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H.R. 501

BillFederalHouseIn Committee
Nurse Loan Forgiveness Act of 2003
About This Bill
Committee
Latest Action · March 3, 2003
Referred to the Subcommittee on 21st Century Competitiveness.
Congress
108th (2003–2005)
Introduced
January 29, 2003
Cosponsors (55)
40D 14R
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Summary

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Nurse Loan Forgiveness Act of 2003 - Amends the Higher Education Act of 1965 (HEA) to include, under HEA student loan forgiveness and cancellation programs, nurses who serve at least one calendar year in an approved health care facility or setting.Limits the maximum amount of such loan repayment by the Secretary of Education to not more than $2,000 after the first year of such a nurse's employment, with incremental increases after the second through fourth years, up to $5,000 after the fifth year of such employment.

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