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Strengthening Forgiveness for Public Servants Act
Legislative Progress
Introduced
January 21, 2016
Latest Action
January 21, 2016
Primary Sponsor
Richard BlumenthalDemocratic(CT)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 3,548 other S bills in the 114th — cohort avg 43d
Strengthening Forgiveness for Public Servants Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education (ED) to cancel 15%, 15%, 20%, 20%, and 30% of the amount a borrower owes after 2, 4, 6, 8, and 10 years of public service employment, respectively, on a William D. Ford Federal Direct Loan made after this bill's enactment. (Currently, the balance of a borrower's Direct Loan is canceled if the borrower is not in default and has made 120 monthly payments on such loan while employed as a public service employee.) The bill: (1) requires borrowers availing themselves of such loan cancellation to submit an employment certification form that includes self-certification of employment and employer certification of employment dates, and (2) places the borrower's loan in deferment during the period in which the borrower is employed in an eligible public service job if the borrower submits such form to ED. If a portion of a loan is canceled for any year, the interest on such loan for such year shall be canceled.
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Filing registrants (2)
2016 · fourth_quarter · Budget/Appropriations
FY17 appropriations: NIH, AHRQ, HRSA programs; NHSC; Title VII and VIII; IHS; sequestration (Budget Control Act of 2011); federal student aid programs; Rural Physician Training Grants; non-defense discretionary programs; HRSA Teaching Health Center Graduate Medical Education Program; Strengthening Forgiveness for Public Servants Act (HR 5899/ S 2463).
Client expense: $70,000 · Firm income: Not reported
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2015 · second_quarter · Education
Higher Education Federal Regulatory Compliance issues, Reauthorization of the Higher Education Act, etc The Financial Aid Simplification and Transparency (FAST) Act, S. 85, amend the Higher Education Act of 1965 to establish a simplified income-driven repayment plan, and for other purposes. S. 1334 - To establish new federal Student Loan interest rates tied to a market based interest rate. S. 2981 - To limit federal overreach in postsecondary academic affairs, eliminating three regulations affecting colleges and universities. The three regulations repealed under H.R. 2637 include state authorization requirements, the federal definition of a credit hour, and gainful employment requirements. H.R. 3047 The borrower of a loan under the William D. Ford Federal Direct Program may modify the interest rate of the loan to be equal to the interest rate that would be applicable to such loan if loan were first disbursed (or first applied for) on the date which the borrower elects to modify the interest rate of such loan. Interest rate elected under this clause will be fixed for the life of the loan. H.R. 5031, STEM Act of 2014, defines STEM education to include computer science as a discipline H.R. 3136, Advancing Competency-Based Education Demonstration Project Act, Would streamline the amount of information currently available to students and their families regarding estimated college costs, loan options, and potential repayment plans on a consumer-tested College Dashboard. H.R. 4984, Empowering Students Through Enhanced Financial Counseling Act, Would increase financial aid counseling for students and families entering the college-application process. DRAFT of Chairman Harkin's HEA Reauthorization S. 2506, Correctly Recognizing Educational Achievements To Empower Graduates Act, A bill to award grants to States to support efforts at institutions of higher education to increase degree attainment, and for other purposes. H.R. 5100, Standardization of Collegiate Oversight of Revenues and Expenditures (SCORE) Act, A bill to amend the Higher Education Act of 1965 to require institutions of higher education to report revenue generated by each sports team, and for other purposes. H.R. 4582, S. 2292, S. 2463, Bank on Students Emergency Loan Refinancing Act Simplifying Federal Financial Aid (both on the House and Senate side) particular focus on a one-grant, one-loan, one-tax credit system. Costs and institutional compliance requirements associated with Office of Federal Contract Compliance Programs (OFCCP) Higher Education Accreditation President Obamas Higher Education Proposals Rating System/College Scorecard Tax Credit Expansions Race to the Top for college affordability and compliance oFinancial Aid Shopping Sheet S. 2692, Campus Accountability and Safety Act,
Client expense: Not reported · Firm income: $53,270
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · third_quarter · Education
Higher Education Federal Regulatory Compliance issues, Reauthorization of the Higher Education Act The Financial Aid Simplification and Transparency (FAST) Act, S. 85, amend the Higher Education Act of 1965 to establish a simplified income-driven repayment plan, and for other purposes. S. 1334 - To establish new federal Student Loan interest rates tied to a market based interest rate. S. 2981 - To limit federal overreach in postsecondary academic affairs, eliminating three regulations affecting colleges and universities. The three regulations repealed under H.R. 2637 include state authorization requirements, the federal definition of a credit hour, and gainful employment requirements. H.R. 3047 The borrower of a loan under the William D. Ford Federal Direct Program may modify the interest rate of the loan to be equal to the interest rate that would be applicable to such loan if loan were first disbursed (or first applied for) on the date which the borrower elects to modify the interest rate of such loan. Interest rate elected under this clause will be fixed for the life of the loan. H.R. 5031, STEM Act of 2014, defines STEM education to include computer science as a discipline H.R. 3136, Advancing Competency-Based Education Demonstration Project Act, Would streamline the amount of information currently available to students and their families regarding estimated college costs, loan options, and potential repayment plans on a consumer-tested College Dashboard. H.R. 4984, Empowering Students Through Enhanced Financial Counseling Act, Would increase financial aid counseling for students and families entering the college-application process. DRAFT of Chairman Harkin's HEA Reauthorization S. 2506, Correctly Recognizing Educational Achievements To Empower Graduates Act, A bill to award grants to States to support efforts at institutions of higher education to increase degree attainment, and for other purposes. H.R. 5100, Standardization of Collegiate Oversight of Revenues and Expenditures (SCORE) Act, A bill to amend the Higher Education Act of 1965 to require institutions of higher education to report revenue generated by each sports team, and for other purposes. H.R. 4582, S. 2292, S. 2463, Bank on Students Emergency Loan Refinancing Act Simplifying Federal Financial Aid (both on the House and Senate side) particular focus on a one-grant, one-loan, one-tax credit system. Costs and institutional compliance requirements associated with Office of Federal Contract Compliance Programs (OFCCP) S. 590, Campus Accountability and Safety Act S. 355, Teach Safe Relationships Act H.R. 5269, HALT Campus Sexual Violence Act
Client expense: Not reported · Firm income: $53,520
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · second_quarter · Education
Higher Education Federal Regulatory Compliance issues, Reauthorization of the Higher Education Act, etc The Financial Aid Simplification and Transparency (FAST) Act, S. 85, amend the Higher Education Act of 1965 to establish a simplified income-driven repayment plan, and for other purposes. S. 1334 - To establish new federal Student Loan interest rates tied to a market based interest rate. S. 2981 - To limit federal overreach in postsecondary academic affairs, eliminating three regulations affecting colleges and universities. The three regulations repealed under H.R. 2637 include state authorization requirements, the federal definition of a credit hour, and gainful employment requirements. H.R. 3047 The borrower of a loan under the William D. Ford Federal Direct Program may modify the interest rate of the loan to be equal to the interest rate that would be applicable to such loan if loan were first disbursed (or first applied for) on the date which the borrower elects to modify the interest rate of such loan. Interest rate elected under this clause will be fixed for the life of the loan. H.R. 5031, STEM Act of 2014, defines STEM education to include computer science as a discipline H.R. 3136, Advancing Competency-Based Education Demonstration Project Act, Would streamline the amount of information currently available to students and their families regarding estimated college costs, loan options, and potential repayment plans on a consumer-tested College Dashboard. H.R. 4984, Empowering Students Through Enhanced Financial Counseling Act, Would increase financial aid counseling for students and families entering the college-application process. DRAFT of Chairman Harkin's HEA Reauthorization S. 2506, Correctly Recognizing Educational Achievements To Empower Graduates Act, A bill to award grants to States to support efforts at institutions of higher education to increase degree attainment, and for other purposes. H.R. 5100, Standardization of Collegiate Oversight of Revenues and Expenditures (SCORE) Act, A bill to amend the Higher Education Act of 1965 to require institutions of higher education to report revenue generated by each sports team, and for other purposes. H.R. 4582, S. 2292, S. 2463, Bank on Students Emergency Loan Refinancing Act Simplifying Federal Financial Aid (both on the House and Senate side) particular focus on a one-grant, one-loan, one-tax credit system. Costs and institutional compliance requirements associated with Office of Federal Contract Compliance Programs (OFCCP) Higher Education Accreditation President Obamas Higher Education Proposals Rating System/College Scorecard Tax Credit Expansions Race to the Top for college affordability and compliance oFinancial Aid Shopping Sheet S. 2692, Campus Accountability and Safety Act,
Client expense: Not reported · Firm income: $53,271
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · first_quarter · Education
Reauthorization of the Higher Education Act, etc The Financial Aid Simplification and Transparency (FAST) Act, S. 85, amend the Higher Education Act of 1965 to establish a simplified income-driven repayment plan, and for other purposes. S. 1334 - To establish new federal Student Loan interest rates tied to a market based interest rate. S. 2981 - To limit federal overreach in postsecondary academic affairs, eliminating three regulations affecting colleges and universities. The three regulations repealed under H.R. 2637 include state authorization requirements, the federal definition of a credit hour, and gainful employment requirements. H.R. 3047 The borrower of a loan under the William D. Ford Federal Direct Program may modify the interest rate of the loan to be equal to the interest rate that would be applicable to such loan if loan were first disbursed (or first applied for) on the date which the borrower elects to modify the interest rate of such loan. Interest rate elected under this clause will be fixed for the life of the loan. H.R. 5031, STEM Act of 2014, defines STEM education to include computer science as a discipline H.R. 3136, Advancing Competency-Based Education Demonstration Project Act, Would streamline the amount of information currently available to students and their families regarding estimated college costs, loan options, and potential repayment plans on a consumer-tested College Dashboard. H.R. 4984, Empowering Students Through Enhanced Financial Counseling Act, Would increase financial aid counseling for students and families entering the college-application process. DRAFT of Chairman Harkin's HEA Reauthorization S. 2506, Correctly Recognizing Educational Achievements To Empower Graduates Act, A bill to award grants to States to support efforts at institutions of higher education to increase degree attainment, and for other purposes. H.R. 5100, Standardization of Collegiate Oversight of Revenues and Expenditures (SCORE) Act, A bill to amend the Higher Education Act of 1965 to require institutions of higher education to report revenue generated by each sports team, and for other purposes. H.R. 4582, S. 2292, S. 2463, Bank on Students Emergency Loan Refinancing Act Simplifying Federal Financial Aid (both on the House and Senate side) particular focus on a one-grant, one-loan, one-tax credit system. Costs and institutional compliance requirements associated with Office of Federal Contract Compliance Programs (OFCCP) Higher Education Accreditation President Obamas Higher Education Proposals Rating System/College Scorecard Tax Credit Expansions Race to the Top for college affordability and compliance oFinancial Aid Shopping Sheet S. 2692, Campus Accountability and Safety Act,
Client expense: Not reported · Firm income: $53,271
Government targets: HOUSE OF REPRESENTATIVES, SENATE