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Code · BILL · 115th Congress · S. 3660 (Introduced in Senate) — To improve the health of minority individuals, and for other purposes. · Sec. 310

Sec. 310. Loan forgiveness for mental and behavioral health social workers

308 words·~1 min read·/bill/115/s/3660/is/section-310

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Section 455 of the Higher Education Act of 1965 ( 20 U.S.C. 1087e ) is amended by adding at the end the following: The Secretary shall cancel the balance of interest and principal due, in accordance with paragraph (2), on any eligible Federal Direct Loan not in default for a borrower who— has made 120 monthly payments on the eligible Federal Direct Loan after October 1, 2016, pursuant to any one or a combination of the following— payments under an income-based repayment plan under section 493C; payments under a standard repayment plan under subsection (d)(1)(A), based on a 10-year repayment period; monthly payments under a repayment plan under subsection (d)(1) or
(g)of not less than the monthly amount calculated under subsection (d)(1)(A), based on a 10-year repayment period; or payments under an income contingent repayment plan under subsection (d)(1)(D); and is employed as a mental health or behavioral health social worker, as defined by the Secretary by regulation, at the time of such forgiveness; and has been employed as such a mental health or behavioral health social worker during the period in which the borrower makes each of the 120 payments as described in subparagraph (A). After the conclusion of the employment period described in paragraph (1), the Secretary shall cancel the obligation to repay the balance of principal and interest due as of the time of such cancellation, on the eligible Federal Direct Loans made to the borrower under this part. No borrower may, for the same employment as a mental health or behavioral health social worker, receive a reduction of loan obligations under both this subsection and subsection (m), 428J, 428K, 428L, or 460. In this subsection, the term eligible Federal Direct Loan means a Federal Direct Stafford Loan, Federal Direct PLUS Loan, Federal Direct Unsubsidized Stafford Loan, or a Federal Direct Consolidation Loan. .
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Sec. 310
Loan forgiveness for mental and behavioral health social workers
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