1. Service-Contingent Federal Student Loan Forgiveness and Loan Repayment Programs. CRS Report R47837, Version 6. Updated
- Author
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Library of Congress, Congressional Research Service (CRS), Alexandra Hegji, Sylvia L. Bryan, and Elayne J. Heisler
- Abstract
The number and availability of service-contingent loan forgiveness and loan repayment programs have expanded considerably since the establishment of the first major federal loan forgiveness program under the National Defense Education Act of 1958. This report provides information on federally authorized service-contingent student loan forgiveness and repayment programs in two tables. Table 1 lists programs that were operational on or after October 1, 2021. Table 2 lists such programs that were previously operational prior to October 1, 2021; that were never active; or for which program information is unavailable. Both tables contain the following information: (1) program name; (2) statutory citation; (3) administering agency; (4) qualifying service required of program participants; (5) maximum amount of benefits program participants can receive; (6) most recently available data regarding the amount of funds appropriated for the program or the amount of benefits awarded under the program; and (7) resources for additional information.
- Published
- 2024