H.R. 2881 113th Congress House

SERVE Act

Official title: To amend the Higher Education Act of 1965 to increase the amount of loan forgiveness available to highly-qualified teachers employed in low-income schools who … Show full official titleShow less

Official title: To amend the Higher Education Act of 1965 to increase the amount of loan forgiveness available to highly-qualified teachers employed in low-income schools who teach in the same school district for five consecutive years.

Introduced: July 31, 2013 See on congress.gov

Education Education of the disadvantagedEducation programs fundingGovernment lending and loan guaranteesHigher education

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Student aid and college costsTeaching, teachers, curricula

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Sep 13, 2013

Referred to the Subcommittee on Higher Education and Workforce Training.

Jul 31, 2013

Referred to the House Committee on Education and the Workforce.

Jul 31, 2013

Introduced in House

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Latest action September 13, 2013

Referred to the Subcommittee on Higher Education and Workforce Training.

Plain-English summary Congressional Research Service

Support Educators and Reinvest in Valuable Education Act or the SERVE Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to increase, from $5,000 to $17,500, the amount of loan forgiveness available under the Federal Family Education Loan (FFEL) and Direct Loan (DL) programs to highly qualified teachers who have been employed at a low income school in the same local educational agency (LEA) for five consecutive complete school years.

Requires those low income schools to be schools: (1) at which more than 30% of the students are impoverished, and (2) located within the school district of an LEA that is eligible for school improvement funds under title I of the Elementary and Secondary Education Act of 1965.

Excepts PLUS loans under the FFEL and DL programs that are provided to the parents of dependent undergraduate students from that loan forgiveness program.

Includes consolidation loans in that loan forgiveness program, but only to the extent they are used to repay eligible FFELs or DLs.

Bill text 1 version