118th Congress · HOUSE BILLBILL

H.R. 1731LOAN Act

To amend the Higher Education Act of 1965 to double the Pell Grant award amount, improve the Public Service Loan Forgiveness program, and reduce interest rates, and for other purposes.

Education
Introduced Mar 22, 2023
Last action Mar 22, 2023
Pipeline · Bill → Law
Step 1
Introduced
Mar 22, 2023
Step 2
Referred
Mar 22, 2023
Budget · Education and Workforce
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill makes various changes to federal student aid programs, including the Federal Pell Grant program and the Public Service Loan Forgiveness (PSLF) program. Specifically, the bill revises the Federal Pell Grant program by providing funding to increase the maximum Pell Grant award for each eligible student, requiring the award amount to be adjusted for inflation, allowing students who receive means-tested federal benefits (e.g., Medicaid) to automatically qualify for the maximum Pell Grant award plus an additional award amount, raising from 12 to 18 the total number of semesters during which a student may receive a Pell Grant, and allowing income-eligible graduate students who receive...

Provisions · 22 sectionsIntroduced in House
6 provisions
10 provisions
3 provisions
5 provisions
2 provisions
2 provisions
3 provisions
Timeline · 3 actions
Mar 22, 2023
Introduced in House
Mar 22, 2023
Referred to the Committee on Education and the Workforce, 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.
Mar 22, 2023
Referred to the Committee on Education and the Workforce, 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.