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Service-Contingent Federal Student Loan Forgiveness and Loan Repayment Programs. CRS Report R47837, Version 6. Updated

Title: Service-Contingent Federal Student Loan Forgiveness and Loan Repayment Programs. CRS Report R47837, Version 6. Updated
Language: English
Authors: Alexandra Hegji; Sylvia L. Bryan; Elayne J. Heisler; Library of Congress, Congressional Research Service (CRS)
Source: Congressional Research Service. 2024.
Availability: Congressional Research Service. Web site: https://crsreports.congress.gov/
Peer Reviewed: N
Page Count: 22
Publication Date: 2024
Intended Audience: Policymakers
Document Type: Reports - Descriptive; Numerical/Quantitative Data
Education Level: Higher Education; Postsecondary Education
Descriptors: Student Financial Aid; Loan Repayment; Public Agencies; Financial Support; Tables (Data); Educational Legislation; Federal Legislation; National Security; Higher Education; Student Loan Programs; Federal Aid; Public Health; Military Personnel; Teacher Education Programs; Armed Forces; Health Personnel; Public Service; Employees; Health Services; Nursing Education; American Indian Education; Program Descriptions; Legal Education (Professions); Police Education
Laws, Policies and Program Identifiers: National Defense Education Act; Higher Education Act Title IV; Public Health Service Act; Perkins Loan Program
Abstract: The number and availability of service-contingent loan forgiveness and loan repayment programs have expanded considerably since the establishment of the first major federal loan forgiveness program under the National Defense Education Act of 1958. This report provides information on federally authorized service-contingent student loan forgiveness and repayment programs in two tables. Table 1 lists programs that were operational on or after October 1, 2021. Table 2 lists such programs that were previously operational prior to October 1, 2021; that were never active; or for which program information is unavailable. Both tables contain the following information: (1) program name; (2) statutory citation; (3) administering agency; (4) qualifying service required of program participants; (5) maximum amount of benefits program participants can receive; (6) most recently available data regarding the amount of funds appropriated for the program or the amount of benefits awarded under the program; and (7) resources for additional information.
Abstractor: ERIC
Entry Date: 2024
Accession Number: ED641590
Database: ERIC