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HR 6825 116th Congress House Education Elementary and secondary education Government lending and loan guarantees Higher education Student aid and college costs Teaching, teachers, curricula

Teacher Loan Forgiveness Improvement Act of 2020

Introduced: May 12, 2020 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 2020
Referred to the House Committee on Education and Labor.
May 12, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Teacher Loan Forgiveness Improvement Act of 2020

This bill modifies the Teacher Loan Forgiveness program by increasing the amount of loan forgiveness available for certain qualified teachers who have federal student loans. The program provides loan forgiveness for teachers who are highly qualified, teach full-time in a low-income school or educational service agency, and complete five years of consecutive service.

Specifically, the bill increases from $5,000 to $15,000 the amount of available loan forgiveness for an elementary or secondary school teacher in any subject.

It also increases from $17,500 to $30,000 the amount of available loan forgiveness for a secondary school math or science teacher and for a special education teacher.

What's happening now May 12, 2020

Referred to the House Committee on Education and Labor.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1