A bill to simplify loan repayment for Federal student loans under title IV of the Higher Education Act of 1965, to make it easier to apply for Federal aid and making that aid predictable, and for other purposes.
About This Bill
Committee
Latest Action · July 21, 2020
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Student Loan Repayment and FAFSA Simplification Act
This bill replaces existing federal student loan repayment plans with one standard 10-year repayment plan and one income-based repayment plan. It also revises the process for filing a Free Application for Federal Student Aid.
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