Selected Reserve under the education loan repayment program. Under current law, the maximum amount is the greater of 15% or $500.