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Code · BILL · 113th Congress · S. 2954 (Introduced in Senate) — To improve the Higher Education Act of 1965, and for other purposes. · Sec. 454

Sec. 454. Federal Direct Loan forgiveness for certain American Indian educators

129 words·~1 min read·/bill/113/s/2954/is/section-454

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Section 460(c) ( 20 U.S.C. 1087j(c) ) is amended by adding at the end the following: Notwithstanding the amount specified in paragraph
(1)and the requirements under subparagraphs
(A)and
(B)of subsection (b)(1), the aggregate amount that the Secretary shall cancel under this section shall be not more than $17,500 in the case of a borrower who— has been employed as a full-time teacher for 5 consecutive complete school years in a local educational agency described in section 7112(b) of the Elementary and Secondary Education Act of 1965 or in a school operated or funded by the Bureau of Indian Education; and is a member of an Indian tribe (as defined in section 4 of the Indian Self-Determination and Education Assistance Act ( 25 U.S.C. 450b )). .
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Sec. 454
Federal Direct Loan forgiveness for certain American Indian educators
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