LOAN Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 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.
What just happenedSep 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.
Who’s behind it
- Introduced in HouseSep 15, 2022
- Sep 15, 2022IntroReferralH11100
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.
Budget Committee - Sep 15, 2022IntroReferralH11100
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 and the Workforce Committee - Sep 15, 2022IntroReferralIntro-H
Introduced in House
- Sep 15, 2022IntroReferral1000
Introduced in House