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- H.R.8872
H.R.8872: LOAN Act
About This Bill
- Introduced Sept. 15, 2022
- Latest Major Action Sept. 15, 2022
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
31 (All Democrats)
Bill Versions
- Introduced in House - Sept. 15, 2022
- Introduced in House - Sept. 15, 2022
- Introduced in House - Sept. 15, 2022
Bill Summary
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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Sept. 15, 2022 |
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.
|
| Sept. 15, 2022 |
Introduced in the House by Frederica Wilson (D-Fla.) |