Student loan servicing
Title VIII — Committee on Health, Education, Labor, and Pensions › Subtitle C — Loan Repayment
Read this section in the full bill →
The wording changed from On the Senate calendar to Senate changes. Removed words are struck through; added words are underlined.
How the text changed
Paragraph (1) of section 458(a) of the Higher Education Act of 1965 (20 U.S.C. 1087h(a)(1)) is amended to read as follows: (1) Additional mandatory funds for fiscal years 2025 and 2026 For each of the fiscal years 2025 and 2026 there servicing There shall be available to the Secretary (in addition to any other amounts appropriated under any appropriations Act for administrative costs under this part and part B and out of any money in the Treasury not otherwise appropriated) funds $1,000,000,000 to be obligated for administrative costs under this part and part B, including the costs of servicing the direct student loan programs under this part, not to exceed $500,000,000 in each such fiscal year..which shall remain available until expended..
added wordsremoved wordsComparison computed by Public Law Tracker from the official text