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Provide for reconciliation pursuant to title II of H. Con. Res. 14 › Section 82004

Public Service Loan Forgiveness

Section 82004 · Sec. 82004 ·

What this chapter is about

This part adds on-time payments under a new repayment plan to the loan forgiveness count. The plan is the Repayment Assistance Plan. Another item is tied to an older wording.

1 proposal indexed from this chapter.

The document says “is amendedWho acts: CongressHow: statuteSec. 82004 in the PDF
What the document says

“on-time payments under the Repayment Assistance Plan under subsection (q); and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 82004

The section adds a new clause (v) to section 455(m)(1)(A) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)(1)(A)) counting on-time payments under the Repayment Assistance Plan, and ties an existing clause to the wording in effect the day before a repeal.

What the document actually says

“on-time payments under the Repayment Assistance Plan under subsection (q); and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 82004
That sentence, in plain words

Payments made on time under a new plan now count. That plan is the Repayment Assistance Plan.

What this is about

They count toward public service loan forgiveness. That wipes a loan after enough payments. The older law is not indexed here.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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What This Page Covers, and What It Leaves Out

The one thing the section does: add on-time payments under the Repayment Assistance Plan to the qualifying payments.

The punctuation edits that make room for the new clause.

The section works by amending section 455(m)(1)(A) of the Higher Education Act of 1965, which is not indexed here, so how public service loan forgiveness works cannot be checked against anything on this site.