Public Service Appreciation Through Loan Forgiveness Act
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
President
Introduced Jan 11, 2021
Last action Jan 11, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 11, 2021
Committee
Referred to the House Committee on Education and Labor.
lower
Jan 11, 2021
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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