Legis Daily

LOAN Act

USA117th CongressHR-8872| House 
| Updated: 9/15/2022
Frederica S. Wilson

Frederica S. Wilson

Democratic Representative

Florida

Cosponsors (31)
Brenda L. Lawrence (Democratic)Dwight Evans (Democratic)Al Lawson (Democratic)Robert C. "Bobby" Scott (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Ritchie Torres (Democratic)Darren Soto (Democratic)Shontel M. Brown (Democratic)Troy A. Carter (Democratic)Gregorio Kilili Camacho Sablan (Democratic)J. Luis Correa (Democratic)Kathy E. Manning (Democratic)John P. Sarbanes (Democratic)Adriano Espaillat (Democratic)Danny K. Davis (Democratic)Sheila Cherfilus-McCormick (Democratic)André Carson (Democratic)Joaquin Castro (Democratic)Mark DeSaulnier (Democratic)Jahana Hayes (Democratic)Alma S. Adams (Democratic)Mark Takano (Democratic)Lucy McBath (Democratic)Eleanor Holmes Norton (Democratic)Salud O. Carbajal (Democratic)Yvette D. Clarke (Democratic)Bennie G. Thompson (Democratic)Suzanne Bonamici (Democratic)Nanette Diaz Barragán (Democratic)Jamaal Bowman (Democratic)

Education and Workforce Committee, Budget Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Lowering Obstacles to Achievement Now Act or the LOAN Act This bill makes various changes to federal student aid programs, including by providing funding to increase the maximum Pell Grant award for each eligible student and reducing the number of monthly loan payments required for loan forgiveness under the Public Service Loan Forgiveness (PSLF) program.
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Timeline

Bill from Previous Congress

HR 116-4603
LOAN Act of 2019
Aug 4, 2021

Latest Companion Bill Action

S 117-2596
Introduced in Senate
Sep 15, 2022
Introduced in House
Sep 15, 2022
Referred to the Committee on Education and Labor, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • Bill from Previous Congress

    HR 116-4603
    LOAN Act of 2019


  • August 4, 2021

    Latest Companion Bill Action

    S 117-2596
    Introduced in Senate


  • September 15, 2022
    Introduced in House


  • September 15, 2022
    Referred to the Committee on Education and Labor, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Education

Related Bills

  • S 117-2081: Pell Grant Preservation and Expansion Act of 2021
  • HR 117-3946: Pell Grant Preservation and Expansion Act of 2021
  • HR 117-4002: Expanding Access to Graduate Education Act of 2021
  • HR 117-6898: Teacher Debt Relief Act

LOAN Act

USA117th CongressHR-8872| House 
| Updated: 9/15/2022
Lowering Obstacles to Achievement Now Act or the LOAN Act This bill makes various changes to federal student aid programs, including by providing funding to increase the maximum Pell Grant award for each eligible student and reducing the number of monthly loan payments required for loan forgiveness under the Public Service Loan Forgiveness (PSLF) program.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-4603
LOAN Act of 2019
Aug 4, 2021

Latest Companion Bill Action

S 117-2596
Introduced in Senate
Sep 15, 2022
Introduced in House
Sep 15, 2022
Referred to the Committee on Education and Labor, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • Bill from Previous Congress

    HR 116-4603
    LOAN Act of 2019


  • August 4, 2021

    Latest Companion Bill Action

    S 117-2596
    Introduced in Senate


  • September 15, 2022
    Introduced in House


  • September 15, 2022
    Referred to the Committee on Education and Labor, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Frederica S. Wilson

Frederica S. Wilson

Democratic Representative

Florida

Cosponsors (31)
Brenda L. Lawrence (Democratic)Dwight Evans (Democratic)Al Lawson (Democratic)Robert C. "Bobby" Scott (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Ritchie Torres (Democratic)Darren Soto (Democratic)Shontel M. Brown (Democratic)Troy A. Carter (Democratic)Gregorio Kilili Camacho Sablan (Democratic)J. Luis Correa (Democratic)Kathy E. Manning (Democratic)John P. Sarbanes (Democratic)Adriano Espaillat (Democratic)Danny K. Davis (Democratic)Sheila Cherfilus-McCormick (Democratic)André Carson (Democratic)Joaquin Castro (Democratic)Mark DeSaulnier (Democratic)Jahana Hayes (Democratic)Alma S. Adams (Democratic)Mark Takano (Democratic)Lucy McBath (Democratic)Eleanor Holmes Norton (Democratic)Salud O. Carbajal (Democratic)Yvette D. Clarke (Democratic)Bennie G. Thompson (Democratic)Suzanne Bonamici (Democratic)Nanette Diaz Barragán (Democratic)Jamaal Bowman (Democratic)

Education and Workforce Committee, Budget Committee

Education

Related Bills

  • S 117-2081: Pell Grant Preservation and Expansion Act of 2021
  • HR 117-3946: Pell Grant Preservation and Expansion Act of 2021
  • HR 117-4002: Expanding Access to Graduate Education Act of 2021
  • HR 117-6898: Teacher Debt Relief Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted