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United States · Bill · HR

H.R. 8872 (117th)

LOAN Act

referredUnited States· United States Congress· EN

Introduced

15 September 2022

Last action

15 September 2022 · Introduced

Status

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.

Sponsors

Rep. Wilson, Frederica S. [D-FL-24], Rep. Scott, Robert C. "Bobby" [D-VA-3], Rep. Adams, Alma S. [D-NC-12], Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large], Rep. Bonamici, Suzanne [D-OR-1], Rep. Manning, Kathy E. [D-NC-6], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Hayes, Jahana [D-CT-5], Rep. Takano, Mark [D-CA-39], Rep. Davis, Danny K. [D-IL-7], Rep. McBath, Lucy [D-GA-6], Rep. Thompson, Bennie G. [D-MS-2], Rep. Soto, Darren [D-FL-9], Rep. DeSaulnier, Mark [D-CA-10], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Barragán, Nanette Diaz [D-CA-44], Rep. Correa, J. Luis [D-CA-46], Rep. Evans, Dwight [D-PA-3], Rep. Cherfilus-McCormick, Sheila [D-FL-20], Rep. Carbajal, Salud O. [D-CA-24], Rep. Torres, Ritchie [D-NY-15], Rep. Clarke, Yvette D. [D-NY-9], Rep. Lawrence, Brenda L. [D-MI-14], Rep. Sarbanes, John P. [D-MD-3], Rep. Lee, Barbara [D-CA-12], Rep. Brown, Shontel M. [D-OH-11], Rep. Lawson, Al, Jr. [D-FL-5], Rep. Carter, Troy A. [D-LA-2], Rep. Bowman, Jamaal [D-NY-16], Rep. Carson, André [D-IN-7], Rep. Espaillat, Adriano [D-NY-13], Rep. Castro, Joaquin [D-TX-20]

Subjects

Education

Source updated

21 July 2025

Education

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.

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

Timeline

  1. 15 September 2022

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 15 September 2022

    Introduced

    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.

    Source: IntroReferral

  3. 15 September 2022

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 15 September 2022

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 15 September 2022

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 15 September 2022

    Open at official source

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Sponsors

Related records

Sources

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