To require the Secretary of Education to verify that individuals have made a commitment to serve in the Armed Forces or in public service, or otherwise are a borrower on an eligible loan which has been submitted to a guaranty agency for default aversion or is already in default, before such individuals obtain a consolidation loan.

Summary

This bill amends the Higher Education Act of 1965, with respect to eligibility for consolidation loans, to require verification of a borrower's status by the Department of Education in the following cases: for obtaining income-contingent or -based repayment, and only if the loan has been submitted to the guaranty agency for default aversion or where the loan is already in default; for the purposes of using the public service loan forgiveness program; or for the purpose of using the no accrual of interest benefit for active duty service members.

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

Timeline

1. 4 June 2015

   Introduced

   Referred to the House Committee on Education and the Workforce.

   Source: IntroReferral

2. 4 June 2015

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 June 2015

   Introduced

   Introduced in House

   Source: IntroReferral

4. 16 November 2015

   Referred

   Referred to the Subcommittee on Higher Education and Workforce Training.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 June 2015 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 June 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 June 2015

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 June 2015

  Open at official source

Sponsors

• Rep. Salmon, Matt [R-AZ-5] · R · Sponsor
• ELIOT ENGEL · D · Sponsor
• Brett Guthrie · R · Sponsor
• ALCEE HASTINGS · D · Sponsor
• Duncan Hunter · R · Sponsor
• Donald Payne · D · Sponsor
• Rep. Walberg, Tim [R-MI-5] · R · Sponsor
• Rep. Murphy, Patrick [D-FL-18] · D · Cosponsor
• · hsed00 · Standing

Related records

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