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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.
9/15/2022 • House
Summary
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.
Introduced in House • 9/15/2022
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (32)
Party Breakdown
Sponsor
Cosponsors (31)
Bill Journey
Originated in the House
Introduced
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.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (5)
H.R. 3946
Pell Grant Preservation and Expansion Act of 2021
H.R. 4002
Expanding Access to Graduate Education Act of 2021
H.R. 6898
Teacher Debt Relief Act
S. 2081
Pell Grant Preservation and Expansion Act of 2021
H.R. 1731
LOAN Act