Health Professions Student Income Contingent Loan Act

Summary

Health Professions Student Income Contingent Loan Act - States that the Secretary of Health, Education, and Welfare may make loans to students attending any public or other nonprofit school of medicine, osteopathy, dentistry, pharmacy, podiatry, optometry, or veterinary medicine which is located in a State and is accredited. Provides that such loans may not in the aggregate exceed $14,000 for any student for any academic year or its equivalent and may not be made to any student for more than four academic years or their equivalent. Sets forth a formula for determining the rate at which such student loan should be repaid. Establishes in the Treasury a health professions opportunity fund which shall be available to the Secretary without fiscal year limitation, in such amounts as may be specified from time to time in appropriation Acts, to enable him to make loans under this Act. Authorizes appropriations of such sums as may be necessary for the loans authorized by this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 22 May 1974

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.