LOAN Act
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Lowering Obstacles to Achievement Now Act or the LOAN Act
This bill makes various changes to federal student aid programs, including by providing funding to increase the maximum Pell Grant award for each eligible student and reducing the number of monthly loan payments required for loan forgiveness under the Public Service Loan Forgiveness (PSLF) program.
Referred to the Committee on Education and Labor, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 8872: LOAN Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-8872/
"H.R. 8872: LOAN Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-8872/.
H.R. 8872, 117th Cong. (2026), https://openamerica.io/bill/117-HR-8872/.
[H.R. 8872: LOAN Act](https://openamerica.io/bill/117-HR-8872/)