Higher Education Affordability Resource Act

Summary

Higher Education Affordability Resource Act - Amends the Internal Revenue Code (IRC) to include coverage of other qualified higher education expenses under the HOPE scholarship tax credit. Amends the Higher Education Act of 1965 (HEA) to establish a program of student loan forgiveness for: (1) highly qualified teachers in low-income communities; (2) highly qualified teachers of mathematics, science, and bilingual and special education; (3) nurses who serve low-income or needy communities in a clinical setting or as members of the nursing faculty at an accredited school of nursing; (4) child welfare workers with a degree in social work or a related field with a focus on serving children and families in public or private child welfare services; and (5) firefighters, police officers, or emergency medical technicians (first responders) who serve low-income communities. Directs the Secretary of Education, without case-by-case consideration, to allow a student to receive two Pell grants during a single award year under certain conditions. Excludes from consideration as student assets, for purposes of HEA student financial needs analysis, qualified education benefits from prepayment or savings plans that meet certain IRC requirements. Requires lenders to provide certain student loan borrowers with special transition assistance plans at specified interest rates. Establishes a partnership grant program to support academic transfer credits, to help students complete bachelor's degrees, through developing and implementing articulation and guaranteed transfer agreements between institutions of higher education. Prohibits an eligible institution from refusing to certify, or reduce the amount certified for, a loan under the part B Federal Family Education Loan Program in order to require the student to borrow a loan under the part D Federal Perkins Loans program if the student has remaining loan eligibility under part B.

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

Timeline

1. 4 January 2005

   Introduced

   Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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.

   Source: IntroReferral

2. 4 January 2005

   Introduced

   Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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.

   Source: IntroReferral

3. 4 January 2005

   Introduced

   Introduced in House

   Source: IntroReferral

4. 4 January 2005

   Introduced

   Introduced in House

   Source: IntroReferral

5. 9 February 2005

   Referred

   Referred to the Subcommittee on 21st Century Competitiveness.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 January 2005 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 January 2005

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 January 2005

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 4 January 2005

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Menendez, Robert [D-NJ] · D · Sponsor
• Rep. Conyers, John, Jr. [D-MI-13] · D · Cosponsor
• Rep. Clyburn, James E. [D-SC-6] · D · Cosponsor
• Rep. Serrano, Jose E. [D-NY-15] · D · Cosponsor
• Rep. Etheridge, Bob [D-NC-2] · D · Cosponsor
• Rep. Jones, Stephanie Tubbs [D-OH-11] · D · Cosponsor
• Rep. Owens, Major R. [D-NY-11] · D · Cosponsor
• Rep. McGovern, James P. [D-MA-2] · D · Cosponsor
• Rep. Payne, Donald M. [D-NJ-10] · D · Cosponsor
• Rep. Hinojosa, Ruben [D-TX-15] · D · Cosponsor
• Rep. Neal, Richard E. [D-MA-1] · D · Cosponsor
• Rep. Lee, Barbara [D-CA-12] · D · Cosponsor
• Rep. Sánchez, Linda T. [D-CA-38] · D · Cosponsor
• Rep. Weiner, Anthony D. [D-NY-9] · D · Cosponsor
• Rep. Wexler, Robert [D-FL-19] · D · Cosponsor
• Rep. Jefferson, William J. [D-LA-2] · D · Cosponsor
• Rep. Fattah, Chaka [D-PA-2] · D · Cosponsor
• Rep. Salazar, John T. [D-CO-3] · D · Cosponsor
• · hsed00 · Standing
• · hswm00 · Standing

Related records

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