S.481: Tribal Colleges and Universities Faculty Loan Forgiveness Act

About This Bill

Bill Sponsor

Bill Summary

Tribal Colleges and Universities Faculty Loan Forgiveness Act - Amends the Higher Education Act of 1965 to provide for the cancellation of a specified percentage of the total amount of any Federal Perkins loan, Federal Family Education loan, or direct student loan for each year of employment (up to five) as a full-time faculty member at a tribal college or university if the borrower is not in default on such loan. Requires the Secretary to...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.481.

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Indian Affairs.
Committee on Indian Affairs. Ordered to be reported without amendment favorably.
Committee on Indian Affairs. Reported by Senator Dorgan without amendment. With written report No. 110-46.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 111.
Feb. 1, 2007

Introduced in the Senate by Kent Conrad (D-N.D.)

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