Sec. 4303. Amendments to terms and conditions of public service loan forgiveness
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Section 455(m) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(m) ) is amended— in paragraph (1)— in subparagraph (A)— by striking or at the end of clause (iii); in clause (iv), by striking and ; and by adding at the end the following: payments under the income-based repayment plan under section 493C(f); or payments under the fixed repayment plan described in section 493E; and ; and in subparagraph (B), by striking
(i)is employed and all that follows through has been and inserting has been ; in paragraph (2), by adding at the end the following: In the case of a borrower who meets the requirements under paragraph
(1)for such cancellation, such cancellation shall occur without further action by the borrower. ; by redesignating paragraphs
(3)and
(4)as paragraphs
(9)and (10), respectively; and by inserting after paragraph
(2)the following: In the case of an eligible Federal Direct Loan refinanced under section 460A or 460B, any monthly payment pursuant to any repayment plan listed in paragraph (1)(A) made on a loan, for which the liability has been discharged by such refinanced loan and without regard to whether such loan is an eligible Federal Direct Loan, shall be treated as a monthly payment under paragraph (1)(A) on the portion of such refinanced loan that is attributable to such discharged loan. The Secretary shall ensure that borrowers have access to an on-line portal that provides each borrower who signs on to such portal with the following: Instructions on how to access the database under paragraph
(5)so that the borrower can determine whether the borrower is employed in a public service job. An identification of the loans of the borrower that are eligible Federal Direct Loans. With respect to each such eligible Federal Direct Loan, the number of monthly payments on such loan that qualify as a monthly payment under paragraph (1)(A), and the estimated number of monthly payments under paragraph (1)(A) remaining on such loan before the borrower may be eligible for loan cancellation under this subsection. With respect to each loan of the borrower that is not eligible for loan cancellation under this subsection, an explanation of why the loan is not so eligible and instructions on how what, if anything, the borrower may do to make the loan so eligible. Instructions for the submission of any forms associated with such loan cancellation, and an ability for the borrower to use the portal to electronically sign and submit such forms. In the case of a borrower who disputes a determination of the Secretary relating to the entitlement of the borrower to loan cancellation under paragraph (2)— an ability for the borrower to file a claim with the Secretary to dispute such determination through the portal; and in the case of such a claim that has been filed, the status of such claim, for which updates shall be provided not fewer than once every 90 days. The Secretary shall ensure that an employer of a borrower has the ability to electronically sign and submit any forms associated with loan cancellation under this subsection. The Secretary shall ensure that any information provided through the on-line portal described in this paragraph is up-to-date information. The Secretary, in consultation with the Commissioner of the Internal Revenue Service, shall establish and regularly update a database that lists public service jobs. The database established under subparagraph
(A)shall be made available on a publicly accessible website of the Department in an easily searchable format. ; in paragraph (9), as so redesignated— in subparagraph (A)— by inserting before the period at the end the following: (including any Federal Direct Stafford Loan, Federal Direct PLUS Loan, Federal Direct Unsubsidized Stafford Loan, or Federal Direct Consolidation Loan refinanced under section 460A) ; by striking The term and inserting the following: The term ; and by adding at the end the following: In the case of an eligible Federal Direct Loan that is a Federal Direct Consolidation Loan made on or after the date of enactment of the College Affordability Act , any monthly payment pursuant to any repayment plan listed in paragraph (1)(A) made on a loan, for which the liability has been discharged by the proceeds of such Federal Direct Consolidation Loan and without regard to whether the loan is an eligible Federal Direct Loan, shall be treated as a monthly payment under paragraph (1)(A) on the portion of such Federal Direct Consolidation Loan that is attributable to such discharged loan, except that in the case of a subsequent consolidation loan, for purposes of this clause— any monthly payment made on the first consolidation loan or any other loan for which the liability has been discharged by such subsequent consolidation loan shall be applicable; and any monthly payment made on a loan for which the liability has been discharged by such first consolidation loan shall not be applicable. ; in subparagraph (B)— in clause (i), by striking or at the end; in clause (ii), by striking the period at the end and inserting a semicolon; and by adding at the end the following: a full-time job as an employee or manager of a farm or ranch that, with respect to a fiscal year, has earnings of gross revenue during such year from the sale of agricultural products equal to or greater than— in the case of 2019, $35,000; or in the case of any succeeding year, the amount applicable under this subparagraph for the previous year, increased by the estimated percentage change in the Consumer Price Index for the most recent year preceding such year; or a full-time job with a veterans or military service organization as described in paragraph
(19)or
(23)of section 501(c) of the Internal Revenue Code, that does not engage in partisan political campaign activity. ; and by adding at the end the following: The term full-time professionals engaged in health care practitioner occupations includes an individual who— has a full-time job as a health care practitioner; provides medical services in such full-time job at a nonprofit or public hospital or other nonprofit or public health care facility; and is prohibited from being employed directly by such hospital or other health care facility by State law. ; and in paragraph (10), as so redesignated, by striking section 428J, 428K, 428L, or 460 and inserting section 428K or 428L .
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Sec. 4303
Amendments to terms and conditions of public service loan forgiveness
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