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HR 2677 114th Congress House Education Government employee pay, benefits, personnel management Government lending and loan guarantees Higher education Military personnel and dependents National Guard and reserves Student aid and college costs

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.

Introduced: June 4, 2015 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2015
Referred to the Subcommittee on Higher Education and Workforce Training.
Jun 4, 2015
Referred to the House Committee on Education and the Workforce.
Jun 4, 2015
Introduced in House
 Plain-English summary Congressional Research Service

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.
What's happening now November 16, 2015

Referred to the Subcommittee on Higher Education and Workforce Training.

 Committees of jurisdiction 2