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United States · Bill · S

S. 963 (118th)

Loan Forgiveness for Educators Act

referredUnited States· United States Congress· EN

Introduced

23 March 2023

Last action

23 March 2023 · Introduced

Status

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sponsors

Sen. Luján, Ben Ray [D-NM], Sen. Baldwin, Tammy [D-WI], Sen. Booker, Cory A. [D-NJ], Sen. Brown, Sherrod [D-OH], Sen. Blumenthal, Richard [D-CT], Sen. Casey, Robert P., Jr. [D-PA], Sen. Duckworth, Tammy [D-IL], Sen. Feinstein, Dianne [D-CA], Sen. Heinrich, Martin [D-NM], Sen. Kaine, Tim [D-VA], Sen. Kelly, Mark [D-AZ], Sen. Markey, Edward J. [D-MA], Sen. Menendez, Robert [D-NJ], Sen. Merkley, Jeff [D-OR], Sen. Padilla, Alex [D-CA], Sen. Reed, Jack [D-RI], Sen. Van Hollen, Chris [D-MD], Sen. Wyden, Ron [D-OR], Sen. Welch, Peter [D-VT], Sen. Smith, Tina [D-MN]

Subjects

Education

Source updated

5 December 2025

Education

Summary

Loan Forgiveness for Educators Act This bill expands loan forgiveness for educators by revising the Teacher Loan Forgiveness Program. The program provides loan forgiveness (up to $17,500) for teachers who are highly qualified, teach full-time in a low-income elementary or secondary school or educational service agency, and complete five years of consecutive service. Specifically, the bill renames the program as the Educator Loan Forgiveness Programs. Additionally, the bill expands the program by making additional loan types eligible for benefits under the program (e.g., parent PLUS loans). Further, the bill expands program eligibility to early childhood educators and program directors serving in early childhood education programs and school leaders serving in public high-need schools. The bill requires the Department of Education to make monthly student loan payments on behalf of the educator during qualifying service (i.e., employment as a full-time qualifying educator in a high-need school or an early childhood education program), provide complete loan forgiveness after five years of qualifying service, and take steps to notify borrowers about changes to the program.

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

Timeline

  1. 23 March 2023

    Introduced

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Source: IntroReferral

  2. 23 March 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 23 March 2023

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 23 March 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 23 March 2023

    Open at official source

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Sponsors

Related records

Sources

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