This Act may be cited as the Public Service Loan Forgiveness Inclusion Act of 2026.

(a) In general Section 455(m)(1)(A) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)(1)(A)U.S. Code — Title 20, Section 1087e(m)(1)(A)View official source on GovInfo) is amended— (1) by amending clause (iii) to read as follows: (iii) monthly payments under a repayment plan under subsection (d)(1) or (g)— (I) with respect to the first 60 monthly payments, without regard to the amount of such payment; and (II) with respect to each subsequent monthly payment, of not less than the monthly amount calculated under subsection (d)(1)(A), based on a 10-year repayment period;; (2) in clause (iv), by striking or at the end; (3) in clause (v), by striking and at the end and inserting or; and (4) by adding at the end the following: (vi) monthly payments under the standard repayment plan under subsection (d)(7)(A)(i); and. (b) Suspended payments Section 455(m)(3) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)(3)U.S. Code — Title 20, Section 1087e(m)(3)View official source on GovInfo) is amended by adding at the end the following: (C) Monthly payment The term monthly payment includes a payment described in clauses (i) through (vi) of paragraph (1)(A) that would have been made by a borrower for a month during any period in which— (i) repayment is suspended by reason of administrative forbearance; and (ii) the borrower is employed in a public service job.. (c) Notification to borrowers; applicability (1) Notification Not later than 180 days after the date of the enactment of this Act, the Secretary of Education shall— (A) inform each borrower of a loan made under part D of title IV of the Higher Education Act of 1965 (20 U.S.C. 1087a et seq.U.S. Code — Title 20, Section 1087a and followingView official source on GovInfo) of— (i) subclause (I) of section 455(m)(1)(A)(iii) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)(1)(A)(iii)U.S. Code — Title 20, Section 1087e(m)(1)(A)(iii)View official source on GovInfo), as added by this Act; (ii) subparagraph (C) of section 455(m)(3) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)(3)U.S. Code — Title 20, Section 1087e(m)(3)View official source on GovInfo), as added by this Act; and (iii) the effect of such subclause and such subparagraph on loan cancellation under section 455(m) (20 U.S.C. 1087e(m)U.S. Code — Title 20, Section 1087e(m)View official source on GovInfo); and (B) provide information to such borrowers on how to change repayment plans. (2) Applicability The amendment made by subsection (a) with respect to payment amounts of the first 60 monthly payments under section 455(m) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)U.S. Code — Title 20, Section 1087e(m)View official source on GovInfo) shall apply to borrowers who, on or after the date of the enactment of this section, have made fewer than 120 monthly payments pursuant to such section.