HR. 4862In Committee
LOAN Act
Revise federal student aid by expanding Pell Grants, changing public service loan forgiveness, adding refinancing and repayment options, and repealing recent education law provisions
Plain-English overview
What this bill does
Revise federal student aid by expanding Pell Grants, changing public service loan forgiveness, adding refinancing and repayment options, and repealing recent education law provisions
Key points
- Modify public service loan forgiveness
- Allow graduate Pell Grant use
- Repeal recent education provisions
- Increase Pell Grant awards
Current status
Where it stands
Status
In Committee
Latest action
2025-08-01 — Referred to the Committee on Education and Workforce, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related context
Topics and policy areas
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