Public Service Appreciation Through Loan Forgiveness Act This bill 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.
Public Service Appreciation Through Loan Forgiveness Act
Introduced in House
Referred to the House Committee on Education and Labor.
Education
First Amendment rightsGovernment information and archivesGovernment lending and loan guaranteesHigher educationInterest, dividends, interest ratesInternet and video servicesInternet, web applications, social mediaLaw enforcement officersLawyers and legal servicesLicensing and registrationsMilitary personnel and dependentsSocial work, volunteer service, charitable organizationsStudent aid and college costsTeaching, teachers, curricula
Public Service Appreciation Through Loan Forgiveness Act
USA117th CongressHR-251| House
| Updated: 1/11/2021
Public Service Appreciation Through Loan Forgiveness Act This bill 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.
First Amendment rightsGovernment information and archivesGovernment lending and loan guaranteesHigher educationInterest, dividends, interest ratesInternet and video servicesInternet, web applications, social mediaLaw enforcement officersLawyers and legal servicesLicensing and registrationsMilitary personnel and dependentsSocial work, volunteer service, charitable organizationsStudent aid and college costsTeaching, teachers, curricula