Sec. 4. Student loan repayment for certain cybersecurity employees
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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 amount described in paragraph
(2)of the balance of interest and principal due, in accordance with such paragraph, on any eligible Federal Direct Loan not in default for a borrower who— makes 36 consecutive monthly payments on the eligible Federal Direct Loan after the date of the enactment of this section 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 during the period in which the borrower makes each of the 36 consecutive monthly payments described in subparagraph (A), has been employed in a cybersecurity job— located in an area that, for at least 12 of such consecutive monthly payments is an economically distressed area; and that requires that the borrower work in the economically distressed area no less than 60 percent of total work hours. After the conclusion of the employment period described in paragraph (1), the Secretary shall cancel the lesser of the following: 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. $25,000. No borrower may, for the same service, receive a reduction of loan obligations under both this subsection and— subsection (m); or section 428J, 428K, 428L, or 460. In this section: The term cybersecurity job means— a skill role as defined in the NCWF Work Roles by the National Initiative for Cybersecurity Education
(NICE)Cybersecurity Workforce Framework
(NCWF)of the National Institute of Standards and Technology, Special Publication 800–181, or any successor document; or teaching a cybersecurity course for a skill role described in clause (i). The term economically distressed area means an area that meets one or more criteria under section 301(a) of the Public Works and Economic Development Act of 1965 ( 42 U.S.C. 3161(a) ). .
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